JAY HEAVENER REALTORS & AUCTIONEERS

CLICK BELOW TO DISCOVER HOW JAY HEAVENER CAN ASSIST YOU IN YOUR AUCTION NEEDS!

MAKE AUCTIONS AN ADDITIONAL SELLING TOOL!

~SELLER'S 3 CONCERNS~

1. How much will it cost me?

2. How much $ will I receive?

3. How long will it take?

We can answer those questions, meet your needs and protect your interests. Call us and discover what quality service really means.

Not all properties should be sold at auction, but certain properties and situations will benefit greatly. Here is a checklist to determine if an auction would apply to your property:

Market

A changing market
A dull market -- too much product but with buyer interest
Not enough of the particular property type (unique, lake front, etc.)
Emerging market -- i.e., new development -- sales would increase with an auction
A seller's market with high demand and high competition

Seller

Needs immediate cash
Going through a partnership or marriage break up
Moving out of state
Wants to liquidate an estate
Retiring
Auction-minded seller
Has a listing that is about to expire
Has already purchased another property
Knows auction will bring a fair market price
Has financial problems
Has high carrying costs on the property

Property

Carries a lot of equity (25% or more)
Unique -- enough market interest to encourage competition
Burdening the owner with high carrying costs
Vacant
Difficult to appraise -- unique properties are especially difficult to appraise

Applying the Rule

Add up the elements in each category and judge whether or not the category is favorable or not for auction.

Then decide:

Would you favor an auction in any of these situations?

Click image for devotional RFL: 255026/AFL: 5287

Website created by Leta Heavener
April 22, 2010

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JAY HEAVENER REALTORS & AUCTIONEERS

Specialist in Selling & Auctioning Prime Properties