Why Sell at Auction?
The majority of JJManning's real estate auctions today are not a result of foreclosure of distress situations, but rather are the result of a seller choosing our cost-effective, accelerated marketing method to sell their property. A real estate auction allows the seller to eliminate virtually all long-term carrying costs while taking advantage of other current investment opportunities. A real estate auction is truly a win-win situation: sellers obtain immediate cash and buyers purchase properties at fair market value, which is the price determined in an open and competitive bidding platform. JJManning Auctioneers conducts "stigma-free" and high-powered real estate auctions which are showcased by our professional and high-end marketing pieces.
Here is a sample of the many reasons sellers choose to sell at auction:
- Property is unique
- Property is difficult to appraise
- Estate liquidation
- End high carrying costs
- In need of immediate cash
- Traditional listing is about to expire
- Already purchased another property
- Partnership dissolution
- Divorce Settlement