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Cost

1. $500.00 at signing---- includes professional photos, video walk-through, pre auction Title Search (Lindsay Hinton--attorney), Auction Platform Use ***(Apro.Bid) 

2. Additional charges may occur for required survey or manpower needed for personal property sale.

3. Seller pays NO COMMISSION!!   Buyer pays commission (Buyer’s Premium). 

4. Closing fees: such as deed preparation ( $125.00 +/-) Deed tax ($1.00 per thousand) possible closing fee $200 +/-.

Absolute Or Reserve?

Absolute Auction

An Absolute auction means that you are going to sell your property on the day of the auction. This means there is no “Reserve Price”. This in our experience, is the best way to sell your property. Buyers who attend an “Absolute Auction” know for sure the property will sell on the day of auction and they will do the homework to insure their financing is in place and this is the property they want to buy. Many price studies show that “Absolute Auction” prices are generally 15 to 20 percent higher than “Reserve Auction” prices. Advertising costs vary depending upon the type of auction, value of your property and of course location of your property.

Reserve Auction

A “Reserve Auction” is an auction that has a reserve price set prior to auction day. This reserve price is a confidential price that will not be advertised or discussed with the public. This confidentiality is an absolute must. In most cases,  the auction team needs to know your reserve price. We do need to know the target price to help us determine if you are pricing the property at a competitive price. In our current economic conditions, if you are not competitive with comparable properties, you are very likely not going to get an acceptable bid on auction day. Advertising costs vary depending upon the type of auction, value of your property and of course location of your property. 

Cooperating Brokers 

Cooperating brokers or agent participation is welcome on most of our auctions. 

NOTE: All cooperating brokers must register with the Principal Auctioneer or Principal Broker no later than 48 hours before commencement of said auction. FORMS MAY BE FOUND ON THIS SITE.