WHY AUCTIONS WORK
If you are seeking an auctioneer, you will more than likely already be familiar with the auction process. If you are new to auctions or haven’t listed one in a while, here is a reminder of why auctions work.
auction benefits
Committed vendors attract committed buyers through a targeted marketing campaign.
Average number of “days on market” for a property sold by auction is less than any other method of sale.
There is a defined sales strategy with a start and finish date, which is more convenient for your clients.
Creates a sense of urgency and rather than wait until auction day, some buyers will choose to pay a premium price to have it withdrawn prior to auction.
Takes ‘price’ out of the equation and allows the market to determine the sale price through competitive bidding
“ “During the auction call Michael does the utmost to engage buyers, get them bidding and keep them bidding until the fall of the hammer’.”
“I have used Michael as my Auctioneer for 3 years and I have to say Michael is absolutely fantastic at calling the auction. No matter what kind of crowd I have given him with registered bidders, Michael is always able to put on a great show!”