FREQUENTLY ASKED QUESTIONS BY SELLERS


1. Why sell my house at auction rather than list it? Isn’t that a desperate measure?
Why put a price on your property and limit the value? Why put your life on hold while waiting for someone to make an offer. Why inconvenience yourself for showings? Why wait for loan approval or a qualified buyer? Why wait for a home inspection? Why wait? Why wait? Why wait?
The auction method is the only way to realize full value of your home or property and gives you the ability to get on with your life. You take control of the sales process. You set the date and time that your property will sell, as well as the terms and conditions.

2. How do you advertise/market the sale?
Your property is showcased in newspaper ads, promotional flyers, direct mail campaigns. We also post your auction on our highly visited website, the National Auctioneer’s Association website, and e-mail notification to all potential buyers and interested agents.

3. How much do you think it will bring? What if I don’t get offered what I want, do I have to sell it?
These are our most commonly asked questions. The best answer is “Fair Market Value”. We don’t know what the property will bring until the sale is over. Through our marketing campaign, we assure your property is showcased to all potential buyers in the marketplace the day of your sale. You, as the seller, reserve the right to reject the final offer.

4. What do I need to do to get my property ready to sell?
Your auctioneer will give you a step-by-step approach for what needs to be done. This may include any number of items, such as cleaning, painting, surveying, landscaping, etc. to give your property the best possible appearance.

5. How much does it cost me to sell my house at auction? What do you charge? What is your fee?
How much does it cost to sell my personal property?

Commissions are negotiable. Contact your auctioneer for more details.

6. Doesn’t an auction cost me a lot more than listing my home? Are closing costs the same as listing it? What are the advertising costs?
Commissions and expenses are negotiable. Closing costs can be less with an auction. Contact your auctioneer for more details. Marketing costs vary by property. Our veteran auctioneers will advise you.

7. Are there any hidden fees/costs? Is there a NO SALE fee?
No, there are no hidden costs. Your auctioneer will give you list of expenses and commissions before the sale takes place.

8. Can I sell my property without getting it surveyed?
Your auctioneer will advise you on what’s in your best interest.

9. Will you do a Buyer’s Premium sale?
Yes.

10. What’s the best time of the year to have a sale?
Whenever you’re ready. With today’s busy society, any time is a good time. There are always buyers in the market.

11. Do you make any guarantees?
We guarantee to market your property and to offer the highest level of auction services available.

12. What if I find a buyer before the sale?
Your auctioneer will advise you on how to handle this.

13. When do I have to give possession?
Generally at closing, however, you are in control of the terms, conditions, and possession.

14. What if it’s bad weather? Will you still have the sale?
Yes. The show must go on! Some of our best sales have been during inclement weather.