Benefits to Sellers
Buyers come prepared and qualified to Buy
Quick disposal reduces long term carrying costs and expenses
Assurance that the property will be sold at true current market value
Exposes the property to a large number of qualified prospects
Accelerates the time for sale
Creates competition among buyers
Requires potential buyers to pre-qualify prior to the auction
The sellers knows when the property will sell and close
Eliminates numerous and unscheduled showings (and no-shows)
Takes the seller and emotions out of the negotiation process
Ensures an aggressive marketing program that increases interest and visibility
Eliminates contingencies from the purchase contract
Seller expenses are known and fixed prior to the auction
Auction format creates urgency and forces buyers to "act" now.
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