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PPK Asset Services, LLC

  1. Why an Auction?
    In traditional real estate sales buyers spend weeks and months previewing properties many of which are overpriced.  During an auction the market is very evident because the bidder has confirmation of the market each time a bid is taken.

  2. Market Value
    Whatever the buying public is willing to pay, is the value of any asset.  During the auction the market is there for all to see.  Many of our customers both Sellers and Buyers express frustration with traditional real estate sales, and the common theme is "my time has been wasted".  In a real estate auction, the date and time is set for the property to sell.  We are not going to go to the effort, nor are sellers, to conduct an auction without a reasonable expectation of a sale on the auction date.

  3. Sale Terms
    In an auction sale the terms are set prior to the auction.  There are no extended negotiation periods.  It is really quite simple.  The only thing that needs to be established on sale day, is the price.

  4. Commitment to Sell
    If you look at properties in traditional real estate that actually close, you will find a seller who was committed to selling the property at the current market.  The market is full of sellers that will sell for an inflated price.  Buyers will spend weeks, if not months researching properties to establish which sellers are actually willing to sell at current market prices.  When a seller chooses the auction method, they are committed to selling the property on the chosen date.

    Please call us with any questions on any of our upcoming auctions.  We are more than happy to explain the auction process and what you can expect sale day.