Buyer Information

Why buy at Auction?

The buyer knows the seller is committed to sell. Auctions can eliminate the long negotiating period and can reduce the time to purchase, and as a buyer you have the ability to name your own price. You are controlling the transaction so you can bid at the level you feel comfortable. Plus auctions set “fair market value” because something is only worth what someone else is willing to pay for it. So very often buyers walk away knowing that they have just purchased an asset that has value.

BENEFITS TO THE BUYER:

  • The buyer knows the seller is committed to sell.
  • Assurance of a clean title at closing, with no liens or back taxes.
  • Buyer knows they are negotiating fairly and on the same terms as all other buyers while they openly compete with one another.
  • Buyers determine the purchase price.
  • Auctions eliminate long negotiation periods.
  • Purchasing and closing dates are known and advertised.
  • Auctions reduce time to purchase property.
  • Buyers receive comprehensive information on property via due diligence packet.
  • Bidders control their own price.
  • Ample opportunity to inspect properties and receive full disclosure.
  • Smart investments are made as properties are usually purchased at fair market value through competitive bidding.

The Superior Auction Group team of auctioneers and Realtors are available to assist in your buying selling needs today. Please call us at (614) 273-7778 or email us at info@superiorauctiongroup.com.

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