Tag: auction tips

Reasons to Sell at Auctions

First, they’re popular. In fact, they’re a form of entertainment, as people flock to auctions to see what’s available and, in essence, “dream big.” For instance, going to an auction is somewhat like going to a casino. With a little investment, a person could, conceivably, “win big.” With a casino, they win a jackpot of… Read more »

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 »

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 »

Preparing for Real Estate Auction Day

For anyone that is selling property in an auction, it can be stressful. If you have never done it before, there can be a lot of questions that you might have about the process and what to expect. Here you can see we have broken it down to a couple stages. Before the Auction Make… Read more »