Real Estate

OUR ADVANTAGE:

Best commission rates in the industry – ask about our 0% seller commission!

We will provide you with immediate cash and no long-term carrying costs like – taxes, interest, insurance, maintenance, etc.

All real estate is sold "AS-IS" / “WHERE-IS” with "NO CONTINGENCIES."

We will aggressively market your real estate auction on a local, national, and regional basis.

We do not set a ceiling on the selling price.

ABSOLUTE AUCTION

Your real property will be sold to the highest bidder, regardless of price."

Under this scenario, a motivated seller relies upon an open and competitive bidding process in order to attain "true market value" for their real property – thereby avoiding all risk of arbitrarily setting a selling price either too high or too low.

Because a sale is guaranteed to take place, this advertised no minimum bid selling price fact tends to generate more buyer interest and participation.

Buyers tend to travel greater distances to attend an absolute auction because they believe they are not wasting their time.

Estate Auction Pros pays for all advertising under this scenario.

MINIMUM BID AUCTION

The auctioneer will accept bids for real property at or above a predetermined, advertised minimum bid selling price.

Under this scenario, a seller reduces their selling risk by establishing a predetermined minimum bid selling price and yet maintains the upside potential for selling their real property for more than this amount.

While this may seem ideal, the seller must consider they may be limiting buyer interest to only those bidders willing to pay the minimum bid price.

Likewise, a predetermined minimum bid selling price will establish some form of anticipated value in the minds of the bidders.

Hence, the predetermined minimum bid selling price should be low enough to act as an inducement rather than a hindrance.

RESERVE AUCTION -
All bids received by the auctioneer represent an offer to buy and may be accepted or rejected by the seller – until the predetermined,mutually agreed upon, minimum bid selling price has been reached or exceeded.

Though the seller maintains the advantage of attracting bidders willing to purchase at all price levels, the main disadvantage of using an unannounced minimum bid selling price reserve auction is that prospective buyers usually will not invest the time and expense of due diligence when there is no certainty they will be able to buy the property even if they are the high bidder.

Regardless of which option you choose, you can count on us to get your real property sold in an effective and efficient manner.