Future Auctions
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Why Auction?
1. The auction method of marketing is the best!
All world records for items sold are set at auction sales. Auctions are no longer seen as desperation sales, but are becoming the method of choice.
2. Auctions promote competition among buyers.
In the private treaty method of marketing it is illegal to tell a buyer the other buyers bid, but in an auction sale the competition is public, legal, and awesome. The issue of value is dismissed and the " I'll beat you" mentality comes into play.
3. Buyers are forced to act!
When an auction date is set, the buyers who have been thinking, making cheap offers, and waiting you out are forced to act. The auction forces them to buy or get left out.
4. Focused Attention!
Your property will cease to be one among a hundred on a sheet of ads and become the main attraction in an auction on its own.
5. New Buyers Attracted!
The focused advertising attracts prospects who knew nothing of it before to your property. They are drawn out of the market pool away from all other listings and make your property the center of attention.
6. Auction buyers = Capable Buyers!
Those who attend auction sales come prepared to buy. They are not your window shoppers and tire kickers. They are ready, willing, and able to buy.
7. Super terms offered at auction!
Those who attend can purchase the property without long drawn out loan inquiries. In fact, most who have 15% to 20% to pay down have great terms available to them.
8. STOP LOSING MONEY!
You are losing money while you carry the expenses
of taxes, insurance, and internet payments. Also, maintenance, repairs and loss of interest income, amounts to a lot of loss if you just let the property
sit while you wait for a buyer.
9. Emotional Buyers!
Since most real estate buyers are emotional buyers
the auction method is tailor made for such a buyer. The excitement, speed, sound, and verbal sales promotion is just the thing to move the emotional buyer.
10. THE CLOSING IS QUICK!
Usually within 30 days after the auction sale you will
have been to the closing. The auction is fast! The closing is fun and the satisfaction is awesome!