In 2006 over $16 Billion worth of Residential Real Estate was sold at Auction. Auctions are proving to be a method that is exciting and effective for both the buyer and seller. Are you in the right situation for an auction?

Benefits of Auctioning Real Estate:

• Three Licensed Real Estate Agents: Tanner Hernandez, Sylvia Crockett, & Staci Hernandez.
• Individualized marketing plan for each property with multiple people working to promote and sell your property
• The property stands out from others on the market
• Fast turn around time
• Limited holding costs (property taxes, upkeep) and the ability to reinvest the money
• Ability to set your own terms and conditions
• Auctions can be conducted on site or in a ballroom setting
• All paperwork and legal issues are taken care of by the auction company
• The date for auction is set; so all buyers have the same opportunity to prepare
• Allows for potential buyers to inspect the property, ask questions, and make financial arrangements
• Writers of price guides get their values from auctions. Auctions are a proven method for setting market value in the stock market, automobiles, internet, cattle, antiques, and other commodities.
• The seller can reserve the right not to accept an unreasonably low price
• Receive fair prices for properties offered

Why Choose Prime Time Auctions Inc.?

• We work with top Real Estate Agents and Companies
• We are Licensed, Bonded, & Insured
• We have over 10 years of Real Estate auction experience
• Professional Award Winning Advertising, 7 years in a row
• Our full time staff will help solve any problems, and take care of the details
• We are happy to do or arrange for physical repair to the property; such as painting, yard work, new carpet, property surveys, plumbing, heating, and other work that would increase the value of the property
• We combine the latest marketing trends with traditional advertising techniques
• Our team enjoys the excitement and people oriented atmosphere

Auctioning Property Makes Sense When:

• Other assets can be liquidated at the same time
• Courts or Estates need a open method that treats everyone fairly
• A quick sell is needed
• The property is vacant
• The owner is willing to take an investors price; although we will still work to attain the highest possible price
• There is a large property that should be split into parcels
• It is a unique and hard to appraise property
• Entire estates are involved
• High demand might exceed the appraised value

How Auctions Are Different From Traditional Sales:

• The word "auction" means opportunity to buyers, often resulting in increased buyer participation
• Some Realtors list property lower than market value to ensure it will sell
• There never is a question of the property being priced too low, the price is set by the market
• More thorough marketing than traditional Real Estate sales
• Setting your own terms substantially reduces haggling over details
• The best alternative to traditional Real Estate sales

Absolute vs. Reserve

All Auction Companies are not the same. It takes years to learn the right process. Special schooling, actual Real Estate auction experience and staying current on the latest marketing trends are what Prime Time Auctions has to offer.

The day of the auction is only a portion of what goes into an auction. Most of the activities take place behind the scenes which makes the events run smooth and efficient.

For Free information straight from the National Association of Realtors (NAR) call 312-329-8495