"ASSET MARKETING SPECIALIST"
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PUBLIC REAL ESTATE
AUCTION
SOLD AT AUCTION,
TODAY'S MARKETING ADVANTAGE!
Most of us think that auction sales are limited to one method, not true. Real Estate by auction offers three methods, allowing you to select the method that makes the most sense for your property.
ABSOLUTE AUCTION
The property is sold regardless of the price.
Absolute auctions send a strong
signal to the bidders that the property will sell.
This method encourages more
biding which results in the property selling at
true market value.
RESERVE
The high bid for the property represents an offer
to buy, which the seller
may accept or reject. The seller controls the
ultimate outcome of the sale.
MINIMUM BID
This method combines the two methods. The auction
is absolute to the
highest bidder, subject to an advertised minimum
bid.
As seller, you, set an
acceptable minimum bid
reducing downside risk but with the psychological
advantage of the absolute auction.