Auction Advantages / Seller Benefits​

• Offers seller another option.
• Requires the buyers to pre-qualify for loans.
• Creates competition among buyers – auction price can exceed the price of a negotiated sale. An auction generates excitement and highlights buyer interest.
• Exposes the property to a large number of pre-qualified buyers.
• Accelerates sale.
• The seller knows exactly when property will sell.
• A seller sets the terms and conditions of the sale, maintains control of the property throughout the auction, and actively participates in the sale process.
• Auction reduces the time the property is on the market.
• Eliminates high seller carrying cost – such as interest, taxes, maintenance, etc…
• Auction brings buyers to a point of decision – they must act now or lose the opportunity to purchase.
• Auction eliminates numerous and unscheduled showings. 
• Auction takes seller out the negotiating process.
• Auction is an aggressive, advance marketing program that increases potential interest in and awareness of a property.
• Seller is able to obtain liquidity.
• Seller is able to move on to other investments and free up capital.