Sellers

realtorauction.com is dedicated to building the largest, most profitable, real estate auction company in the USA, based on proven methods – driven by a marketplace demand.

Our Service:

Real estate sold at auction exceeded $100 Billion in the USA in 2003 with around 1-million properties sold. The ‘traditional’ real estate market in the country was around $40 trillion or one third of the US economy with over 6 million existing homes sold in 2003. According to the Auction Marketing Institute less than 800 people hold the A.A.R.E. (Accredited Auctioneer Real Estate) designation whom are ‘credentialed’ to sell auction services. Realtorauction.com is a government certified nationwide real estate Auction Company that utilizes high-tech tools combined with over 2,000 years of auctioneer traditions.

Member Auction Marketing Institute

A.A.R.E. Graduate / Candidate

REALTORAUCTION.COM is dedicated to providing sellers of real estate a simple one-stop-shop to convert property of any type into cash.

Technology has changed the way people shop for and sell real estate in the 21st century. We are offering a unique blend that comines 2,000 years of auctioneer traditions with 21st Century technology and tools.

Traditional 'Live' Auctions - Internet only auctions - Webcast auctions in real time with the auctioneer

Service before during and after the sale

REALTORAUCTION.COM provides a complete service to sellers that includes a combination of on-site activity and preparation, Internet web enabled information distribution, Internet bidding and after the auction services.

WHAT IS A REAL ESTATE AUCTION?

Real estate sold at auction provides sellers a controlled method to obtain the 'Present Cash Market Value' for any property.

A real estate auction is where a custom marketing program is prepared for each individual property to present it to the market for sale on a specific date.

'Traditional' methods of selling real estate do not give the seller any control over how your property will be marketed or when it will be sold, only the promise to pay a commission *IF* the property sells.

It is sad to see people bragging about a property selling in a few hours or days in this the strongest real estate market in history. I always wonder how much money did they leave on the table.

Property information packages are developed for each property with information to allow buyers to determine how much they are willing to pay, based on their needs and the current market.

Bidders compete against each other with open increases in the price they are willing to pay and are happy with the price as it is "only one bid higher than someone else was willing to pay" on auction day.

An auction creates exctitement around the sale making it an 'event' with closing on a specific date. The auctioneer takes bids (not offers) to purchase the property in AS-IS condition and NO CONTINGENCY closing with payment to the seller in a specified time, usually 30 to 45 days or less.

A real estate auction through targeted direct marketing creates the present cash market value for any given property at a specific point in time.

HOW DOES IT WORK?

The process is simple and easy for sellers:

  1. Execute a Uniform Real Estate Auction Lisiting agreement
  2. Pay the auction entry fee
  3. Fill out the property disclosure statement about your property
  4. Let us do the rest

If you are not sure and need more information click here for a free consulation