Auctions

REAL ESTATE AUCTIONS PRODUCE RESULTS!!

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Auctions Change the Focus!

  1. Seller obtains offers instead of waiting for the buyer to get around to making a move.
  2. Price gets built up through bidding rather than negotiating it downward. A more positive approach.
  3. Seller can determine the time value of money in comparison to the sale price rather than waiting and having the “HOLDING COST” actually increase.
  4. Seller is “using” the competition between buyers, instead of the competition between other “for sale” properties to determine the sale price.

BENEFITS TO THE SELLER:

  1. Price determination is made by competitive bidding.
  2. Definite sale date of an auction reduces time delays and hastens closings.
  3. There are no contingencies, property sells as is.
  4. There is no haggling or continued negotiating.
  5. More net dollars in the seller's pocket.


ONLY NORTH CENTRAL OFFERS YOU REALAUCTION®:

RealAuction® is a registered service mark and computerized auction system exclusively available from NORTH CENTRAL Realty, LLC.  Since 1980, we have offered the unique computerized system of public bidding. The system maximizes the price received by the seller on the properties that deserve to be divided into a number of parcels. The system increases the bidder competition, then broadening the market and increasing the total price received by the seller.

THE REALAUCTION® CHOICE:

RealAuction® works best on farms and other land that will benefit from offering same in parcels. i.e.: natural division lines or multiple uses such as residential sites, hunting land or tillable land exists on the same farm.

This feature can create cross bidding, thereby increasing competition which produces maximum prices.

Works to the advantage when good local demand exists
Forces the prospective buyer to make a decision
Works best in areas where auctioning land is familiar to the buyer.

INFORMATION:

For more information about real estate auctions, both RealAuction® and conventional, contact us at Upper Midwest Management Corporation or North Central Realty, LLC today! 


A TESTIMONIAL
“Our family is pleased with the outcome of the sale. It certainly brought a higher total price than we would have been able to negotiate with interested buyers. I am very impressed with the workings and effects of your “RealAuction” method of selling. It was interesting to discover that there are indeed any number of bidders interested in different parcels or combinations of parcels. It was obvious too that the bidders knew your firm and members of your staff and thus were at ease in the bidding situation.”

- Dave Loskota