The seller retains the right to accept or reject any offer.
The seller does not need to disclose the amount they are willing to accept. Auctions are upward
negotiations. At private sale, a price must be set and negotiations are always downward.
The seller knows the date the property will sell. Most auctions are conducted within 30 days of contract
All interested purchasers must prepare to pay the maximum amount they are able to pay.
An auction is the only way you can receive more than you were willing to accept.
No fees or commissions are charged if property is not sold. (Owner-seller will be charged and pay
the advertising costs.)
The seller sets the terms for the sale. Auctions are the only way a property can sell AS IS.
The sale is usually for cash.
The seller pays only the deed and title insurance, and only minimum
Each property is advertised and promoted individually. Realtors
regularly take prospective buyers and
transfer them and their interest to other listings.
Your auction is
the most important to you and to us as we receive nothing for our
efforts if we are not successful.
We show your property to
prospects at their time requested and as many times as needed to make
your auction a success.
Auctioneers will write and place all advertising and signs as required
and specified in the contract
terms. Usually we require no
more than 50% estimated cost up front to advertise and conduct the
regularly called upon to sell real estate that has been listed for 6
months up to a year with no offers.
While we would prefer to be your
first choice, many times we are successful in promoting the property
properly with great
Realtors will work to get you to accept the first offer received.
We work to get you the highest
and best offer received.
AUCTIONS - THE WHITE HEAT OF SALESMANSHIP