• Days on market are approximately half compared to other methods of sale such as private treaty or by negotiation
• Auctions expose the property to many interested people and generates a list of ready qualified buyers
• You can develop your own market niche
• You have the assurance that the property will be sold at true market value
• Property is sold within a relatively short period of time. consequently, Agents can show their clients a guaranteed day of sale and a quick closing
• Auction can bring people in to look at your other listings, not just the auction listing
• Successful auction results in referrals and return business.
• Auctions are simply NOW events, NOT fire sales or distress sales, and generate excitement and interest in the property
• There is nothing like an Auction Event to bring exposure to the property.
• Auctions create a sense of urgency to buyers

  Auction is the purest form of marketing

You just have to be the highest bidder.

Auctioneers sell to the highest bidder. 100% working for the vendor .

Real estate auctions offer the seller 3 stages for a sale:

• before auction
• at auction
• after auction

Auctions create competition among buyers. Consequently, the auction price can exceed the price of a negotiated sale.

• Generate excitement and heightens buyer interest.
• Create the most exposure in the shortest period of time and accelerates sales.
• Require potential buyers be registered and qualified with certified funds on the day of the auction.
• Eliminate high seller carrying costs — such as interest, excessive advertising, and maintenance.
• Bring interested buyers to a point of decision — they must act now or lose an opportunity to purchase the property.
• Allow the seller to plan and select the date they want to sell. They control the sales process.
• Allow the seller to set the terms and conditions of sale.
• Eliminate numerous and unscheduled showings.

An Auction is an aggressive, advanced marketing program that increases potential interest in and awareness of a property.

Days on market are approximately half compared to other methods of sale such as private treaty or by negotiations
Real buyers want to deal with real sellers

Auction is the purest form of marketing

Records are broken in competition , Auction is the power of competition.

The first recorded historical data,comes from the writings of the Greek Historian Herodotus ,tells us that the first auctions were documented about 500BC when he wrote of his visits to the fabled city of Babylon and witnessed an auction.

In selling property two major ingredients are involved, price and profile. I have yet to meet anyone who can accurately predict the eventual selling price and it is extremely hard to sell a secret.

Auction is the purest form of marketing .

Agents who sell a property at the asking price or at the first inspection are, in my opinion , doing their vendors a disservice, hence a good buy for the buyer. To me, that doesn’t make sense when the vendor is paying the commission. A well run auction campaign will achieve a premium price through competition.