Why Go Auction

  • Creates competition between buyers, resulting in a higher price
  • Creates a set sale date, eliminating guess-work as to when a property will sell
  • Offers sellers an alternative marketing option
  • Typically requires buyer to pay both transfer taxes resulting in a 1% savings to seller
  • Exposes the property both locally and nationally
  • Takes the seller out of the negotiation process and eliminates time-consuming contingencies
  • Allows seller to free up capital on a timetable to his/her advantage
  • Auction signs create attention and urgency for action
  • Properties are generally sold within 6 to 8 weeks of listing
  • A buyers down payment is 10%, thus creating a bigger commitment
  • A seller knows the exact date when the property will sell and when proceeds will be received
  • Allows seller to set terms and conditions of the sale
  • Eliminates high seller carrying cost such as interest, taxes, heat, sewer, water, maintenance, etc.
  • Brings interested buyers to a point of decision

Horning Auctioneers

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