Seller Benefits
- Buyers come prepared to buy
- Quick disposal reduces long-term carrying costs, including taxes & maintenance
- Assurance that property will be sold at true market value
- Exposes the property to a large number of pre-qualified prospects
- Accelerates the sale
- Creates competition among buyers–auction price can exceed the price of a negotiated sale
- Requires potential buyers to pre-qualify for financing
- The seller knows exactly when the property will sell
- Eliminates numerous and unscheduled showings
- Takes the seller out of the negotiation process
- Ensures an aggressive marketing program that increases interest and visibility
Buyer Benefits
- Smart investments are made as properties are usually purchased at fair market value through competitive bidding
- The buyer knows the seller is committed to sell
- In multi-property auctions the buyer sees many offerings in the same place at the same time
- Buyers determine the purchase price
- Auctions eliminate long negotiation periods
- Auctions reduce time to purchase property
- Purchasing and closing dates are known
- Buyers know they are competing fairly and on the same terms as all other buyers
- Buyers receive comprehensive information on property via due diligence packet
Realtor Benefits
- Generates a list of ready, qualified buyers
- Offers clients and customers new selling and purchasing options
- Increases revenue and market share
- Develops your own market niche
- Assurance that property will be sold at true market value
- Property is sold within a relatively short period of time
- Exposes the property to many potential purchasers
- Auctions bring people in to look at all your listings, not just the auction listing
- Successful auctions result in referrals and return business
- Agents can earn commissions as referring agent/broker, cooperating agent/broker, or as the listing agent/broker
Upcoming Auctions
208 Robinson Street
Simulcast Auction
Tue, Jun 14,
11:19 PM
Thu, Jun 30,
12:29 PM
US/Central
Thu, Jun 30, 12:29 PM US/Central
Burnout Home Auction with On-Site Auction June 30, 2022 @12:00PM.
1005 Hermitage Avenue
Simulcast Auction
Tue, Jun 14,
11:24 PM
Sat, Jun 25,
10:30 AM
US/Central
Sat, Jun 25, 10:30 AM US/Central
Simulcast auction with On-Site Auction June 25, 2022@10:00 am
4401Millvale Drive
Simulcast Auction
Sat, Jun 18,
1:41 PM
Tue, Jun 28,
6:30 PM
US/Central
Tue, Jun 28, 6:30 PM US/Central
Court Ordered Estate Auction with Live On-Site Auction June 28, 2022 @ 6:00 PM
252 North Greenway Drive
Simulcast Auction
Tue, Jun 14,
11:30 PM
Thu, Jun 30,
6:30 PM
US/Central
Thu, Jun 30, 6:30 PM US/Central
Living Estate Auction with On-Site Auction June 30, 2022 @ 6:00 PM.
276 North Greenway Drive
Simulcast Auction
Tue, Jun 14,
11:34 PM
Thu, Jun 30,
6:30 PM
US/Central
Thu, Jun 30, 6:30 PM US/Central
Living Estate Auction with On-Site Auction June 30, 2022 @ 6:00 PM.
Harley Davidson 1995 Softail and Harley /After Market Parts
Online Auction
Mon, Jun 13,
8:00 PM
Thu, Jun 30,
9:00 PM
US/Central
Thu, Jun 30, 9:00 PM US/Central
Harley Davidson Softail, OEM/After Market Parts
139 Lincarrie Lane
Simulcast Auction
Sat, Jun 18,
1:51 PM
Sat, Jul 9,
10:30 AM
US/Central
Sat, Jul 9, 10:30 AM US/Central
Auction with Live On-Site Auction July 9, 2022 @ 10:00 AM
13685 Highway 231/431
Simulcast Auction
Fri, Jul 15,
12:00 PM
Fri, Jul 15,
12:30 PM
US/Central
Fri, Jul 15, 12:30 PM US/Central
Commercial Auction with Live On-Site Auction July 15, 2022 @ 12:00 PM.
194 Matts Way (Lot)
Simulcast Auction
Fri, Jul 15,
12:00 PM
Fri, Jul 15,
12:30 PM
US/Central
Fri, Jul 15, 12:30 PM US/Central
Land Auction with Live On-Site Auction July 15, 2022 @ 12:00 PM.
7700 Charlotte Drive
Simulcast Auction
Sat, Jul 16,
10:00 AM
Sat, Jul 16,
10:30 AM
US/Central
Sat, Jul 16, 10:30 AM US/Central
COURT ORDERED ESTATE AUCTION with Live On-Site Auction July 16, 2022.
Cole Auction
1580 Sparkman Drive, Suite 102
Huntsville, Alabama 35816
Phone: (256) 837-0701
Fax: (256) 837-3830
Auctioneer Licensing
Cole Auction Liquidators
AL #284
Cole Properties and Auction
AL #120