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Our Auctioneer: Phil Quinney - (click to play)

Auctions – a Win-Win Situation

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 through open, competitive bidding. An auction is a win-win situation for everyone involved.

Benefits to the Seller:

  • Buyers come prepared to buy 
  • Assurance that property will be sold at true market value 
  • Exposes the property to a large number of pre-qualified prospects 
  • Accelerates the sale 
  • A confidential reserve price is set so your property cannot be sold for less than you are prepared to accept 
  • Creates competition among buyers—auction price can exceed the price of a negotiated sale 
  • Requires potential buyers to pre-qualify for financing 
  • The seller knows exactly when the property will sell 
  • Ensures an aggressive marketing program that increases interest and visibility 

Benefits to the Buyer:

  • Smart investments are made as properties are usually purchased at fair market value through competitive bidding 
  • The buyer knows the seller is committed to sell 
  • In multi-property auctions the buyer sees many offerings in the same place at the same time 
  • Buyers determine the purchase price 
  • Auctions eliminate long negotiation periods 
  • Auctions reduce time to purchase property 
  • Purchasing and closing dates are known 
  • Buyers know they are competing fairly and on the same terms as all other buyers 

Our accomplished auctioneers are enthusiastic and motivated, and will do the best they can to make the auction a success. 

If you would like to know more about auctions, please contact our auctioneer: 

Phil Quinney:          027 703 1016