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
1902 Parkhill Road
Simulcast Auction
Sun, Mar 5,
6:00 PM
Tue, Mar 21,
6:30 PM
US/Central
Tue, Mar 21, 6:30 PM US/Central
Auction with LIVE ON-SITE Auction held Tuesday March 21, 2023 @ 6:00 PM CST. PRE-BIDDING now available online!
120 Alex Lane
Simulcast Auction
Mon, Feb 27,
6:00 PM
Thu, Mar 23,
6:30 PM
US/Central
Thu, Mar 23, 6:30 PM US/Central
Court Ordered Estate Auction with LIVE ON-SITE Auction held Thursday, March 23, 2023 @ 6:00 PM CST. PRE-BIDDING now av...
2.8 Acres Highway 72 East
Simulcast Auction
Mon, Mar 6,
12:00 PM
Fri, Mar 24,
12:30 PM
US/Central
Fri, Mar 24, 12:30 PM US/Central
Land Auction with LIVE ON-SITE Auction held March 24, 2023 @ 12:00 PM CST. PRE-BIDDING now available online!
517 Walnut Street
Simulcast Auction
Thu, Mar 9,
10:00 AM
Sat, Mar 25,
10:30 AM
US/Central
Sat, Mar 25, 10:30 AM US/Central
Living Estate Auction with LIVE ON-SITE Auction held Saturday, March 25, 2023 @ 10:00 AM CST. PRE-BIDDING now availabl...
1369 Carroll Road
Simulcast Auction
Mon, Mar 6,
10:00 AM
Sat, Apr 1,
10:30 AM
US/Central
Sat, Apr 1, 10:30 AM US/Central
Court Ordered Estate Auction with LIVE ON-SITE auction held Saturday, April 1, 2023 @ 10:00 AM CST. PRE-BIDDING now av...
2208 Annandale Road SE
Simulcast Auction
Mon, Mar 20,
6:00 PM
Tue, Apr 4,
6:30 PM
US/Central
Tue, Apr 4, 6:30 PM US/Central
Living Estate Auction with LIVE ON-SITE Auction held Tuesday, April 4, 2023 @ 6:00 PM. PRE-BIDDING now available online!
2411 Virginia Boulevard
Simulcast Auction
Tue, Mar 21,
12:00 PM
Thu, Apr 6,
12:30 PM
US/Central
Thu, Apr 6, 12:30 PM US/Central
Home Auction with LIVE ON-SITE Auction held Thursday, April 6, 2023 @ 12:00 PM CST. PRE-BIDDING now available online!!
195 Hamer Road
Simulcast Auction
Mon, Mar 6,
6:00 PM
Thu, Apr 6,
6:30 PM
US/Central
Thu, Apr 6, 6:30 PM US/Central
Development Land Auction with LIVE ON-SITE Auction held Thursday, April 6, 2023 @ 6:00 PM CST. PRE-BIDDING now availab...
816 Annlau Avenue
Simulcast Auction
Mon, Mar 6,
10:00 AM
Sat, Apr 8,
10:30 AM
US/Central
Sat, Apr 8, 10:30 AM US/Central
Court Ordered Estate Auction with LIVE ON-SITE Auction held Saturday, April 8, 2023 @ 10:00 AM CST. PRE-BIDDING now av...
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