Auctions are fun, easy and for the most part self-explanatory. Because some people have never been to an auction they may be skeptical. Here are a few reasons an auction should be used as opposed to a private sale.

  • The contract is final.
  • It sells at the time desired.
  • It is the quickest way to market property.
  • It eliminates carrying costs such as:
    • Mortgage payments
    • Utilities
    • Vandalism
    • Upkeep and maintenance
  • It determines the market price. An appraisal is only an opinion.
  • Causes people to react now!
  • Buyers like to buy at an auction because they determine the value.
  • People get prepared to buy on a certain date. 
  • The judgment of public controls price. People use other people’s judgment.
  • It creates an atmosphere of urgency, favorable to action.
  • It brings buyers to the moment of decision.
  • The price is raised with each bid.
  • It gives all interested buyers an equal chance.
  • Auctions are no longer just for liquidation.
  • Auctions are gaining a good reputation and popularity.
  • Auctions are quickly becoming the most effective method of marketing.
  • Auctions bring new people to the market place where they become buyers.

So why not have an auction?

To book your auction call and ask for an Auction Marketing Specialist to assist you.