Auctions
It is yet another service that we offer buyers and sellers which is unique.
Many people are confused by the auction process and assume that auctioning is just for distressed properties. While in some cases that may be true, quite often it is not. If you would like to learn more about the auction process or are interested in purchasing or selling a property via auction, please give us a call.
We will guide you through the process to find the “Just Right” venue to meet your needs. Depending upon the properties unique characteristics, we will direct you to the best venue to market the property. Often times we combine multiple listing with the auction to yield incredible results. We can auction a property WORLD WIDE, so if you have a vacant piece of land, a hotel, a co-op, condo, single or multiple family house we can sell it anywhere in the world!
Also, ask us about selling your personal property (coins, jewelry, stamps, coins collectibles-or other items) and vehicles (cars, trucks, boats, jet skis etc) via auction methods.
Goldilocks offers our clients a full complement of services.
Call us today to schedule a consultation.
An auction is a highly effective and innovative method of selling a variety of assets including real estate, personal property and intellectual property. Auctions facilitate the rapid sale of assets while obtaining market value through the benefit of an accelerated marketing plan and generation of a competitive bidding atmosphere.
BENEFITS Of AUCTIONS
Benefits to the Seller
- Buyers come prepared to buy
- Quick sale reduces long-term carrying costs, including taxes & maintenance
- Assurance that property will be sold at true market value
- Exposes the property to a large number of pre-qualified prospects
- Accelerates the sale
- Creates competition among buyers – unlimited price ceiling
- Requires potential buyers to pre-qualify for financing
- The seller knows exactly when the property will sell
- Eliminates numerous and unscheduled showings
- Takes the seller out of the negotiation process
- 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 vale
- 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 period
- 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
- Buyers receive comprehensive information on property via a due diligence packet
Benefits to the Broker
- Offers clients and customers new selling and purchasing options
- Increases revenue and market share
- Develops your own market niche
- Assurance that property will be sold at true market value
- Property is sold within a relatively short period of time
- Exposes the property to many potential purchasers
- Auctions bring people in to look at all your listings, not just the auction listing
- Successful auctions result in referrals and return business
- Professionals can earn commissions as the referring agent/broker, the listing agent/broker, or as the buying agent/broker