Auction Broker

There have probably been more fortunes made in real estate than in any other area, quite likely more than in all other areas put together. Smart buyers know that the strength of a real estate investment is largely determined when you purchase. The Auction Method provides committed and qualified buyers an opportunity to obtain real estate from truly motivated sellers in a far more efficient manner than the conventional private treaty sale. Although it is possible for the competitive bidding process to escalate the price beyond what you would like to pay, you can be sure that the price you pay for a property at auction is in fact the true market value at that time.

Smart investments are made as properties are purchased at fair market value through competitive bidding
The buyer knows the seller is committed to sell. The Auction Broker will never bring to auction a property or seller that is not qualified for auction; this avoids wasting everyone’s time, including the buyers’.
Auctions eliminate long negotiation periods and reduce time to purchase property

Buyers Frequently Asked Questions

Q: I have never attended a real estate auction before what should I do?

A: If you are interested in buying at any auctions conducted by The Auction Broker, you should subscribe to our email list to get alerted to upcoming real estate auctions. Be sure to check out our complete list of FAQs as this will answer many questions about real estate auctions. Before attending the real estate auction, check out the values in the neighborhood and set a range of value or limit for your bidding. Be sure to work with your lender and pre-qualify, as you must typically make a no contingency offer for property sold at auction. Do your due diligence on the property and review the Terms & Conditions of the auction you are interested in. Arrive early at the auction site to register to bid, ask questions, listen closely, don't be bashful, wait for the auction to start and buy some property!

Q: Why do I need to register and how is that done?

A: Registration is a process of identifying yourself in our system as a potential buyer. If you want to participate in one of our auctions you will need to provide some form of positive ID such as a drivers license. You will need to sign the standard Terms & Conditions for the auction and provide the stated down payment amount for the property of interest in guaranteed funds. You will receive a bid card with a number, which is used to identify yourself as the successful bidder. You will also be provided a Bid Packet with copies of the Terms & Conditions, Bid Acknowledgment Form, Purchase & Sale Agreement, and a complete Property Information Package on the property that you are interested in.

Q: Can I make an offer prior to the auction?

A: Absolutely. We will submit the written offer on the Purchase & Sale Agreement to the Seller for consideration and acceptance. All offers submitted before or during the auction will be handled according to the Terms and Conditions of the auction. We recommend that you make your best offer at this time.

Still have questions? Please visit our FAQs page for a comprehensive collection of Frequently Asked Questions regarding real estate auctions or contact us.

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