An auction where the
item or property offered is sold to the
highest bidder, regardless of price.
There is a high risk in this technique
and a detailed discussion of the
ramifications of this process should
take place with the auctioneer before
this type of marketing is undertaken.
Whether you are selling
real and/or personal property, there are
many advantages to the auction marketing
method. You name the day and time of
sale. The auctioneer creates a
competitive atmosphere which generates
the "real" value. There are no
contingencies. Buyer pays the
commission. Items and properties
sell "As Is" and "Where Is". All
sales are final. These are a few of the
auction advantages that do not exist in
the traditional market.