AUCTION SERVICES

AUCTION SERVICES

SUCCESSFUL AUCTIONS:

Most properties can be sold by auction, including residential, commercial and vacant land. 

Estate liquidation or Partition Sales:

When heirs or partners cannot agree on a fair price or they want to dispose of property quickly, an auction may be the best marketing option.

SLOW MARKETS:

Sellers, builders and developers can use auctions as a way to shorten the marketing time for a property or properties and reduce carrying costs in slower markets.

APPRAISAL PROBLEMS:

If the appraised value of a property is difficult to determine, an auction can be used to ensure the property sells for its fair-market value.  Fair market value at an auction is defined as the highest price that someone is willing to pay for the property.

OUT-OF-THE-WAY LOCATIONS:

If a property is located in an out-of-the-way area or is difficult for potential buyers to find, the auction method can provide a high-profile marketing program that draws attention to the property.

FINANCIAL PROBLEMS:

An auction may be the answer when the seller needs quick cash, is considering bankruptcy or wants to buy another property but must sell his current property quickly to finance the new purchase.

SUPPLY EXCEEDS DEMAND:

When there are more properties than there are buyers, an auction may draw the largest possible number of interested buyers.

THE SUCCESS OF AN AUCTION:

The success of an auction is impacted by several components and factors:

A seller with realistic expectations, including a fair sales price, terms and timing.

A property that is desireable in terms of locations, condition and the value of surrounding properties.

The type of auction chosen best suits the sellers needs and the property.

A well-planned, aggressive marketing and advertising campaign targeted to the right group of prospective buyers.

A recognized REALTOR-auctioneer is retained to ensure the auction is conducted in a professional manner and followed up through closing.

Preparation of the property for sale so it can be presented in its best condition:  Title insurance, clean up and painting, financing available, etc.

Northern Realty and Land, LLC has associated with BADGER REAL ESTATE & AUCTION SERVICE, doing auctions since 1994 including consignment auctions, estate auctions, farm auctions, commercial auctions, and real estate auctions.    AUCTIONEER-CURT AUCK-REG. WI AUCTIONEER # 118 has been doing auctions since 1979.

Give us a call today to arrange for an appointment to discuss how this service might be beneficial to you!

Contact-John C. Francis

Office-715-276-2301

or

1-866-262-0597