JAMES R. CASH AUCTIONS & REAL ESTATE
THE AUCTIONEERS & REAL ESTATE BROKERS
FANCY FARM, KY • MURFREESBORO, TN

Auction Process


HOW JAMES R. CASH AUCTIONS WORK
AUCTION STYLE


SELLER BENEFITS AT AUCTION

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.

BUYER BENEFITS AT AUCTION

With an auction, buyers are always guaranteed a clear title and determine the purchase price. Smart investments can be made as properties are usually purchased at fair market value. This lets buyers compete fairly and are all on the same terms as other buyers. Overall, an auction eliminates long negotiation periods and lets the buyer know of purchasing and closing dates.

AUCTION MARKETING

Throughout the Southeast we bring buyers and sellers together.
We know what works and where buyers obtain their information.
We know how to target market your assets to bidders and buyers who want to buy them. We use extensive internet marketing, specifically targeting buyers via Google Analytics, Facebook and other social media outlets. We also utilize radio, TV and newspapers to get the word out there. Our database is filled with thousands of buyers and sellers. Overall, our marketing techniques insures that all properties reach their fullest and greatest potential. 

OPPORTUNITIES FOR SUCCESSFUL AUCTIONS

Here are some of the opportunities for successful auctions:
  • Estate Settlements
  • Residential / Commercial Real Estate
  • Divorce Settlements
  • Business Liquidations
  • Investment Property or Vacant Property
  • Property that Is Unique or difficult to appraise
  • Farmland or Farm Machinery

COSTS & EXPENSES TO AUCTION

Prior to signing a contact, we will go over in detail all marketing and expenses associated with an auction and determine what is right for you. Our fee is typically is commission based, and paid by the seller based off a percentage of the sales price.
In some cases, commission can be paid by the buyer. This is known as a “Buyers Premium”, or a flat rate fee can be negotiated.
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