Auctions

Growing Trend

Once considered only a last resort for disposing of distressed property, the auction process has grown in popularity. The sale of Real Estate is now the fastest expanding segment of the auction industry. If Current trends continue as predicted by national real estate experts, within this decade more than 30% of all real estate sales will be conducted by auction!

Rewarding

A "people" event, auctions have proven to be both convenient and successful, even in otherwise depressed markets. The auction process itself is interesting and captures a lot of attention, often turning "spectators" into "participants" as they become more familiar with the process.

Nothing New under the Sun

There is certainly nothing new about the auction process! Auctioneering had its roots in ancient times and has played a vital role in the evolution of commerce as we know it today. The first documented auction was reported in 500 B.C. by the greeks

From the Seller's Perspective

The resurgence of interest in the auction process as a desirable and profitable method of marketing real estate has much to do with its many advantages to the seller many of which relate to the time/money equation