All properties and items
are not always auction candidates.
One must consider the market place, the
economy, supply and demand and the
encumbrances, if any.
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.
There are many factors
to consider; time of year, weather
conditions, economy, marketing budget,
and many other factors which should be
discussed with your professional
auctioneer/consultant.
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.
