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  Ways that Realtors can get involved in an Auctio Real Estate Auctions.

1. Listing (Co-broker) Agent/Broker 		 
 
  A listing agent is an agent of the seller who markets the seller's property and represents the seller during the sale and the closing of the seller's property. In a sale by auction, he or she handles many of the traditional real estate functions and shares the commission based on the amount of involvement and the relationship defined by the two parties. This relationship is beneficial for auctioneer and agent when services by a local auction or real estate company are needed or when a real estate agent identifies a potential auction situation for a seller and the agent is not an auctioneer.
   
  LISTING (CO-BROKER) AGENT/BROKER BENEFITS:
 
Generates a list of qualified and motivated buyers. Post-auction "hot" prospect lists.
 
A bonus, more sales for you! Only one bidder can buy the auction property. Imagine having 50 qualified bidders at the event and post auction having a signed Agreement of Sale and 49 motivated bidders with cash in their pockets that are anxious to purchase property! You can take full advantage of these valuable leads. They are yours. Immediately following the auction, Auctio Property Marketing will provide you with a detailed list of all registered bidders for the auctioned property. You will have already been exposed to these prospects at least twice and possibly three or even four times through open houses, telephone conversations and on auction day. This list of prospects is significant and its' yours to keep! All of those people who registered to bid have told you that they would like to, or are willing to, purchase a property in your market area. Further, many potential bidders are excluded from the unconditional cash only bidding process because they have a house to sell that is not yet listed for sale. Further, there are many other qualified buyers that attend the open houses and the home is not suitable for them. It is not unusual to have 50 to 250 separate groups of potential buyers view each property we offer for sale. All of these prospects become yours!
   
Offers clients and customers new selling and purchasing options.
 
We want you and your clients to continue to feel the comfort of working together. You will team with an Auctio Property Marketing professional who will handle all auction details. Just introduce your seller to your Auctio Property Marketing representative. We will not disappoint you!
   
Increases market share and revenue - new business opportunities are added.
   
Auction control under your company logo, we work with you... not in place of you
 
Enhances company's image.
   
Enhance your image as a full service brokerage, while providing an aggressive marketing alternative for your clients. The property will be listed for auction and marketed jointly under the Auctio Property Marketing and your banner. By partnering with the Auctio Property Marketing you will enhance your reputation as an innovative, full-service broker.
   
Your name and company name will be promoted in a substantial Auction Marketing campaign including thousands of brochures, extensive newspaper advertising, the Internet and on all professionally designed signage. This marketing promotion will be worth thousands of dollars in free advertising to you.
   
Develops your own market niche -able to offer new products and services other agents aren't providing.
   
Assurance that property will be sold at true market value
   
Competition equals higher prices and no money left on the table
   
You set terms - Property sells "as is, with all faults, without contingency"
   
Takes Seller out of negotiation process
   
Auctions appeal to people - it brings them in to look at all the listings you hold, not just the auction listing.
   
Auctions cause referral and return business.
   
Agents don't have to be auctioneers to earn commissions. Your listing becomes your auction.
   
Auctio Property Marketing will do the marketing and conduct the auction event. You earn commissions. Across North America, Auctions enjoy a 95%+ closing rate.
   
Force prospects to point of decision
   
Earn referral fees as referring agent/broker
   
Once the listing is signed, you have a better than 95% chance to earn a 3% listing commission paid to you within 75 days or less of signing the contract. If you register the high bidder for the auction, you'll earn a further 2.5% commission, in addition to the 3% listing commission.
   
Work as cooperating agent/broker. We're on your team, not your payroll
   
Positive residual effects after the auction
   
At the listing presentation, we will make you and your clients comfortable with the auction process. Don't let unfamiliarity with the process stop you. Auctio Property Marketing will make your auction simple and profitable, quickly. With your knowledge of the market and our auction marketing expertise, we can work together towards a year of record profits.
   
   
  LISTING (CO-BROKER) AGENT/BROKER ACTIVITIES
 
Before auction day
   
Provide the lead (in most cases)
   
If available, provide fact sheet on the property
   
Perform market analysis
   
Provide local licensing information
   
Complete due diligence
   
Hold open houses for inspection
   
Order and obtain signs, photographs, keys
   
Obtain bids for maintenance and supervise property management
   
Assist bidders with pre-qualification process
   
Provide feedback to the seller (progress reports)
   
During auction day
   
As bid assistant, assist auctioneers in bid process
   
Accompany buyer to contract signing room
   
Following auction day
   
Help buyers with post-auction inspections, insurance, financing, etc.
Assist in pre-closing events
   
Attend closing
   
Types of agreements used in this situation
   
Listing agreement between the real estate broker, auctioneer, and seller
   
Auction contract to supersede listing agreement
   
Pre-auction agreements outlining responsibilities of each part
   
Special auction sales contracts and addendum
   
Prospect registration forms
   
Bidder packets
   
   
 
  Auctio Property Marketing will pay a co-operating brokers fee of 25% of the net broker commission to any Realtor.

Lose less expired listings! What have you got to lose by introducing the Auction Method of to a listing that is on it's way out the door? Even if you are losing a listing because it is overpriced, your client could still be a very motivated Seller.

A certain percentage of your listings could be best sold at auction (e.g., the extraordinary, the unusual, the overbuilt). Due to their unique nature, you often lose the listing before you get it sold. At auction with EstateEase, there is a 95% chance of getting it sold in 30 days!

A certain percentage of your listings and properties that never make it to the conventional market will often go to auction (e.g., estate property, retirement, transfer, farm acreage, power of sale, divorce, bankruptcy, debt). Auctioneers across the world are profiting from these sales and most often completely eliminate the broker. Your company could be earning these commissions in your market areas!! These anxious Sellers could be calling you directly!
2. Referring Agent/Broker

  A referring real estate agent or broker refers a seller to Auctio Property Marketing, and receives a referral fee established by Auctio. This broker, usually does nothing more than introduce a potential seller to Auctio. This broker may be instrumental in convincing the seller in the merits of real estate auction.
 
  REFERING AGENT/BROKER ACTIVITIES
 
Refer seller to Auctio Property Marketing
   
Attend real estate auctions to learn how they work
   
Help seller analyze his or her needs, the property, and the market to determine if it is a good auction situation. Compare to negotiated sale.
   
If a negotiated sale listing agreement exists, cancel the previous listing to be superseded by an auction contract. The referring agent/broker signs this contract. Send a notice to MLS stating that the property will be sold at a public auction. Auction contract to supersede listing agreement
   
Collect referral fee from auction firm
   
The referral fee we offer is either 1% of the sales price or 25% of our net commission received at closing (contact our office for more information).
   
   
  REFERING AGENT/BROKER BENEFITS
 
Offers clients and customers new selling and purchasing options.
   
Increases market share and revenue - new business opportunities are added.
   
Assurance that property will be sold at true market value
   
Competition equals higher prices and no money left on the table
   
You set terms - Property sells "as is, with all faults, without contingency"
   
Takes Seller out of negotiation process
   
Agents don't have to be auctioneers to earn commissions. Your listing becomes your auction
   
Auctio Property Marketing will do the marketing and conduct the auction event. You earn commissions. Across North America, Auctions enjoy a 95%+ closing rate.
   
Force prospects to point of decision
   
Earn referral fees as referring agent/broker
   
Once the listing is signed, you have a better than 95% chance to earn a 2.5% of bid price referral commission paid to you within 75 days or less of signing the contract. If you register the high bidder for the auction, you'll earn a further 2% commission, in addition to the 2.5% listing commission.
   
At the listing presentation, we will make you and your clients comfortable with the auction process. Don't let unfamiliarity with the process stop you. Auctio Property Marketing will make your auction simple and profitable, quickly. With your knowledge of the market and our auction marketing expertise, we can work together towards a year of record profits.