Industrial and commercial property specialists Over 40 years of combined real estate experience serving corporations and financial institutions
Selling via the auction method can be a highly effective alternative to traditional real estate brokerage. Where marketing techniques of traditional brokerage firms can last months or even years, the auction process takes every aspect of effective real estate marketing and dramatically reduces the sales cycle, minimizes carrying costs, and creates a single opportunity of competitive bidding that determines the property’s true market value. Auctions are unique events. An auction creates an immediacy for buyers who wish to purchase the property, and an absolute buying deadline that did not exist prior to offering the property via auction.
Benefits to Auctioning Property
- Seller Pays No Commission
- No Ceiling on Price
- No Contingency Sales Contract
- Quick Closing and Turnarounds