Delivering fast, quality results in real estate disposition.
Selling commercial real estate at auction has become increasingly popular and is a very desirable way today to sell property for 100% market value in a short period of time.
While traditional sales methods may take months or years to sell a property, our real estate auction services can complete a sale in less than 90 days — start to finish. Our auction specialists work with our clients to help determine if a sale would be best served by an auction, and if it should be sold at a live auction (onsite), via an online auction, or by sealed bid. If sold by auction, our in-house auction professionals engage in a six-week intensive marketing campaign while also directly contacting pre-qualified, active investors, and other high priority candidates, ensuring that each property receives extensive exposure.
Advantages of an auction process
- Delivering buyers who are prepared to buy
- A 90-day process — once the seller accepts the purchase agreement from the highest bidder, the transaction generally closes within a few weeks
- Allowing the seller to predetermine all terms and conditions for a sale
- Selling the property "as-is," with the buyer responsible for inspecting the property before bidding
- No price ceiling is set, allowing the sale price to go higher than a traditional listing
Our services include
- Auction service triage
- Vendor selection and vendor management
- Property assessment
- Due diligence
- Market research
- Valuation
- Marketing the sale