Auction Method of the
Lowderman Auction Company
The Auction
Method of marketing brings all interested parties together at a
specific point in time. All bidders are put on an equal playing field,
using the same terms and conditions set forth prior to the auction by
the seller. The auction is driven by competitive bidding and is not on
a "list and wait method", that uses a per-determined, estimated and
inflated value that is open to negotiations; as well as setting a top
price for the property.
By utilizing the Auction Method of
Marketing, the SELLERS takes advantage of…
Time Efficient
|
Listing
to closing is typically 60 days or less.
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Cost Effective
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Eliminating
carring costs and holding costs and maximizing net dollars after
closing. The seller saves money.
|
Control
|
Eliminating
dealing with offers and counter offers. Terms of the sale are
pre-determined and stipulated prior to the sale
|
Market Acceptable
|
The
auction industry is a 203 Billion Dollar Industry. The Lowderman record
stands above the crowd with a 98% sales ratio, creating liquidity and
fair market value in the market place.
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Market Presence
|
Each
property is marketed above the mass of the market place.
|
By utilizing the Auction Method of
Marketing, the BUYERS can take advantage of…
Opportunity
|
Each
auction is open to the public. Each seller's motivation is absolute in
wanting to sell the property. All bidders are treated equally, with no
hidden agendas.
|
Equality
|
Each
bidder is on the same playing field using the same terms and conditions
set forth in the contract of the sale. These terms are always
pre-stipulated prior to the auction.
|
Value
|
Prices
are driven competitively, solely by the bidders. Market value is
determined by the high bid and not the estimate of others.
|
Time
|
All
property is auctioned in a timely manner. Each bidder comes to a
Lowderman Auction and bids with confidence knowing the high bidder will
be the new owner.
|
Market
Acceptable
|
More
and more people are attending and buying at auction than ever before.
Buyer's confidence has risen and buyers have attended a Lowderman
Auction knowing the property will be sold. The auction is the best
appraisal.
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