Once a seller has chosen to auction a property, a date is set 6 to 8 weeks out—no long listing periods compared with other sales methods and sellers abate holding costs that may accrue during the time a property is on the market.
Properties sold are sold in “as is, where is” condition. Potential buyers are given ample time to inspect properties prior to the auction. There is no need to worry about contingencies holding up the closing process, financial or otherwise.
Knowing precisely when a property will sell can relieve the stress that often comes with traditional forms of sales. A one hour sale eliminates the ticking clock.
With auctions, the normal 6 to12 month real estate sales process is compressed into 4 to 6 weeks. This allows us to put together a marketing campaign to save money and provide maximum impact.