1. First and foremost, there are great financial savings for you as a seller. Fladeboe Auctions sells Real Estate at auction with a "buyer's premium". This means the buyer pays the Real Estate commission rather than the seller. Buyer's premium is the method of commission payment at most Real Estate auctions across the country.
   
   
2. Second, the competition created by public auction provides a great advantage! With traditional Real Estate, if two or more buyers were interested in your property at the same time, the seller/agent could not legally discuss or disclose what each was offering. At public auction, all offers are verbal and public, and fair market value is determined on the spot. The open, competitive bidding can drive the price up and give you the best chance to sell your property for the highest price that buyers are willing to bid on that given day.
   
   
3. Marketing a property for public auction means exposing it to thousands of people at one time, whether they are looking for property or not. This extensive high-impact advertising and marketing blitz includes sale bills, newspaper ads, signs, multiple web sites, direct mail, telemarketing and more.
   
   
4. At public auction, Real Estate is sold "as is" and with no contingencies. These requirements and a significant earnest money check assures the seller a strong purchase agreement.
   
   
5. A great sense of urgency is created by the auction sale date. If a buyer is truly interested, they must be prepared to purchase on the day of the auction. As a seller, you choose a convenient date your property will most likely sell.
   
   
6. Auctions are social events and people will attend! When you choose to sell your Real Estate by public auction you know that you have the best chance to let the "free market enterprise system" work to determine the highest dollar value for your property.

There is nothing like the auction method of marketing!