Mission Statement
To provide proven and successful accelerated marketing services to our clients who desire to maximize the return on their real estate investments and complete the process in the most efficient and condensed time period.
National & International Reach
Sperry Van Ness is the only National & International Commercial/Investment Brokerage Firm with a dedicated team of veteran auction executives able to service the needs of nearly 1000 advisors and their clients in 160 cities. The Sperry Van Ness Accelerated Marketing Team members have planned orchestrated and conducted successful auctions and sealed bid initiatives throughout the United States, Mexico, Puerto Rico and the Virgin Islands. Our team has over 100 years of combined experience working for major corporate clients, financial institutions, government agencies, bankruptcy courts, receivers, trustees, developers and investors. We understand that each portfolio or individual property demands creative thinking, strategic actions, and comprehensive analysis to achieve the best results available in the market. Our goal is to create maximum competition, which equals maximum value for our clients. Accelerated Marketing means action, and Auction means excitement! Sperry Van Ness and the Accelerated Marketing Team are built for better results. Be advised - there is a difference!
One of the most compelling aspects of the Sperry Van Ness platform is the effective use of the auction process to spotlight an asset or portfolio for sale. Through the auction process, it is the seller who determines the terms of the transaction. The auction process momentarily removes the paradigm of pricing by encouraging vast market penetration. This creates maximum competition for maximum value under the terms of the offering and creates the best forum to understand a property's true market value.
Formats that are used by Sperry Van Ness Accelerated Marketing Co. Inc. include open out-cry auction, sealed bid, sealed bid/auction. Information about each format is below:
Open Out-Cry Auction: This is by far the most traditional and recognized method of the auction process. The seller defines the terms. Pre-sale marketing and due diligence are conducted beforehand and the auction event takes place during a predetermined date, time and location. Bidders are pre-qualified with certified funds to bid and the event is open and conducted live in a competitive environment. Live Online-Internet Bidding is often a value added component.
Sealed Bid: While this is similar to the Open Out-Cry Auction, offers are submitted in a Sealed Bid format to a certain location on a predetermined day, date and time. Offers are then opened in a closed-door environment and reviewed by the seller and our team as to the price and conformity with the terms of the offering predefined by the seller. This format insures more control over the transaction and is usually best suited for hard to value assets. In this case, the seller has the flexibility to request "best and final" offers from qualified buyers in the competitive range of pricing.
Sealed Bid / Auction: In this hybrid method of Open Out-Cry and Sealed Bid, terms are established that allow for the sealed-bid process to precede the Open Out-Cry event with up to the five highest bidders invited to participate in the Open Out-Cry auction. The highest sealed bid offer received determines the minimum opening bid for the Open Out-Cry auction. This format provides control and flexibility over the transaction and forces interested prospects to make a strong initial offer in order to be eligible to participate in the second phase.
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