Public perception of auctions is changing and becoming the first choice for people who want to sell and buy real and personal property.
Source: NAA Auctioneer
Thanks to Living Lake Country for this great article
Congratulations Tim Miller! Our energetic auctioneer was first runner-up in the Wisconsin Auctioneers Association Championship Contest held at the Wisconsin State Fair .
Click on the image above for WAA article
Click on the YouTube link below to see Tim Miller in action.
Click on the image below to watch Tim accept the 2009 interview/marketing award.
Auctions are a fun, profitable and effective way to sell your property and provide a win-win solution for both the seller and the buyers. The energy-charged, competitive environment at auction creates excitement and can influence the sale price dramatically.
Real Estate Auctions Growing In Popularity
Despite the major recession in traditional real estate sales, residential real estate auctions grew 5.3% from 2006, and 46.6% since 2003. There is a much greater acceptance of the auction method, especially among younger consumers due to their experiences with online auction firms such as Ebay.
(Source: National Association of Auctioneers)
Qualified buyers are targeted and come prepared to buy
Property will be sold at true market value
Sales are accelerated
Creates competition among the buyers
Marketing program increases visibility and interest
No more hassles of numerous property showings, long negotiating process and not knowing when the property will sell
Auctions are fun and entertaining
Inexpensive to attend
The buyer knows the seller is committed to sell
Buyers determine the purchase price
Auctions eliminate long negotiation periods
Buyers compete at the same time fairly and on the same terms as all other buyers
Turnaround time to purchase property is reduced with auctions
February 2009 - Auctioneers Report Zero Growth in 2008; Heavy Machinery and Real Estate Auctions Witness Growth