Smart investments are made as properties
are usually purchased at fair market value through competitive
bidding. The Buyer
sets the limit they’re willing to spend.
Unlike traditional sales where it usually comes down to just
one buyer and the seller negotiating, the auction method allows
the buyer to set their limit to what they are willing to pay
for a property. If that limit isn’t reached, they have
saved themselves time and potentially thousands of dollars, which
would have otherwise been spent with a traditional sale. You
know the price paid is in line with the general buying public’s
perception of value. An auction establishes true market value,
which is only what the public is willing to pay
The buyer knows the seller is committed to sell.
When our clients pursue the auction method to sell their property,
rest assured, they are committed to selling and closing the
contract. They select a date of sale and let the buying public
determine value. Typically, our clients have chosen this method
in order to expedite the sell of a property. Traditional sales
are full of people attempting to sell their property at an
unreasonable price. Searching through these listings can take
months to find an owner that is motivated to sell. Our clients
are committed to selling their property in a timely fashion,
and they know the auction marketing method is the only truly
effective method to expedite the sale of their property.
Auctions eliminate long negotiation periods.
Terms of the sale are defined prior to auction leaving only the
price to be established. Simple, the winning bidder determines
the amount paid. It is the most efficient way there is to purchase
real estate. There is no back and forth negotiating.
Purchasing and closing dates are known.
You can take comfort in knowing that most real estate closings
take place no later than 30 days after the end of the auction,
or during another timeframe by agreement.
Buyers know they are competing openly, and fairly and on the
same terms as all other buyers.
Buyers receive comprehensive information
on property via Property Information Packages (PIP’s)
To get you started, we typically prepare colour brochures for
each property and auction. This will start you on your way to
a well-informed purchase on the day of the auction. In the case
of certain properties, you may have the option of ordering a
Property Information Package (PIP) from us. If such a package
is available for a given property, availability will be advertised
on the property's page on this site. This package is a detailed
compendium of all relevant information with respect to a given
Certainty & Peace of Mind
As the buyer, you will have the comfort of knowing that the property
is going to be sold on the day of the auction there are no
more worries about seller hesitation. The seller has committed
to selling the property that day. You can feel better knowing
that there are other potential buyers and there is a contending
bid just one increment under purchase price.