BENEFITS
Benefits to the Seller
• Buyers come prepared to buy
• Accelerates the sale of the home
• Creates competition - The auction price can exceed expectations
• Exposes the property to a large number of buyers
• The seller knows exactly when the property will sell
• Aggressive marketing program
• Reduced selling cost
Benefits to the Buyer
• Auctions eliminate long negotiation periods
• Buyers know they are competing fairly and on the same terms as all other
buyers
• Buyers determine the purchase price