Benefits of Property Auctions
- Reduction of seller’s carrying costs, maintenance and taxes.
- Seller is assured of obtaining true market value.
- Provides seller with a reliable, predictable exit strategy.
- Removes the buyer from the negotiation process. Establishes minimum price and firm sale date.
- Aggressive marketing approach condenses the process significantly.
- Auction is a proven, respected sales platform.
- Competitive bidding establishes fair market value.
- All due diligence information is provided to the buyer.
- Buyer knows the seller is serious and Committed to sell.
- Buyer gets to establish the final purchase price.
- Auction is a proven, respected sales platform. Terms are established, reducing time needed to negotiate.
- Contract and closing dates are known, eliminating delays.