SELL YOUR PROPERTY QUICKER: |
Top dollar in 30 days when considering time value of money. Buyers come together for one big competitive showdown. |
HIGH HOLDING COST AVOIDED: |
15%-20% per year, with 8% or more loss every month from non-performing loans. Thousands of dollars paid in taxes, insurance and maintenance. Liability is an important factor. The sooner the property sells the greater the bottom line dollar.
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VALUE CAN BE
DEMONSTRATED: |
Traditional sales set the price and bargain down. The auction process demonstrates the value and then "bargains up". |
AUCTIONS DRAW ATTENTION: |
You create a market for your property. Exposure is enormous compared to conventional efforts. Many times more people are exposed to the property during the "Auction Promotion". It is concentrated and intense and can be compared to shooting off fireworks vs. turning on a light bulb. |
AUCTIONS FREEZE THE MARKET: |
It is almost impossible for properties being conventionally marketed to compete with one being auctioned. |
URGENCY TO BUY IS CREATED : |
Buy this property now or it won't be available later. When the ads start and the signs and banners go up, people know the property is going to be sold on Auction Day. |