Benefits of Auction

Buyer pays auctioneer and agent fees.

The auction process is a great way for sellers and agents to maximize the marketing efforts of a property and sell it quicker at a fair price. Ensure your hard-earned money stays where it belongs — with you.

TALK TO AN AUCTION AGENT

Auctioneer is Compensated by a Buyer’s Premium

The Buyer’s Premium is an additional fee above the bid price paid by the winning bidder at auction.

Seller Pays No Closing Costs

Seller pays minimal to no closing costs. Clear terms ensure transparent transactions for buyers.

Property Sold “As Is”

Quick sale, less hassle, lower costs, appeal to investors, potential for higher profit margins.

No Financing or Appraisal Contingencies

Faster transactions, reduced paperwork, and simplified processes without financing or appraisal contingencies.

Seller Sets Minimum (“Reserve”) Acceptable Price

Minimum price set by seller; if bidding doesn't reach it, seller has no obligation to sell or pay fees.

Auctions are the Fast, Easy, No Hassle Way to Sell for Top Dollar!

Competitive bidding drives prices up quickly, ensuring swift, hassle-free sales with optimal profits.

Home Auction vs Traditional Listing

Real Estate Auctions: Quick sale, competitive bidding, potential for higher price. VS. Traditional listing: Longer process, negotiation, market fluctuations, agent assistance. Auction suits urgency, while listing offers time and negotiation options.

Sold At Auction

Auction Sale Price

$400,000

Seller Cost

-$395.00 (admin fee)

Proceeds

$399,605

vs Traditional Listing (With No Agent)

Sold As Traditional Listing

Sale Price

$400,000

Listing Fee 3%

-$12,000

Agent Fee 3%

-$12,000

Closing Cost 2%

-$8,000

Prepping to Sell 1.5%

-$6,000

Proceeds

$362,000

-$37,605 in savings

vs Auction Sale

How Do I Sell My Real Estate in an Auction?

To sell real estate at an auction, consult with Power of the Auction, set a reserve price, promote the property, conduct open houses, and engage with potential buyers. On auction days, bid increments lead to the sale.

Experience You Can Trust

With decades of collective expertise, Power of the Auction and Alex Cooper teams combine vast experience and deep industry knowledge. Their proven track record, commitment to excellence, and client-focused approach instill trust and confidence in their services.

MEET OUR TEAM

Need help, or ready to get started with The Power of the Auction?

Thank you for your interest in Power of the Auction. Please complete the form below to email us!

Google reCaptcha: Invalid site key.