How do real estate auctions work?
Simply put:
Customized Guerilla Marketing Boosts Property Exposure, Bidder Competition and Prices
The long version:
The process is totally opposite from traditional private treaty sales. Real estate auctions allow sellers to set a timeline for sale, set the terms of property transfer and require all qualification and due diligence in advance. Most importantly, auctions result in non-contingent contracts accompanied by non-refundable deposits. Once a Bidder has committed to Purchase, the majority do.
Real estate auctions provide sellers of every type of property an intelligent solution to producing the attention of qualified purchasers and no-hassle settlements. Within 90 days from engaging with a professional Auctioneer, real estate holders may walk out of the closing company with check in hand, or perhaps just confirm receipt of wire.
Thinking of selling? Know your options. Looking for help finding properties?
Get a seasoned business and agriculture professional.
Call Roger M Hunker, Auctioneer/ Realtor 419-217-2828
Is selling using a real estate auction right for you?
Read below for a comparison of auctions and the private sales method.
Auction Method vs Private Sale
Thinking of selling? Know your options. Looking for help finding properties?
Get a seasoned business and agriculture professional
Call Roger M Hunker, Auctioneer/ Realtor 419-217-2828