Explore the Auction Option

Slides:



Advertisements
Similar presentations
NATIONAL AUCTIONEERS ASSOCIATION Selling Real Estate at Auction.
Advertisements

Gracious Living Realty REO & HUD National Sales Program.
Welcome to Real Estate Industry As Singapores real estate industry develops in sophistication, there is a need for training real estate salespersons to.
1 4. Getting Started in Real Estate Auctions Finding real estate auction properties and firms Working with real estate auction firms.
Chapters 13 & 14: Brokerage Real Estate Principles: A Value Approach Ling and Archer.
© OnCourse Learning Chapter 19 : Licensing Laws and Professional Affiliation.
Regional Master Franchise Opportunity. A Florida, USA based Regional Master Franchise/Unit Franchise Company in the Home Inspection industry Demand for.
Auction Method of Marketing Presentation “New Beginnings Start with Me” John F Palinkas III.
© OnCourse Learning Chapter 20 : The Principal-Broker Relationship: Employment.
© 2010 by Cengage Learning Chapter 19 ________________ Licensing Laws and Professional Affiliation.
How I Will Help You SELL Your Home. The Four P’s Critical Elements for a Successful Sale PROPERTY PRICE PROMOTION PREPARATION FOR CLOSING.
Above the crowd! “The Potts Team” multimillion dollar club Roland and Marilyn C. Potts Broker-associate Roland and Marilyn C. Potts Broker-associate.
Lender Partnership Program. The Program Make Money as Our Partner in 2 Ways Earn 1% of property purchase price by referring us clients that cannot qualify.
Selling Real Estate Using the Auction Method National Auctioneers Association.
Real Estate Principles Tenth Edition Real Estate: An Introduction to the Profession Tenth Edition.
Real Estate Broker? -Brandon Sacia. What is Real Estate Broker? A real estate broker or real estate agent is a person who acts as an intermediary between.
Chapter 6 Sourcing. Objectives After reading the chapter and reviewing the materials presented the students will be able to: Explain the difference between.
HED 460 Pricing Feasible to test new pricing models Traditional price setting is being modernized due to information availability Internet reduces transaction.
Total Short Sale Solutions How You Can Get Your Short Sales Done For You & Get Full Commission Today.
Ethics Citation Policy Know the Rules and Save the Fines.
Buying Real Estate at Auction: Tips, Truths and Tools.
© 2012 Cengage Learning. The Principal–Broker Relationship: Employment Chapter 19.
The fastest growing segment of the auction industry Residential real estate sold at live auction grew 5.3 percent from 2006 to 2007.
The VIP Buyer Program Elite RE Team TOWNHOMES AND CONDOS RESIDENTIAL NEW CONSTRUCTION INVESTMENT PROPERTY.
1 Introduction to Real Estate Auction A program by the National Association of REALTORS®
“A Fast Sale at a Fair Price” (772)
Your #1 Source For Real Estate Real Estate Source, Inc Iron Point Rd. Folsom Ca BREL# ***Your Name HereRealtorPhone:*************Fax:************* Your.
AUCTION MARKETING PROPOSAL FOR: P ROPERTY N AME. EXECUTIVE SUMMARY OBJECTIVES To sell at Public Auction the property located at (describe assets) The.
Chapter 12 Real Estate Brokerage and Listing Contracts
Dickerson & Nieman OUR PLAN TO LIST AND SELL YOUR HOME
1. Real Estate Auction: The Opportunity
Dickerson & Nieman OUR PLAN TO LIST AND SELL YOUR HOME
Prepared for: Amy Chow Property: 32 Hill St . Unit 301
Real Estate Rewards Program Real Savings on Real Estate
B2B E-Commerce Chapter 2.
Making Properties Stand Out From The Competition!
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
Making Properties Stand Out From The Competition!
A GUIDE TO SELLING YOUR HOME.
Selling Your Home Made Easy
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
The Advantages of Buying at Auction
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
Commission Rate Strategies
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
A Home Protection Plan and Multiple Offers
Agenda Xome® Evolution 2018 Year in Review 2019 Outlook Xome Packages
Presentation transcript:

Explore the Auction Option How realtors and auctioneers can team up for success

Selling Property Through Auction Means. . . Quick Turnaround Time No Contingencies A Good Commission Atmosphere of Excitement

Real Estate Auctions are Growing

Auction Industry Research Study Total Auction Revenues: $270.7 Billion

Benefits of Auctioning Real Estate Top 10 List

Top 10 List 1. The ability to differentiate listings and make the property stand out amid rapidly increasing numbers of available properties in the marketplace.

Top 10 List 2. The ability to reach the true value of the property.

Top 10 List 3. The elimination of property showings.

Top 10 List 4. The ability to sell real property “as is, where is” with no post contract contingencies (i.e., financing, repairs).

Top 10 List 5. The ability to bring the seller pre-qualified bidders and buyers.

Top 10 List 6. The ability to bring the seller qualified and valid offers at a specified time.

Top 10 List 7. The ability to create an active bidding process vs. the passive process inherent in traditional sales approaches.

Top 10 List 8. The ability to accelerate the marketing process and eliminate carrying costs associated with stagnant private listings.

Top 10 List 9. Selling a property through auction can enhance your customer base.

Top 10 List 10. Auctions offer clients and customers new selling and purchasing options.

What Type of Real Estate Should Be Sold at Auction?

Selling the Seller Education Quote Industry Statistics Dispel Misconceptions Quote Industry Statistics Explain the Auction Process

Traditional vs. Auction Marketing Real Property – Benefits to the Seller Traditional Listing Auction Listing Differentiation Listed with other offerings Focus on each property separately Value Price is negotiated down Price is negotiated up After the Sale Post contract contingencies Sold “as is, where is” Pre-Qualification of Potential Buyers May be contingent on financing All bidders are pre-qualified Presenting the Offer Each offer negotiated over time Multiple offers negotiated at once Process Passive Active Time Variable Fixed

Consumers Respect Auctioneers Categorized as. . . Professional Knowledgeable Friendly Respectful Trustworthy Refined

Teaming Up with an Auctioneer Consider current alliances Ask for referrals

Team Up with an NAA Auctioneer Go to www.auctioneers.org for a list of auctioneers NAA members are committed to excellence and fairness NAA members abide by a code of ethics that protects consumers against unfair business practices NAA offers the Accredited Auctioneer Real Estate designation

Impacting Your Bottom Line

Impacting Your Bottom Line Earn Commissions as a. . . Referring agent/broker Cooperating agent/broker Listing agent/broker

Benefits of Teaming Up for Success Expand the base of business for both organizations Accomplish the seller’s goal Provide diversification in the marketplace Strengthen consumer confidence Breathe new life into the real estate market Create a win-win situation for both the auctioneer and the broker

Explore the Auction Option