The following points are among the advantages of selling residential, commercial, or industrial property at auction:

1.    Expediency.  Often the sale is within one month, which results in prompter commission payments and better cash flow.  For the estate sale client, it means the prompt reallocation of resources.  Turning assets into Fast Cash!

2.    An established sale date.  This creates an urgency to buy.

3.    Reduction of negotiation.  The Sellers set the terms and the Bidders set the price.  75% to 85% of the time, the subject property will bring above the market and appraisal price at Real Estate Auctions.

4.    Exposure.  Auctions expose properties to a larger numbers of buyers in a shorter period of time.

5.    Value.  The contending bidders increasing their bids during the auction will confirm the value.  The Buyers, not the Sellers determine the market value.  While a minimum price can be assured and is required by the seller, there is no limit to the maximum price.

6.    Convenience and Efficiency.  An auctioneer handles the entire project from the initial setup to the disposal of personal property and transfer of title of the real estate.

7.    A Professional Marketing Effort.  Marketing includes the leading newspapers, brochures, and website which showcase the property.  This in turns motivates the Market on that property.

---