AUCTION PREPARATION

Our firm offers a turnkey service that includes all the same brokerage services as a private negotiated method – packaging, promoting, showing, helping through the entire transaction process and conducting the auction from sale to closing. We charge for expenses, time, plus a commission which is comparable to rates charged for privately negotiated sales methods. 

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EVALUATING THE PROPERTY

Just as a private brokerage company evaluates the property it lists for sale, so does our real estate auction company. All the physical and financial information about the property is reviewed and the property is inspected personally, as well as any outside inspections or consultants. 

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When completed, an auction report will be presented. In this report, we will indicate whether the property is marketable at auction. If so, we outline the marketing strategy, type of auction to be used, how the property will be shown to the prospective buyers, and the post auction follow-up that will be required. 

 

SHOWING THE PROPERTY

Members of our real estate auction company are skilled real estate experts in showing property at its best. Particularly important is the auction company's ability to anticipate questions the buyers will have regarding the real estate being auctioned. Information that must be available for any real estate auction is anything pertaining to the property being sold, including operating statements, rent roll information, copies of leases and any other supporting documentation. For industrial property information must include building plans, interior layouts, and loading capabilities. Regarding farm sales, important information needed would consist of future land development, surveys, soil samples, and crop rent information.