The Top Ten Reasons to Sell Your Home, Land or Business
Using the New Online Auction
Method
The Covid 19 Pandemic has forever changed how we sell homes, land and businesses at Auction. The traditional auction chant is no longer heard at most auctions and has been replaced by technology that allows buyers to confidently bid and win auctions from anywhere in the world. The online auction is the now a very popular way to sell real estate. Here is why.
- Attract
more Buyers
- An
online auction showcases your property to a larger, targeted online
marketplace, providing maximum visibility.
- The
online auction still uses the Multiple Listing Service (MLS), plus
markets the property on local, regional and national/international online
auction sites for a huge potential bidding audience.
- Fast
and Efficient
- Traditional
selling processes depend on buyers to show interest, to view your
property, and to make an offer.
- We
control the home showing process using an Open House - auction style, which
eliminates the hassle of showings. Showing appointments are optional.
- Bidders
are approved online prior to bidding, assuring they have the ability to
pay the winning bid.
- True
Market Value
- With
an online auction, the fair market value of a property is established by
the bidders and can increase with competitive bidding.
- Competitive bidding is a key ingredient of an auction’s success and it still takes place
with online bidding.
- Transparent
Bidding.
- With
an online auction, the seller and buyer (bidder) both know where the
price is.
- Price negotiations and multiple offers are eliminated.
- Not
Final
- The
property is sold with a “Reserve Price” that sets the minimum acceptable bid.
- If
the Reserve Price is not met, a seller is not obligated to accept a lower
price for the property.
- No
“Buyer Conditions”
- With
an online auction, all terms and conditions are determined in advance by
the Seller and given to the bidders prior to the sale.
- Auctioned
properties are always sold, “as-is”, without Due Diligence inspections,
financing, or other contingencies.
- Represent
Only the SELLER
- Auctioneering
laws do not permit Dual Agency (the Broker represents both the buyer and
seller).
- There
is no potential for a conflict of interest.
- No
Commission Paid by the Seller
- With
an auction there are no commissions for the Seller to pay as the buyer is
charged a “Buyer’s Premium.” over and above the final sale price of the
property.
- Seller
may be responsible for other cost associated with the auction, such as
marketing costs that are contracted for on behalf of the Sellers.
- Best
of Both Worlds.
- The
auction is online, yet the local team is “hands-on,” giving the Seller “The
Best of Both Worlds” -old and new.
- The
local Auctioneer who is also a Realtor, and who knows the local market, assuring
the property owner of peace of mind.
- Sell
Personal Property.
- This
is especially helpful when the Seller needs to downsize, as may be the
case in an estate.
- Other
personal property such as vehicles, boats, tools, almost anything can be
listed for auction online along with the home.
Why Auction with United Country Real Estate | Broker Associates?
We are a company with a proven auction experience for over 95 years.
We have proprietary national advertising tools which reach over 90 million homes per WEEK and generates cost effective lead flow for marketing your property.
We have dominant web sites for promoting property. The performance of the sites are unmatched in the market with over 1,500,000 visitors per month.
We care and want to help our clients get the most money out of the sale of their property with the least amount hassle.
To discuss selling your home using The New Online Auction Method, please call or text me at 336-391-8094. My email is Jeff@broker-associates.com. My personal web page is: jeffbrownproperties.com/
Jeff Brown, Realtor & Auctioneer
NCAL #10394