Partnering with Realtors

REALTORS: How you get paid...

When you refer a property for auction, you earn the listing commission based on the final high bid price.

The Auction Process

  • We begin by evaluating your client’s property and meeting with them to discuss their goals and the various auction options available. Together, we determine whether the property will be sold “With Reserve” or “Absolute.”
  • Once the auction strategy is set, we schedule a date for the sale. If personal property is included, the auctioneer will decide whether it will be sold online or onsite—often coordinated for the same day as the real estate auction.
  • Our auction team then initiates a comprehensive marketing campaign. The property is promoted across multiple platforms including websites, social media, print publications, MLS, television, targeted email blasts, and more.
  • On auction day, our team arrives approx. an hour early to open the property for preview and to register bidders.
  • Following the sale, your auctioneer will stay in close communication with you (the referring agent), as well as the seller, buyer, and closing company to help ensure a smooth and successful closing.

Factors that Impact the Success of an Auction

  • Realistic Seller Expectations: The seller should have a clear and reasonable understanding of the property’s market value, including pricing, terms, and timing.
  • Property Desirability: Success is greatly influenced by location, property condition, and the value of surrounding real estate.
  • Choosing the Right Auction Type: Selecting the auction format that aligns with both the property and the seller’s goals is critical.
  • Property Presentation: Preparing and staging the property to show it in its best possible condition enhances buyer interest and confidence.
  • Strategic Marketing: A targeted, high-impact marketing campaign ensures maximum exposure to qualified buyers.

Benefits of Selling at Auction

  • Tailored Marketing Strategy: Each property receives a fully customized marketing plan designed to attract the right buyers and maximize exposure.
  • Predictable Timeline: The auction is held on a date selected by the seller, with closing typically occurring within
  • 30 to 45 days.
  • Sold “As Is, Where Is”: Properties are sold in their current condition, eliminating the need for repairs or upgrades.
  • No Contingencies: Auctions are conducted with no financing, inspection, or other contingencies, significantly reducing the risk of a failed closing.
  • Minimized Seller Liability: The seller makes no warranties or guarantees regarding the property’s condition, streamlining the transaction process.
  • Reserve Option for Added Protection: Sellers have the option to set a minimum reserve price to help ensure the property does not sell below an acceptable value.
  • iBuyers: While iBuyers may offer cash, auctions not only accelerate the sale process but also help you achieve a higher price. On average, properties sold at auction bring up to 25% more than iBuyer offers.