A core advantage to choosing Peoples Company as your real estate broker is the ability to utilize the most appropriate sale method based upon your goals. In certain instances, a public auction by Peoples Company can be the best approach. This method provides a seller with the following advantages:
Auctions provide assurance that property will be sold on a specific date and time to the highest bidder, and allows sellers to dictate the terms of sale.
Prospective buyers are aware that the property will be sold on the auction date. This knowledge provides the incentive to compete to buy the property. The auction bidding process further intensifies the competition by allowing all bidders to see that others are willing to purchase the property at the same or a greater price.
A landowner may feel that sufficient interest exists in the community to buy his/her property. In many instances, difficulty may exist in determining a price or deciding to whom the property should be offered. A land auction ensures the property winds up with the buyer who is willing to pay the most for it, and that all parties receive a fair opportunity to purchase.
An auction sale avoids lengthy negotiations over price and terms, and eliminates concerns about buyer financing issues.
Premium Exposure. Maximum Return.
Peoples Company specializes in creating the demand required to have a successful outcome. Only with maximum exposure of the property to potential buyers will there be assurance that it will bring full value on the sale day. Through our website, client database and other marketing channels, we attract buyers looking for 1031 exchange properties, buyers using land as a tool to diversify their investment portfolio and buyers seeking to expand their current land holdings.
For a customized auction proposal please contact Peoples Company by calling 1-855-800-5263.
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