BENEFITS TO THE SELLER

-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