We Have a Plan for Real Estate via Auction
Selling real estate has traditionally been a time consuming process for both the seller and buyer. Negotiating over price, terms and contingencies is a lengthy and often very frustrating process. Auction helps to simplify the process by allowing the marketplace to determine the sales price through competitive bidding and by offering the property with predetermined non-negotiable terms that have no contingencies.
Why Sell Your Home via Auction?
- The seller receives 100% of sales price.
- The buyers come prepared to buy.
- The seller knows exactly when the property will sell. Known settlement date which can close within 30-45 day after the auction.
- Seller knows that property will be sold at true market value.
- All potential buyers at one location at the same time.
- Accelerates the sale of your property.
- Seller establishes terms and conditions of the sale and eliminates long-term carrying costs, including taxes and maintenance.
- Property is sold without mortgage or home contingencies.
- Creates competition among potential buyers.
- The price a property brings at auction can exceed the price of a negotiated sale price.
- Eliminates numerous and unscheduled showings.
- Alderfer Auction will market your property to thousands of potential buyers.
- Ensures an aggressive marketing campaign that increases interest and availability.
- Convert property to cash quickly.
- Maximizes competitive bidding especially in the current "Buyer's Market.
What is the Best Plan?
We will help you determine the best option for your type of property.
Absolute Auction
A property will absolutely sell to the highest bidder regardless of the price.
Auction with Reserve
The property is being offered subject to the seller accepting or rejecting the high bid.
Minimum Opening Bid Auction
In this type of auction a minimum selling price is established prior to the auction that is acceptable by the seller.
Sealed Bid Auction
Is a type of auction where potential buyers submit the highest price they are willing to bid to the auctioneer by a specific deadline. No bidder knows how much the other auction participants are bidding. The highest bidder is usally declared the winner of the bidding process.
It's a Win-Win for the Seller and Buyer!