For many types of properties the auction method is becoming an effective and efficient alternative to selling properties when compared to that of a traditional real estate brokerage. With traditional means the marketing and sale of a home can be months or even a year or more. With the auction method of marketing and sale you get immediate action on your property and a quick and timely sale. The aggressive and customized advertising of the property promotes and gets the buyers to the site at specified time, having everyone together then create a competitive bidding environment for your property.

Types of properties that will sell at auction:

Farm Land, Ranches, Commercial, Residential, Vacation Homes, Condos, Multi-Family Housing, Investment Properties, Rentals and more.

Benefits to the Seller:

Auctions create competition between buyers. The sale at auction creates excitement and can heighten buyer interest in a property.

An auction exposes the property to a large number of pre-qualified prospects.

The sale of a property is accelerated with an auction. The time for marketing to closing can be much less than that of traditional real estate sales.

With the accelerated time you are able to eliminate "carrying cost" such as taxes, insurance, and maintenance of a property that is listed but just won't sell.

Auctions reduce unscheduled and untimely showings of a property. The property is shown prior to auction at specified times.

The auction is an aggressive, advanced marketing process that increases potential interest in and awareness of the auction property.

The auction has a date and time; therefore the seller knows when they will sell their property.

The auction forces the buyers to make an immediate decision, act now or loose the chance to purchase the property.

Seller is removed from the drawn out process of negotiating the terms of the sale. Terms and conditions are set forth in the contract and explained before the sale. The buyer is purchasing the property as is.

Benefits to the Buyer:

You have the chance to purchase a property at or below fair market value.

Long negotiating periods are eliminated. The property is purchased the day of the auction and closed within 30 days.

Buyers gain confidence in the purchase as they buy; the value is evident at the auction knowing that the contending bid is just one bid less than the sold price.

Buyer knows that property owners are motivated sellers.

Buyer knows that the property will sell at lowest price possible.

Buyers set their own purchase price.

To find out if your property is right for an auction and additional information on real estate auctions contact:

Jerry Hertzog 816.590.6187
Jim Hertzog 816.289.3011
Todd Hertzog 816.813.1767 todd@hertzogauction.com