Welcome or Register

Auction Basics

          Auctions are most beneficial to sellers when the item or item(s) to be sold are unique or in high demand.  Items such as waterfront property, desirable acreages or lots, high-end commercial or residential property and / or multi-family property sell extremely well at auction. 

 

How You Offer Your Property For Sale Will Be Your Most Important Decision:
Before listing your property with a Realtor for 6 months or more,
compare the Auction Sale Method with the Negotiated Sale Method:

 

AUCTION METHOD

NEGOTIATED SALE METHOD

Focus on your property alone.

Property is one of many being advertised and shown.

Auction conducted in 60 – 90 days.

May remain on the market for months or years.

Exclusively showcases your property throughout the marketplace.

Minimal advertising with heavy reliance on
Multiple Listing Service and Realtor magazines.

Motivated buyers act on your schedule.

Little motivation for buyers; you wait for them.

Auction creates a sense of urgency to promote buyer interest.

Price reduction encouraged to create buyer interest 
and activity.

No asking price is set.  The competitive Auction method sets the property’s fair market value. 

No limitations on price received.

Price received is limited by a set asking price.

Negotiations drive asking price down.

Eliminates guesswork in determining the
asking 
price of the property.

Seller risks overpricing, and thus seeing little interest,
or under pricing and selling for less than the
property is worth.

All conditions of the sale set by the seller in advance, thus eliminating negotiations.

Seller must negotiate all aspects of the sale.

Property SOLD without contingencies.

Contingencies are common

 

There are many Seller benefits, a few are listed here:

                                                            1.         Sell NOW – you set the auction date

                                                            2.         You set the terms & conditions

                                                            3.         No buyer contingencies

                                                            4.         Target specific maximum exposure of your property

                                                            5.         Non-refundable earnest money

                                                            6.         The only term the buyer sets is the price

 

We offer the following auction formats:

  • Onsite Auctions
  • Onsite and simultaneous online Auctions
  • Online only Auctions,  which are timed
  • Virtual Online Auctions (bidders bid while actual bids are called online)
  • Multi-Parcel Online Auctions
  • Multi-Parcel Onsite and simultaneous online Auctions

                

Quick Search


view all


Any

Any

No Min.

No Max.