Reasons Why Selling at Auction May be Right for You!
- The auction method is designed to allow the price of your property to go UP, not down.
- Using an accelerated and directed marketing campaign, an auction allows focused attention for your property only. Buyers are there on that day to buy your real estate.
- Property sold at auction is “AS IS, WHERE IS.” Certain properties are best sold through the auction method.
- With certain real estate, it is difficult to assess value, due to lack of comps, unique property, etc. An auction determines actual market value on the day of sale.
- Some clients simply want to sell their property quickly. Sometimes a seller’s time is most important to them.
- When real estate is listed using the usual MLS process, all properties are competing for one buyer. With an auction, several buyers are competing for one property – yours.
- With an auction, there can be a complete liquidation of all property, real and personal, all at once.
- Premier Auctions, LLC, sometimes uses VeriProve to pre-certify the property. This process, paid for by the seller, allows for more buyer confidence. The Veriprove pre-certification typically includes:
- Preliminary Title Search and Exam
- Property Condition Inspection
- Mortgage Loan or Boundary Survey
- Termite Inspection Report
- Seller’s Home Protection Plan (Home Warranty)
- VeriProve reports are available before the auction on our website, and are available for review the day of the auction.
- Our auctions typically close within 30 days.
These are just a few of the many reasons why you might want to sell your real estate at auction!