Why Steve Long Auctions?

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By revealing all bids, open bidding simplifies the buying process, letting contenders know exactly where they stand. This strategy is especially advantageous for buyers at the edge of their financial limits, providing a fair chance without the risk of blindly overbidding.

By making offers visible, open bidding helps avoid the emotional pitfalls of overbidding, safeguarding buyers from paying too much and suffering buyer’s remorse.

We minimize unnecessary communication, allowing sellers to be upfront about their price and conditions, and giving buyers a clear target for their offers. Immediate transparency means quicker buyer reactions and less anxiety when buying your dream home.

How can an Auction benefit you and why an auction could be the best way to sell property? Well, there are a number of reasons:

                                      Quick Turnaround

• It’s fast and efficient, an auction is immediate. 
• You are in control. You set the Time and Place of Your Sale. It’s as simple as that.
• Serious Buyers who attend Auctions come with cash in hand ready to buy.  The Buyer is ready to spend his money on your property.
• A Fixed and Limited time you have strangers in your home.  You usually do not have last minute showings or unscheduled drop in’s to interrupt your busy schedule.

                                            Competition

• With often multiple bidders battling for the winning bid, an auction creates an atmosphere that can maximize the possibility of getting top price for your property.  
• Auctions have proven to be successful in both up and down economies. No matter what the economy there are always going to be buyers and sellers. 
• Bottom Line.  You have to make sure you get qualified buyers to view your property.  That is what we do for a living. We can help get that done for you. 

ARE YOU READY TO LIST YOUR PROPERTY TO SELL AT AUCTION? 

Booking an auction with Steve Long Realty & Auction is easy, fast and most of all we can come to you. We are ready to help you prepare for a successful auction. Below are a few things you will need to consider before we schedule our meeting.

• What date will work for you?

Keep in mind we need a minimum of 30 days to get all advertising designed and scheduled, with 45 to 6 months being best.

• What is my target price? 

This is the price you hope to get for your property.

• What is my bottom price?

This is the price you are willing to accept to sell your property. Keep in mind, you want to sell your property and if we have a buyer who wants to buy your property and has the financial capability to do so, you need to be ready and willing to act on that.

An Absolute auction means that you are going to sell your property on the day of the auction. This means there is no “Reserve Price”. Advertising costs vary depending upon the type of auction, value of your property and of course location of your property.

A “Reserve Auction” is an auction that has a reserve price set prior to auction day. This reserve price is a confidential price that will not be advertised or discussed with the public. This confidentiality is an absolute must. In most cases, we, the auction team,  want to know your reserve price. We do need to know the target price to help us determine if you are pricing the property at a competitive price. In our current economic conditions, if you are not competitive with comparable properties, you are very likely not going to get an acceptable bid on auction day. Advertising costs vary depending upon the type of auction, value of your property and of course location of your property. 

Cooperating brokers or agent participation is welcome on most of our auctions. 

NOTE: All cooperating brokers must register with the Principal Auctioneer or Principal Broker no later than 48 hours before commencement of said auction.

Call our Auction Team today to schedule your FREE and Private appointment to discuss how Steve Long Realty & Auction can make a difference for you.