Benefits to Sellers
- Buyers come prepared to buy.
- Seller knows exactly when the property will sell.
- Seller knows that property will be sold at “current market value.”
- Crystallizes all potential buyers to one location at the same time.
- Accelerates the sale of your property.
- All transfer charges are paid by the buyer (2% PA transfer tax, title searches, deed preparations, etc.).
- Seller sets terms and conditions of the sale and eliminates long-term carrying costs, including taxes and maintenance.
- A 99% successful closing rate.
- Property is sold with “AS IS WITH NO CONTINGENCIES”.
- Bering Real Estate Co.™ will market your property to thousands of potential buyers.
- Creates competitive bidding among potential buyers.
- The price a property brings at auction can exceed the price of a negotiated sale price.
- Eliminates numerous and unscheduled showings.
- Ensures an aggressive marketing campaign that increases interest and availability.
- The auction method of marketing is the only selling tactic the goes up in price and does not negotiate down!
Benefits to Buyers
- Buyer knows that seller is committed to sell.
- Buyer determines purchase price by competitive bidding.
- Purchasing and closing dates are known.
- Auctions reduce time to purchase property.
- Auctions eliminate long negotiation periods.
- Buyers know they are competing fairly and on the same terms as all other buyers.
- Buyers receive comprehensive information on property via due diligence packets.
- Buyers are able to perform their own inspections such as Home Inspections, Wood Infestation, Radon, etc.