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Contact us today to schedule a preliminary analysis of your property or
assets. Find out why our slogan is "Black and White Service".
No beating around the bush or fluff, just straight forward
answers and logical rationale.
Initial Consultation
Call (406)580-4207 to discuss your property and what
your goals and plans are. We will answer any questions you have about the
auction process and whether an auction is feasible for your property and you.
Property/Asset Analysis
We will schedule a date to preview your property and begin to analyze the
potential buyers of the property (target market), which marketing outlets will
be suited to marketing your property, and the procedure by which it will be
offered.
Marketing/Procedural Plan
Once it has been determined your property is suitable for an auction, we will
do a complete marketing plan detailing the target market, budget, marketing
outlets, showing schedule, dates, auction contract and terms, and the auction
procedure tailored specifically to your property.
Marketing includes:
- Full color brochures mailed to our extensive list of targeted
buyers, previous buyers and responders.
- Individual web pages on our auction website as well as 2 sister websites
linking directly to the auction website and increasing visibility and
traffic.
- E-mailing to our 18,000+ database of real estate buyers in the United
States and around the world.
- Direct Mailing to Selected buyers from our database of 6000+ potential
buyers.
- Classified and Display advertising in magazines, newspapers, and
quarterlies.
- Posting of brochures in the area of the auction as well as across a broad
area
- On specific properties we have done National Television advertising on the Outdoor Channel, and
for certain types of property it is an option.
We have found that for buyers to be comfortable at the auction bidding on the
property we must answer every question prior to the auction date. All
pertinent information pertaining to the property will be gathered and sent to
potential buyers. This information includes maps, tax information, water
rights information, preliminary title, auction sales contract, and anything else
that might be needed for a buyer to make a decision.
Any questions that have not been answered are covered when buyers show up for
the scheduled showings. During this time we will show the property and
answer all questions any buyer might have.
What to Expect on Sale Day
Real estate auctions generate a lot of energy and excitement. From the
beginning of the process right through to the conclusion of the sale we will be
educating, informing, and working to insure the successful outcome of the
auction. Once the final bid has been taken we will sit down with you and
the buyer and complete the paperwork, collect the down payment, and coordinate
the closing arrangements.
Real Estate Auctions/Traditional Listings
What
is the real cost of a listing your property for sale in a traditional real estate
arrangement?
- The
listing normally will be a 1 year in length exposing you to possible market fluctuation
- The
listing price is normally inflated; "We can always come down, we
can’t go up" is a common sellers mantra. The problem is most
buyers are very aware of the market and won't waste time on properties they
deem overpriced.
- Carrying
Costs- if you are of a mind to sell you have plans for this money.
It costs you money in interest, taxes, and maintenance to have a listing agreement and no sale.
High priced listings often sell for less than what they would have brought
if priced correctly to begin with. The buying public has dismissed
them and the number of potential buyers decreases the longer the property is
on the market..
- The
length of the listing agreement is designed to have control of the property
until you come down to
the current market price. To wait for the market to move to a level to
sell a high priced listing can take years.
What will the auction
method do for you?
- You
pick the time (the market) you want to sell in.
- You
allow the market to set your price through competitive bidding.
The auction brings all the players to the table at the same time….
Competing for YOUR property!
- Your
property is showcased. Often similar properties will stall until the
conclusion of the sale, as the market often will be determined by the
auction.
- The
competitive bidding does not limit the price your property will sell at ….
We always go up, not down.
- The
auction can be scheduled and completed within 60 to 90 days. Releasing
your money to work for you that much sooner.
- You
are in charge.
- Your
property sells according to pre-determined terms, avoiding prolonged
negotiation periods.
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