Why Auction?
Auctions are unique in that they bring together ready, willing, and able sellers with eager buyers. Through the ages "auction" has been synonymous with bringing value.
Here are a few reasons why people decide to sell and buy at auction:
Buyers come prepared to buy.
Quick disposal of assets reduces long-term carrying costs and maintenance.
Assets are sold at true market price.
Auctions expose assets to a larger pool of qualified buyers.
Accelerated marketing period and time sensitive sale.
Creates a competitive arena – auction prices can exceed the price of a negotiated sale.
Seller knows exactly when the assets will sell.
Buyers pay real value for items
Auction takes the back and forth haggling between seller and buyer out of the process.
An aggressive marketing program increases interest and visibility.