Benefits to Buyers
Smart investments are made as properties are purchased at fair market value
Bidders watch value develop, one bid at a time
The buyers know the seller is committed to sell
In multi-property auctions the buyer can see many offerings at one time
Buyers determine the purchase price
Buyers eliminate long emotional negotiation periods
Auctions reduce time to purchase property
Purchase and closing dates are known
Each bidder knows that they are competing fairly and on the same terms as other buyers
Buyers receive comprehensive information on property via due diligence packet
No delays in submitting offers and getting response from seller
Buyers can obtain financing commitments in advance of purchase
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