Benefits For Sellers - Real Estate Auctions

SOME DISTINCT ADVANTAGES OF REAL ESTATE AUCTIONS

• Quick disposal reduces long-term carrying costs, including taxes & maintenance
• Buyers come prepared to buy
• Exposes the property to a large number of pre-qualified prospects
• Requires potential buyers to pre-qualify for financing
• Assurance that property will be sold at true market value
• Accelerates the sale
• Can produce buyers in 30 days or less
• Creates competition among buyers - auction price can exceed the price of a negotiated sale
• The seller knows exactly when the property will sell
• Eliminates numerous and unscheduled showings
• Takes the seller out of the negotiation process
• Ensures an aggressive marketing program that increases interest and visibility
• Can offer the convenience of a complete package for the sale of both real estate and the personal property
• Most properties are suitable for sale by auction. All types of real estate, including residential property (e.g., town homes, condominiums, cooperative apartments and single-family homes), commercial and industrial property, vacant land and even boat slips are sold at auction. However, not all property is ideally suited for auction. If a property will only appeal to a narrow market, auction may not be the most effective marketing method.

At Page Realty and Auction we take pride in our professionalism, and it shows through our record of successful real estate auctions. If you are interested in our real estate auction service, we would appreciate the opportunity to talk with you.