Real Estate
Whether selling personal property or real estate, there are two types of auctions, Absolute & Reserve auctions. All auctions are auctions with reserve unless stated as absolute.
ABSOLUTE AUCTION means the seller will sell their property to the highest bidder regardless of price. This is only used in rare occasions, most real estate at auction is sold with reserve.
RESERVE AUCTION means once the highest price has been established the seller will confirm or reject the bid. Think of this as a standard listing price, where an offer comes in and you get to decide yes or no.
We believe in the marketing advantage and the power of an auction whether it is live or online. We see quick and proven results through the auction method of marketing. Since 2001, we have sold over 95% of all real estate that we have put before the public through auction. In most cases the real estate auction can take place within 6 to 8 weeks of signing the contract, although if necessary, an abbreviated marketing period can be utilized. The closing will typically occur within 30 to 45 days of the signed agreement of sale. To serve all your real estate needs, we are also licensed realtors, which means that we have the ability to present any offers to you that may come in advance of the auction.
Do you have real estate to sell?
We believe in the marketing advantage and the proven power of competitive bidding in the auction method of selling to see timely and effective results. An auction process always “negotiates up, not down”.
Let us know what type of property you have, and we'll be glad to provide a free consultation to see if the auction method is a good fit for you and your real estate: