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Choosing the Auction method actually allows a property owner a specific timeline for selling real estate.

Seller's who list their properties, either through the traditional method, or by Auction with Perin Realty & Associates, LLC enjoy the unrivaled benefit of having their properties exposed to a world of buyers thanks to www.BillPerin.com.  Last month alone, my website experienced 14,790 visits from 18 countries and territories around the world!  Positioning your property for maximum exposure on the world stage is as simple as contacting our office at (941) 927-8108.

In today’s slowing real estate marketplace, having the option to spotlight your property and maximize visibility is a critical benefit to getting it SOLD.  By far, an Absolute Auction is the best possible method of attracting as many buyers on a single day and using a competitive bidding process to achieve the highest possible sale price.

Buyers act on your schedule by complying with the terms, conditions and sale date of the Auction. They are committed to buy on a specific date, therefore, they conduct their due diligence in advance and are prepared to bid on the day of the sale. Closings typically never exceed 30 days beyond the sale/auction date, offering you a complete timeline from the minute you agree to move forward.

Whether your property has been on the market longer than you expected, you wish to avoid a long drawn out sales and negotiation process, or are just ready to make that move that will enable you to advance forward on your schedule, Auctions are vastly becoming the sales method of choice.

Absolute Auction vs. Reserve Auction - These are the two basic approaches to selling your property at auction. In an absolute auction, the seller agrees to sell the property, regardless of the price. Conversely, prior to a reserve auction, the seller reserves the right to accept or reject the bid. These two options provide flexibility for both buyers and sellers and create differing environments. Because absolute auctions generate an atmosphere of lively competition, it has been our experience that they produce larger crowds and create more active bidding, producing higher yields for the seller. If potential buyers are convinced that they will be the high bidders at auction, they will come to the auction having done their homework. A more educated buyer is always an advantage to the seller.

Auction vs. Traditional Real Estate Transactions - The auction is a form of competition with inherent dynamics that cannot be duplicated by private real estate marketing. During the auction process, each bid reinforces the market value of the property which encourages continued bidding. In a traditional real estate sale, the buyer negotiates the seller down. In an auction, the buyer can win only if he outbids all other bidders. Additionally, a professionally-conducted auction eliminates potentially lengthy and costly sellout periods. It has often been demonstrated that a property that couldn't sell at any price was sold for top dollar in minutes at auction. This happens for two reasons: (1) the proceedings at an auction are led by seasoned professionals, and (2) the property is effectively promoted and targeted to a multitude of interested buyers.

Please call or e-mail us today for a FREE, no obligation auction consultation.

(941) 927-8108

Bill@PerinRealty.com