Auctioneer - The Basics and The Benefits

The real estate auction is a win-win proposition for everyone involved. Here are some benefits to Seller, Buyer, and Realtor:

Seller Benefits

• Properties are sold at market value
• Increased market exposure
• Carrying cost elimination
• Creates excitement and competition among buyers
• No sale contingencies
• Accelerated marketing and sales time
• Purchasers are pre-qualified
• Scheduled showings
• Date property will be sold is set
• Aggressive marketing program

Buyer Benefits

• Buyer knows seller is committed to sale
• Multi-property auctions provides many offerings at one time
• Buyers determine the sales price
• No long negotiation process
• Purchasing and closing dates are known
• Comprehensive due diligence information

Realtor Benefits

• Innovative, proven, successful option to real estate sales marketing
• Increases revenue and market share
• Develop your own market "niche"
• Properties sold in short period of time
• Property is exposed to many qualified potential purchasers
• Agents can earn commissions as referring agent/broker
• Cooperating agent/broker, or listing agent/broker