Ensuring the Highest Value
Properties are sold on an “as is” basis, so all inspections, reports and disclosures are completed up front. The purchase agreement signed at auction is exclusive of contingencies.
Benefits of Selling through Auction
If you’re not sure whether an auction is the best way to sell your home, investment or commercial property, Harcourts Milestone Advisors are here to offer insights to help you decide. See a list of key benefits below.
Built-In Marketing
Auction raises awareness of your property through print and digital marketing and property signage. Plus, the word ‘auction’ attracts a wider net of buyers while creating a sense of urgency.
Value Over Price
Auctions focus buyers on property value, not price. We only get paid when we sell your property at an amount that is in line with your expectations.
Your Timeline, Our Process
The auction process allows you to set your own date and a timeline. No waiting around, guessing when your property will sell or not sell.
Paperwork Completed Prior to Auction
Clean, simple contracts with all buyer due diligence are completed before auction day.
Perception of Greater Demand
Auctions show a limited number of open houses to create a perception of greater demand.
You Call the Shots
Conducting auctions with reserve prices allows you to set the minimum price and there is no obligation to sell if bidding falls short. You can also accept any offer before auction day.
Learn What Buyers Will Pay
Even if an auction doesn’t sell, you learn what buyers will pay without damaging your property's reputation because no list price is advertised. We work until it's sold.
Always in the Loop
Buyers who bid at auction are doing so on an “as is” sale not subject to any contingencies. Because of this, bidders may find that they have less competition than if they seek to purchase via the traditional method. Some buyers are not prepared to complete their due diligence or are unable to purchase without the inclusion of a finance contingency.
Level Playing Field
At auction, you see all interested parties. No secrets, surprises or stress.
Benefits of Buying through Auction
Upfront Inspections
Properties are sold on an “as is” basis, so all inspections, reports and disclosures are completed up front. The purchase agreement signed at auction is exclusive of contingencies.
Defined Timeframe
Before the property goes live, we discuss your bidding start amount, deposit amount and property close time.
Transparent Bidding Environment
All bids are shown in real time and you don’t have to bid more if it passes what you’re willing to pay.
Pre-Auction Insight
Seller completes comprehensive property information in advance.