Why Conduct a Real Estate Auction rather than a Traditional Listing?

1. Sellers pick the date their property will sell.

2. No prolonged marketing or showing period.

3. Eliminate holding costs to the seller.

4. Real Estate Auctions establish market price when there are few comparables to choose from.

Real Estate listed in the traditional manner may have an unrealistic asking price. In those cases, many properties will become “stagnant” or “dead” properties. With our accelerated marketing campaign, more buyers know about the property in a shorter period of time.

Will my clients realize market value for their property?

Because Real Estate Auctions have no asking price, it is not uncommon to see properties selling higher than presale expectations. When conducting a Real Estate Auction, true market value of a property is established. There is no ceiling on how high the bidding can go and a price is never negotiated down.

How should I go about telling my client about taking their property to Auction?

We always advise the agent to come to A. Smith Auction & Realty. As licensed, accredited Real Estate Auctioneers, our Auction specialists will be better able to inform clients concerning Real Estate Auctions than the traditional agent.

If my client decides upon a Real Estate Auction, how will that benefit me?

We are happy to provide Real Estate Broker/Agents a 25% referral fee upon sale and close of referred property.