Benefits of Auctions
MARKET PRICE - Buyers bidding & competing encourages fair market price
CONTROL - Sellers determine the terms, conditions & minimum price
COST - Buyer pays the majority of the fee & advertising
TIMING - You determine the dates of the sale and the closing
SHOWING - One pre-auction open house & one open house on auction day
AS-IS – Sellers may offer the property in “As-Is” condition
MONEY - Buyers pay non-refundable down payment on auction day
SALE - Not contingent on buyers’ loan process, appraisal, inspection or repair request
TARGETED - Advertise to interested buyers that will show up “together” to bid
CLOSING - Buyers pay their closing cost – not you