Understanding the Buyer’s Premium

  In some auctions, a buyer’s premium is included as a fee that the winner of the auction pays on top of the hammer price (or the final auction price) to the auction house. It’s usually a percentage fee, ranging anywhere from 12 percent to 25 percent, and most auction houses that regularly charge buyer’s… Read more »

Going Online May Maximize Your Auction Profits

No matter what you are trying to sell, auctioning it off may actually be your best option. Whether you’ve never auctioned anything before or it’s been a while, you may be wondering where and how exactly to begin. In today’s tech-savvy world, going online with your auction may actually be the best option and may… Read more »

Tips for Buying an Auction Home

There are plenty of reasons why buying a house at auction is a good idea, but we understand many people may be unfamiliar with the process. Any home purchase is a huge investment, and the proper research should always be done before finalizing a sale. From tax concerns to uncovering potential hidden faults in a… Read more »

Ready to Move? Consider Selling Your Property at Auction!

Anyone who’s ever sold their home knows that it can be a stressful, difficult and downright expensive process. Following the burst of the housing bubble in 2007 it became especially challenging for people to turn a profit on homes on the open market. Some homes sat on the market for years, depreciating in value and… Read more »

Real Estate a Commodity Market

Real estate and auctions are a tough business, as they depend on a fluctuating economy and people’s faith in the market. Sometimes that faith is shattered and people shy away from making smart investments in favor of playing it safe due to the possibility of risk.   For the past few years, many attribute this… Read more »

Buying a Home at Auction

Real estate auctions provide an alternative means of property acquisition to the traditional real estate agent-buyer/seller dynamic. Many real estate investors will only buy at auction, citing the advantages for both buyers and sellers. For starters, bidders determine the property selling price. This subsequently determines the true real estate value and is a good reflection… Read more »

What to Look for in an Income Property

When in the market for income property, there are many points to consider before signing a purchase agreement and committing to a years-long mortgage. But there is one item to always remember; you want an income property to function as a steady source of income. To achieve a consistent income stream, factors such as curb… Read more »