The Auction Process begins when you
contact
Florabama
Auction Services to set up an appointment
to have our representative preview your property, discuss the realistic
value of your property based upon previous sales in your area and review a
variety of marketing/promotion options that will attract the largest
number of buyers to the property.
At
your request, a representative of Florabama
Auction Services will confidentially
discuss the possible sale of your property. We represent a diversity of
real property:
·
Residential Single Family
· Multiple Family
·
Commercial/Mixed Use
·
Office Buildings
·
Resorts, Etc.
·
Industrial
· Estates
Since each property and situation is different, our primary goal is to
determine if the sale of your property is best accomplished
through auction. We believe that before our staff prepares a marketing
proposal, certain criteria must be met.
After meeting with you to discuss your goals, and the features of the
property, both positive and negative, a decision will be made to proceed
with the auction - or to use a traditional real estate listing. When the
auction process is chosen we will then prepare, at no cost or obligation
to you, a complete marketing strategy for the successful sale of your
property. Our comprehensive auction process includes, but is not
limited to the following:
· On Site Evaluation
· Comparative Market Analysis
· Establishing Auction Date and Time
· Development of Specialized Marketing and
Promotional Program
· Presentation of Auction Proposal (including all
costs)
· Signing of Auction Contract and Listing Contract
· Scheduling of Professional Photography
·
Creation of Promotional/Marketing Items
·
Marketing Property Begins
· Conduct Property Preview Period ("Open
House")
· Commence Auction
· Contract and Other Administrative Initiatives
·
Closing
Follow this link to learn more about the benefits
of real estate auctions.
The auction process ends after the sale and the closing takes place. The
documents that are typically provided by a seller, etc. are all the same
as a traditional sales transaction. The auction process finds the buyer
and sets the price for the property.
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