Auction Benefits for Sellers

• Creates competition among buyers
• Stimulates the market and increases buyer Interest
• Accelerated and targeted marketing program increases buyer interest and awareness of the assets beings sold
• Assets are often sold “as is” without contingencies
• Eliminates high seller carrying costs (utilities, maintenance, etc.) while waiting on an item to sell
• Accelerates the sale; A large number of items can be sold very quickly
• Seller knows exactly when the assets will sell
• Brings interested buyers to a point of decision where they must act now or lose the opportunity to purchase
• The seller can be at more of a distance from the negotiations
• Seller can set the terms and conditions of the sale and maintain control of the property