Overview
Nationally and internationally, auctions are a proven alternative to traditional real estate brokerage. According to Indiana-based consulting company The Gwent Group, the auction method accounted for nearly $59B of U.S. real estate sales in 2002. The National Association of REALTORS® estimates that by 2010 one in every three U.S. real estate transactions will occur using the auction method.
Our Auction Platform
One of the most compelling services that we offer to spotlight an asset or portfolio is the effective use of the auction process. The seller dictates the terms of the transaction; and traditional pricing paradigms are replaced by aggressive marketing. The resulting competition creates an excellent forum to realize a property's true market value.
Using the auction method:
- Property is sold as-is, with marketable title guaranteed
- Sale is made without contingencies
- Sale is consummated on a specific date
- Viewing time is limited/controlled by the seller
Auction Benefits for Property Owners
The auction method attracts smart cash buyers and accelerates the process of selling any property or asset by compressing the marketing period. No other sales method accomplishes that. Offers and counter-offers-as well as frustrating, slow negotiations-are replaced by aggressive bidding among serious prospective buyers.
Additional benefits include:
- Quickly close transactions and gain liquidity
- Choose among the right auction format to meet your needs
- Maintain your relationship with your current broker and work with qualified auction experts
- Appropriate for all property types-commercial, residential, or vacant land
- Especially effective for "trophy" and hard to price properties
Learn More
To learn more about accelerated marketing, please download our brochure or contact our resident auctioneer, Gary Lillie.
| 
