Did You Know?

• Auctions have existed for over 2,000 years
• Over a quarter trillion dollars of goods and services are sold at auction every year in the U.S.
• Auctions continue to be a rapidly growing trend in real estate for sellers and buyers
• “Priceless” works of art are sold only at auction
• Auctions are the truest method of price discovery
• Competitive bidding determines the true market value 
• Auctions turn real estate into cash efficiently and effectively 
• Successful auctions are accomplished by professional and comprehensive multi-channel marketing campaigns
• Auctions are a win/win approach to selling and buying
• Bidders are prepared to purchase
• Auctions require less time and effort from the seller than any other methods
• Sellers pay no commission
• Sellers are in control of the process setting the timeframe and terms with no negotiations
• Auctions accelerate the selling timeframe
• Auctions produce a date-certain event creating urgency for buyers
• Auctions achieve a fair market price with a no-contingency contract and a closing in 30 days

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