Going once, going twice, sold to the highest bidder!!!
Heard that before!
I had the pleasure of attending a fabulous Luxury Real Estate Auction hosted by Supreme Auctions! They were the first Luxury Auction Firm in 2007 & now I am building an alliance with them & getting certified.
Here is the scope simplified:
What is a Real Estate Auction?
• A real estate auction is an innovative and effective method of selling real estate.
• It is an intense, accelerated marketing process that involves the sale of a property – including those that are non-distressed, through open cry, competitive bidding, and online platforms.
5 top benefits to a seller:Â
• Auctions create a sense of urgency
• Maximize the property’s true market value. No limit on potential
• Property sold AS-IS with conditions of sale set in advance eliminating negotiations
• Time Driven Results – sellers are pre-qualified
• Superior national & international advertising exclusively featuring the property
Why do buyers find it attractive to purchase properties via Luxury RE Auctions?
• Buyers want to purchase at fair market value
• Buyers know sellers are motivated to sell
• Buyers have the ability to purchase before the Auction – why?
i. Fear of paying too much
ii. Fear of being outbid
iii. Fear of being in a room bidding against each other
Do you qualify as a buyer or seller? Well, let’s find out.
Written by:
Tanya V Fernandes
Owner | Broker
tanya@fhkeystone.ca