10 Smart Reasons to sell your Home using the competitive auction process:
1. Seller-Friendly: You set the terms and conditions - you are in control of the process!
2. Competition brings a sales contract at fair market value. When buyers compete, you win!
3. No contingencies in the contract for financing, inspections or repairs.
4. 30 day closing: You decide timing of the closing to suit your needs.
5. Controlled showings - This method brings all interested buyers together at the same time for property showings.
6. No repairs or staging is necessary.
7. Property is sold "as is, where is" and buyers do all of their due diligence up front, get their financing in order and inspect the property BEFORE the auction starts. No haggling about repairs after the auction.
8. 10% NONREFUNDABLE deposit is collected from the buyer and contract is signed immediately after auction.
9. You can accept OR reject the auction results. Your only risk is the upfront marketing expenses which are typically about 1%-2% of the property's value. For some seller's that's about as much as one or two months of holding costs. You spend some money in order to SAVE money with a quick sale at top market value.
10. Your auction fee is completely reimbursed BY THE BUYER through what is called a Buyer's Premium. We pay the commissions to cooperating realtors.
BONUS: Plus, your home is never taken off the market; preauction offers are possible.
AuctionFirst specializes in real estate auctions and can assist sellers and real estate professional nationwide.
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