SK Realty Auctions

406-580-4207

Menu
 

 

 

Contact us today to schedule a preliminary analysis of your property or assets.     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:

  1. Full color brochures mailed to our extensive list of targeted buyers,  previous buyers and responders.  

  2. Individual web pages on our auction website as well as 2 sister websites linking directly to the auction website and increasing visibility and traffic.

  3. E-mailing to our 18,000+ database of real estate buyers in the United States and around the world.

  4. Direct Mailing to Selected buyers from our database of 6000+ potential buyers.

  5. Classified and Display advertising in magazines, newspapers, and quarterlies.

  6. Posting of brochures in the area of the auction as well as across a broad area

  7. 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? 

  1. The listing normally will be a 1 year in length exposing you to possible market fluctuation

  2. 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.

  3. 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..

  4. 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? 

  1. You pick the time (the market) you want to sell in.

  2. 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!

  3. 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.

  4. The competitive bidding does not limit the price your property will sell at …. We always go up, not down. 

  5. The auction can be scheduled and completed within 60 to 90 days.  Releasing your money to work for you that much sooner.

  6. You are in charge.

  7. Your property sells according to pre-determined terms, avoiding prolonged negotiation periods.

SK Realty Auctions conducts Montana Land Auctions, Wyoming Land Auctions, Idaho Land Auctions, South Dakota Land Auctions, North Dakota Land Auctions, Nationwide Land Auctions, Real Estate Auctions, Montana Real Estate Auctions, Idaho Real Estate Auctions, Wyoming Real Estate Auctions, Montana Land Auctions, Wyoming Land Auctions, Idaho Land Auctions, South Dakota Land Auctions, North Dakota Land Auctions, Nationwide Land Auctions, Real Estate Auctions