Many benefits come from selling at an auction. One of the biggest advantage is quick results. The seller knows exactly when the property is sold and closing is usually in 30 days. Quick disposal reduces long-term carrying costs, including taxes & maintenance. Property will always be sold at true market value, but with bidding, auction price can exceed the price of a negotiated sale. Property is sold in “As-Is” condition, Seller sets Terms & Conditions of Sale. In general, auctions
ensures an aggressive marketing program that increases interest and visibility and exposes the property to a large number of pre-qualified prospects.