Auctioning with Helm & Reynolds: A Win-Win
An absolute real estate auction is definitely a win-win for everyone involved. The seller disposes of properties quickly and efficiently, thereby saving long-term carrying costs such as interest, real estate taxes and maintenance. Because the auction sale is conducted in an open forum, both motivated buyers and motivated sellers will watch the property's true market value come to light as the auction progresses and closes.
ABSOLUTE AUCTION or auction without reservation. In this type of auction, the properties are sold to the highest bidder, regardless of the price.* Because of this, the absolute auction brings all interested buyers and sellers into one place at the same time for a single purpose - to determine who will pay the most for the property. Because this type of auction generates a large response, many estate properties, financial institutions and government agencies have begun to use the absolute auction more frequently.
If you are considering an auction, please contact us at (859) 332-7343. We are happy to walk you through the steps and show you the benefits.