The very essence of the auction process is competition. The auction event places bidders in a competitive environment when bidding for a property.
Prior to the bidding process, the bid assistants circulate among the bidders to answer questions and later encourage participation and relay bids to the auctioneer. During the process, the value of the property is reinforced as potential bidders compete.
Following the sale of the property, we will meet with you and the successful bidder to sign the necessary paper work, collect the down payment, and arrange for the closing, which is typically scheduled within 30 days.
Many people who have attended an auction conducted by The Real Estate Auction Professionals describe the atmosphere as electric. Our auctioneers, considered among the best in the industry, first explain the terms ofthe auction and give a narrative of the property’s highlights. The auctioneer then provides an example of the bidding process to familiarize the audience with bid calling process and to create excitement for the auction. VIP treatment is provided for bidders with such amenities as valet parking, hors d’oeuvres and live music depending on the nature of the type of property being sold.
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