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1. |
Auctions are fair and
transparent.
The terms are the
same for everyone, the playing field
is level and there are no
behind-the-scenes deals. |
|
2. |
Everyone has an equal
chance to buy.
Each bidder receives the same
information about the property and
everyone has an equal chance to buy
the property. |
|
3. |
Annoying,
time-consuming negotiations and
delays are eliminated.
You name your own price. The
stressful and sometimes endless
offer-counter-offer process is
eliminated. |
|
4. |
Auctions are
predictable.
An auction happens on
a known date with a known closing
date that you can plan around. |
|
5. |
Buyers can make good
investments.
The winning buyer
knows they are getting the property
at a fair market price set by public
bidding and that someone else was
willing to buy the property for only
one bid increment less.
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