The buyer can also benefit greatly from the Auction Method of Marketing including:

  • Buyers determine the purchase price

  • Smart investments are made as properties are purchased at fair market value through competitive bidding

  • The buyer knows the seller is fully committed to sell

  • In multi-property auctions, the buyer can view many properties at the same time

  • Auctions eliminate long negotiation periods

  • Auctions reduce time to purchase property

  • Purchase and closing dates are known in advance

  • Buyers know they are competing fairly and on the same terms as all other buyers

  • Buyers receive comprehensive information on the property via the due diligence packet