What is a Real Estate Auction?
A real estate auction is an innovative and effective method of selling real estate. It is an intense, accelerated real estate marketing process that involves the public sale of any property -- most certainly including those that are distressed -- through open cry, competitive bidding.

How will auction benefit me?
The real estate auction is a win-win proposition for everyone involved.

BENEFITS TO THE BUYER:

• Smart investments are made as properties are usually purchased below market value through competitive bidding
• The buyer knows the seller is committed to sell
• In multi-property auctions the buyer sees many offerings in the same place at the same time
• Buyers determine the purchase price
• Auctions eliminate long negotiation periods
• Auctions reduce time to purchase property
• Purchasing and closing dates are known
• Buyers know they are competing fairly and on the same terms as all other buyers
• Buyers receive comprehensive information on property via due diligence packet.

Auction websites:
www.auction.com
www.hudsonandmarshall.com
www.williamsauction.com