"A real estate auction is an innovative and effective method of selling real estate. It is an intense, accelerated real estate marketing process that involves the public sale of any property—including those that are nondistressed—through open, competitive bidding."

National Association of Realtors^®

According to the experts at the National Association of Realtors®, real estate auctions are an innovative and effective marketing tool which can be profitable to sellers, buyers and REALTORS®. Under the right circumstances, an auction can be the most effective way to accelerate property sales and establish a property's true market value.

• Creates competition among buyers; auction price can exceed the price of a negotiated sale.
• Quick disposal of property reduces long-term carrying costs, including taxes and maintenance.
• Exposes the property to a large number of pre-qualified prospects.
• The seller knows exactly when the property will sell.
• Eliminates numerous and unscheduled showings.

• Buyers know they are competing fairly and on the same terms as all other buyers.
• Long negotiation periods are eliminated.
• Buyers receive a comprehensive information packet on the property.

As a REALTOR®, you owe it to yourself to learn more about this exciting, profitable alternative to traditional marketing methods. For more information about becoming a cooperating agent/broker, contact us today.