There are many benefits to the Seller with the Auction Method of Marketing:

• Seller knows exactly when the property will sell and close

• Buyer signs a no contingency contract to close within 30 days

• Creates competition among buyers… auction price can exceed the price of a negotiated sale

• The aggressive marketing campaign increases interest and visibility

• Buyers come prepared to buy

• Assurance that the property will be sold at true market value

• Property is sold “As is”/”Where is”; no seller warranties

• Fast selling time reduces long term carrying costs, including interest, taxes, insurance, and maintenance

• Seller pays no commission

• Takes seller out of the negotiation process

• Eliminates numerous and unscheduled showings

• Properties can be sold away from the property where there are many buyers bidding on multiple properties in a comfortable setting