In many situations, an auction can accelerate the sale of your property by utilizing a time definite sale date with an aggressive accelerated marketing campaign. 

Is your property valued over $750,000?  An Auction Consultant can help you determine if an auction will benefit you?  Click here for FREE consultation

A typical auction campaign runs 90 days or less and closes within 30-45 days.  Auctions are often referred to as accelerated marketing programs.  One of the main benefits of an auction program is the reduced holding costs of a quick sale.  A quick sale and closing also requires a quick move out by the seller. Be prepared for moving day by utilizing one of the internets free moving estimate services.

Yes, talk to your broker about utilizing an auction to sell your property.    A motivated broker can be very helpful with the auction campaign.  Remember, your Broker doesn't earn a commission until he sells your property. If your listing is nearing its end, your Broker should be exploring methods to accelerate the sale and earn that commission.

The value and location of your property will be the among the largest determining factors in choosing an auction method and company.  With auction companies coming in all shapes and sizes, from the Trophy Auctioneer specializing in the Luxury Market to the Local Auction Company that does it all, hiring an auction specialist can be a daunting task.  A professional auction consultant can assist you in choosing the auction method that fits your needs at little or no cost to you. 

Need help finding an  Auction Company?  Click here for FREE consultation

The property is usually sold as-is, where-is, with all faults and NO contingencies in the contract.  The closing date is typically within 30 days after the auction with 10% required as a deposit on auction day.  Due to the intricacies involved in real estate laws, all Sellers are encouraged to consult a qualified real estate attorney to assist them in the preparation of their terms and conditions of sale and contract documents. 

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It is recommended that you hold "Open House" leading up to auction date.  A prospective buyer should have ample opportunity to view and/or inspect the property prior to auction.

When selling any real estate, improving the eye-appeal and condition of your property prior to the auction can be to your advantage, depending on costs.  Remember, if your are selling your property "As-Is", you will still be providing sellers disclosures of the property condition. 

If your property is worth over $500,000, a good Auction Consultant can save you money.  An Auction Consultant can assist you with the procedures necessary for conducting a successful auction, i.e., evaluating your property within the market, setting the reserve (if applicable), design and distribution of property brochures, web-site design and promotion, mail-outs to targeted buyers, print advertising in newspapers, trade magazines and public relations.   The value of your property will determine the auction method and applicable promotions for the sale of your property.   All this for a very reasonable cost.

Need an Auction Consultant?  Click here for FREE consultation

Yes; however, it is highly recommended that you consult with a professional.

Need advice on conducting an Internet Auction?  Click here

A broker or appraiser can best determine the realistic value of a property.  

Choose a reliable mortgage broker and have them pre-qualify you for a mortgage prior to auction. 

Our Home Affordability Calculator will help you determine your price range before you look for a home.

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