Why Sell Your Home By Auction??
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Contract is final.
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Get your money much quicker.
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Presents you with a non-refundable deposit the day of the sale.
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It motivates the seller.
-Broker cannot tell seller when their house will sell. The auctioneer can.
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At auction you can break it into smaller tracts.
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Competitive bidding as opposed to one offer.
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No ceiling, offer may be over listing price.
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The following examples create competitive bidding:
-Grandpa wants grandson next door.
-Investor wants for resale.
-Several others just want to buy.
- Auctions spotlight your property. There are thousands of regular listings.
- Quicker.
- Definite that on a given date you are going to sell your home.
- Eliminates carrying costs much faster.
-Lingering mortgage payments.
-Utilities.
-Vandalism.
-Upkeep.
- Determines market price, no matter what appraisal says.
- Causes people to react now!
- Buyers like buying at auction, they can tell you what its worth.
- Two types of Auctions:
1) Absolute.
2) Subject to owner confirmation.
- People will go to an Auction Open House because they know it is going to sell at a certain date.
- Proven way to sell property-growing nation wide.
- Auctions are no longer just for liquidation or fire sales.
- Auctions are gaining a very good reputation.
- Rather than having 1-5 people trying to sell to, have 60-70 at an auction.
- Auctions open up new people in the market place, lookers become buyers.

