The Auction Advantage

Why should you consider the auction marketing method?
The following are a few documented advantages commonly cited by
those in the industry:

For Sellers:

      •  Buyers come prepared to buy. Lookers are eliminated because
        bidders must prequalify themselves through a non-refundable
        deposit of 10% to 20% if they are successful bidders.

     •  The auction creates a sense of urgency and brings interested
        parties to a point of decision.

     •  Auctions create maximum exposure for the property. Auctions are a concentrated effort, so
        the exposure and efforts are more intense and visible.

     •  The seller avoids high carrying and holding costs.

     •  Auctions create and increase buyer competition for property.

     •  The seller can set a specific date, time, and location for sale of the property.

     •  Seller controls all of the sale conditions and terms.

For Buyers:

     •  Buyers know the seller is committed to sell.

     •  The buyer knows he is getting the property at a fair market price set by the public bidding.

     •  The buyer has full control of what he wants to bid to own the property.

     •  Auctions reduce the potential negotiating time for the buyer.

 

Call to schedule an appointment 937-678-5704
Email
HokeAuctioneering@aol.com
 

Admin Login