What is a Real Estate Auction?

A Higgenbotham real estate auction is the most innovative and effective method of selling real estate. It is an intense, accelerated real estate marketing process that involves the public sale of any type of property -- most certainly including those that are non-distressed -- through open cry, competitive bidding.

At Higgenbotham Auctioneers International we sell residential, commercial and industrial real estate at auction. Our real estate auction method is an effective tool for liquidating all types of properties, from elegant estate properties, fine homes in upscale communities, condos in peak condition, rentals and diamonds-in-the-rough that may need serious rehabbing.

The advantages of the Higgenbotham real estate auction method are many.

Benefits to Realtor & Agents

Real Estate Auctions generate a list of ready, qualified buyers Real Estate Auctions offers clients and customers new selling and purchasing options Real Estate Auctions increases revenue and market share Real Estate Auctions help develop your own market niche Real Estate Auctions bring the assurance that a property will be sold at true market value Real Estate Auction properties are sold within a relatively short period of time Real Estate Auctions expose the properties to many potential purchasers Real Estate Auctions bring people in to look at all your listings Real Estate Auctions result in referrals and return business.

Benefits to the Seller

Real Estate Auction buyers come prepared to purchase Real Estate Auctions quick asset realignment reduces long-term carrying costs, including taxes & maintenance Real Estate Auctions exposes your property to a large number of pre-qualified prospects Real Estate Auctions accelerates the sale of your property Real Estate Auctions creates great competition among buyers - auction price can exceed the price of a negotiated sale Real Estate Auctions requires potential buyers to pre-qualify for financing Real Estate Auctions are date specific so the seller knows exactly when the property will sell Real Estate Auctions eliminate numerous and unscheduled showings Real Estate Auctions take the seller out of the drown out negotiation process Higgenbotham Real Estate Auctions ensure an aggressive marketing program that increases interest and visibility.

Benefits to the Buyer

Real Estate Auctions are where smart investments are made as properties are usually purchased at fair market value through competitive bidding Real Estate Auctions the buyer knows the seller is committed to sell Real Estate Auctions allows the buyer to see many offerings in the same place at the same time during a multi-property sale In Real Estate Auctions buyers determine the purchase price Real Estate Auctions eliminate long negotiation periods Real Estate Auctions reduce time to purchase property In a Real Estate Auction scenario purchasing and closing dates are known During Real Estate Auctions buyers know they are competing fairly and on the same terms as all other buyers.