Auctions are something that we offer our clients and we have since the beginning of Craig and Wheeler. Since 1973 one of the options we’ve given our clients was the auction method to sell their real estate and personal property too if they wanted. Auctions are such a regional thing, in some parts of the US they don’t even have auctions and over time it’s becoming more and more accepted as a fantastic way to sell property at a very fast pace, easy transaction and market or above market values. In the spring we typically start booking auctions every weekend and it’s does not typically slow down until late fall.
Auctions are normally 20% down the day of the sale and closing will occur within 30 days of the sale.. Inspections are allowed prior to the sale however we sell them all AS-IS. We do auctions for many different situations and not all properties are auction ready.. We help families settle estates, liquidations, foreclosures for banks, divorce situations and just when someone has tried selling with general brokerage and is ready to put it on the block. More times than not, we’ve seen properties bring more at a public absolute auction than it ever would selling on the MLS via general brokerage.. There’s urgency to buy at an auction, Auctions draw so much more attention, the property sells faster, and you negotiate up, not down and there’s very little holding costs and liability is less because once it’s sold it will close within 30 days or before.Appraisals are not an issue nor is financing because all of that will be done prior to the buyers even bidding.
Auctions are fun and exciting and we hope to see you soon at one of ours.. Sold Sold Sold….
