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What are the benefits to the Seller in a real estate auction?
BENEFITS TO THE SELLER:
Buyers who attend auctions come prepared to buy
Fast sale, no long term waiting or costs such as taxes and insurance
Property sells for true market value
Makes the property known to a large number of prospects
Accelerates the sale and closing
Fosters competition among buyers to obtain best price
All buyers are qualified to purchase. No qualifying contingencies.
Exact date of sell is known to Seller
Saved Seller from countless and unscheduled showings
Removes seller out of the negotiation process and let's buyers compete
Aggressive marketing increases interest and visibility
