f.a.q
Why Sell My Equipment and/or Personal Property at Auction?
- Marketing to a large number of potential buyers in a short period of time
- Creates a “sense of urgency” at auction and bidders get a confirmation of value from other bids
- All items sold “As-Is, Where-Is”
Advantages of Selling Real Estate at Auction
- Marketing to a large number of potential buyers in a short period of time
- Creates a “sense of urgency” at auction and bidders get a confirmation of value from other bids
- Quick closings. Most properties will close within 30 days or sooner
- No buyer contingencies! Properties are sold “As-Is”, and are not contingent on inspections , appraisals, or financing
Auction Types
- Live Onsite Auction: Personal property auction held onsite to facilitate the sale of items
- Internet Only Auction: Equipment is marketed and sold online through AuctionTime
- Combination Live/Online Auction: A combination of the two above auction types
- Absolute Real Estate: Sells to the highest bidder regardless of final price.
- Reserve Real Estate: Sale is subject to final approval by seller of the price
- Personal Property: Personal property is evaluated by the auction company and is charged commission on a sliding scale.