Sellers Benefits of a Real Estate Auction:
-Real Estate Auctions offer the seller another option.
-Auctions create competition among buyers. Consequently, the Auction price can exceed the price of a negotiated sale.
-An Auction generates excitement and heightens buyer interest.
-An Auction creates the most exposure in the shortest period of time and accelerates sales.
-Requires that potential buyers be registered and qualified with certified funds on the day of the Auction.
-Eliminates high seller carrying costs -- such as interest, taxes, and maintenance.
-Auction brings interested buyers to a point of decision -- they must act now or lose an opportunity to purchase the property.
-Auction is a true market forum.
-A seller can plan and select the date they want to sell. They control the sales process.
-A seller sets the terms and conditions of the sale while maintaining control of the property throughout the Auction.
-Auction eliminates numerous and unscheduled showings.
-Auction takes the seller out of the negotiation process.
-Auction is an aggressive, advanced marketing program that increases potential interest in and awareness of a property.
-A seller is able to obtain liquidity, free up capital and move on to other investments or property decisions.
Buyers Benefits of a Real Estate Auction:
-Smart investments are made because properties are purchased at fair market value.
-The Buyer knows the seller is committed to selling the property.
-The Buyer determines the purchase price through competitive bidding.
-Auctions eliminate the long negotiation process.
-The purchasing and closing dates are known.
-The Buyer knows he is negotiating fairly and on the same terms as all other buyers while they openly compete with one another.
WHY HAVE A REAL ESTATE ON-LINE AUCTION ???
PROBLEM-
- Has your house or property been on the market for a long time ?
- Just not getting any calls or showings ?
- Local buyers can't get the financing ?
- You need to sell quickly ?
WE CAN HELP-
-We can list your house or property on our Nationwide ON LINE AUCTION ...
-We have over 700,000 registered bidders Nationwide through Proxibid.com
-We provide additional information and unlimited pictures of your listing, on our website.
-We also place ads and links on several nationally known websites. (Approximately 20)
-We are not guaranteeing that the property will sell or even get bids,
-We are guaranteeing that it will get tremendous nationwide exposure.
(we have had bidders from Canada, FL, OK, TX, AZ, CA, NV and all the surrounding states)
-We stay in contact with you (the seller) on a weekly basis with updates on # of views, registered bidders, actual bids, or just call in prospects wanting more information.
-We monitor the activity daily
-We contact each registered bidder and approve them to bid, and explain the process.
-We send out to all bidders, the terms and conditions and property information packets
-We install key search words for the major search engines
-We send out a mass email to over 2000 other agents located throughout East Tennessee
-We are set up to receive wire transfers for bidder deposits
-We require a bank letter of credit, guaranteeing funds to purchase
-We usually start auctions on Wed. and end on Wed. so that the banks will be open for transfers and letters of credit
-During the last few days and especially the last few hours of the Auction, we contact all bidders to inform them of the current bid and attempt to get a higher bid from them.
-The Seller will set the reserve price
-Total Auction & Realty will set a starting bid amount
-Buyer's Agents are welcome
Office: 865-637-8777 Fax: 865-560-9400 Email: TotalAuctionandRealty@yahoo.com Website: www.TARknoxville.com
TN LIC # F-5161 G-5160 P.O. Box 34091 Knoxville, TN 37930
