Land Auctions were perceived as the last resort of desperate property owners and developers but have fast become an acceptable and more often than not the preferable sales strategy according to real-estate experts.
The land real-estate market adjustment has left Virginia blanketed with for-sale signs where anxious sellers are turning to the tried, true and proven auction method to attract buyers to their properties.
According to auctioneers, real-estate agents, developers and the buyers themselves, the strategy is working better than anyone expected.
For land owners the auction method creates a vigorous market of consumers filled with a sense of excitement, competitive attitude with an urgency to buy.
The buyers at auction have an opportunity to purchase property at true market conditions. Thus, a win-win situation is created because of knowing when the property will sale, the real estate owner can budget accordingly without the worry of carrying the substantial costs of owning real-estate.
More and more brokers/agents and developers are seeking auctioneers more out of arrangement than desperation.
Land real-estate in the past, was sold at auction only when circumstances like imminent foreclosure or bankruptcy necessitated an immediate sale. As a result, auction sales acquired a negative connotation. However, in the last year and a half, an increasing number of land auctions have been conducted with the objective of being avoiding or minimizing potential losses rather than as final acts of desperation. For example, an owner of land could have their property languish on the market for months or more using a broker and/or realtor costing thousands in interest and taxes.
We at Virginia Real Estate Auction work with our clients to make sure that each step of the land auction process will bring the highest return on their assets. Let VA Real Estate Auctions show you how we work to bring in the highest returns and use technology to effectively market and sell your real estate with targeted market research, descriptive listings with professional photography, online auction bidding
with the best customer service.
Contact us
and find out more information about how we can provide you with the auction services on a timetable that meets your requirements and best suit your needs. We'll discuss your commercial and/or industrial business needs and do a preliminary assessment
of whether your business is a good candidate for a VA Real Estate Auction.
If your real estate land appears to be a suitable candidate and it is your best interest, we will send our experienced auction
marketing specialists to visit the property
and learn about how we can make certain your hope by faith thru grace meeting your needs and expectations. This allows us to begin preparing a preliminary strategy for marketing and selling the assets of your business.
After the visit and in-depth evaluation are completed, our marketing team will develop a campaign specifically designed to market your land. This will come to you in the form of a proposal, which will include a detailed media plan for advertising in venues that will maximize the value and provide you the best results for your land.
Once you have approved the plan we will meet with you to discuss our VA Real Estate Auction agreement, our team of professionals will begin putting the campaign into action. The Virginia Real Estate Auction project manager will be your single point of contact and serve as a liaison to our entire team of professionals. The project manager will visit your property so that he or she can provide our marketing specialists with all of the information needed to carry out a successful campaign. During the marketing campaign, brochures, advertisements, web marketing and other media will saturate the appropriate target market. Every detail, from legal work to signs, will be carefully implemented to ensure a smooth and successful sale. Throughout the entire campaign, you will be provided with weekly update reports that track our progress.
These efforts will culminate with the VA Real Estate Auction event. On sale day, bidders will begin registering a few hours before the designated auction time. VA Real Estate Auction bid assistants will circulate among the bidders to answer questions before the auctioneer explains the terms of auction. Before the live auction
begins, the auctioneer
will provide an example of the bidding
process to familiarize the audience with bid calling. From start to finish the VA Real Estate Auctions team will be working with your best interests in mind doing everything possible to help you get the greatest return on your assets.
To begin the process call us at 814-331-0434 or
toll-free 866-630-4084 or send us an e-mail by Clicking Here.