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Absolute Auction is an Auction Without Reserve

By
Services for Real Estate Pros with James R. Cash II Auctions & Real Estate TN RE Broker 310998

If you are looking into having an auction you have no doubt heard the term absolute auction.

I have written many blog posts on the differences between an absolute and reserve auction.

 

 

May 31st, 2014, Shelbyville, Tennessee

 James R. Cash II Auctions will be conducting an ABSOLUTE REAL ESTATE AUCTION.

 

These are the factors we used to determine why this property would sell absolute. 

• This is a property that is in very high demand. It will generate lots of interests, and many potential buyers.  At auction all potential buyers must bid against each other in order to determine who will give the most for the property.

 

• This property could lend itself to many possible uses.  It could be used to relocate one business, or used as an income producing property and house many businesses.

 

•Shelbyville, TN has potential for lots of growth.  This is on the main thoroughfare in Bedford County, and the road is going to be widened in the near future.

 

•The Sellers don't want to wait for months to find the highest and best offer.  By having an auction, the sellers are in control of the sales process. They have set the time, date and terms for the absolute auction.

• Since a sale is guaranteed, buyer excitement and participation are heightened.

 • Selling Absolute generates maximum response from the market place. Prospective buyers know the property is going to be sold.

 

Visit My Website www.jamesrcash.net for all upcoming auctions!

May 31st, 2014, Shelbyville, Tennessee

 James R. Cash II Auctions will be conducting an ABSOLUTE REAL ESTATE AUCTION.

 

Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Hi Jay, Thank your for bringing our attention to the absolute auction option when put something up for sale. Bidding frenzies that generate a lot of interest and gets the highest bid are a great way to sell. Best wishes on getting that highest bid and the one you want on this one.

May 14, 2014 12:37 AM