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AUCTIONS DESIGNED BY BROKERS FOR BROKERS
DESIGNED BY BROKERS FOR BROKERS
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FOUR SITUATIONS WHERE AUCTIONS OFFER THE MOST VALUE:
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Top of the Market
Allows buyers to competitively bid, often above the list price.
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Declining Market
Deepens the pool of buyers and provides sellers with a real-time appraisal.
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Unique Properties
Like a famous work of art, property value can be subjective. Buyers name their price and fight for the property.
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Difficult to Value
Let the market speak through competitive bidding to achieve a true market valuation of your property.
NEVER LOSE A LISTING®
Don’t ever walk away from a listing again. Auctions reenergize your listing and shine a spotlight on your property. We will conduct an online presentation and design a customized auction-marketing proposal for your seller.
START TO FINISH IN LESS THAN 90 DAYS
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NOTEWORTHY SALES
- 6-acre parcel of commercial dev. land
- High interest rates w/14 registered
- Final bid way above seller expectation
- Sale closed all cash in 30 days
Commercial development land | Edinburg, TX
This auction featured a 6-acre parcel of commercial development land in Edinburg, TX, close to the US/Mexico border. The seller was very motivated and agreed to set a very low minimum bid in the interest of attracting potential buyers and allowing them to determine the market value through FRE’s competitive bidding process. The advertising campaign achieved high click-through rates including 14 registered bidders who competed for the property. The auction ended with a final high bid that far exceeded the seller’s expectations, and the sale closed all-cash in 30 days.
The Claiborne at McComb
This Online Auction Plus event was for a newly-constructed, Class A 78-unit assisted living and memory care facility within an Opportunity Zone in McComb, MS. Consisted of 54 assisted living units, 24 memory care units with 83 assisted living beds (59 assisted living and 24 memory care). On a ±9.12 acre site with room for expansion, and the facility offers best-in-class amenities and has been recognized for its open and modern design.
- Summerside shopping center
- Multi-tenant, partially-leased
- Over 4,000 interested & 21 registered
- Seller impressed w/ amount of interest
Retail Center | Cincinnati, Ohio
Summerside Center, a multi-tenant, partially-leased shopping center in Cincinnati, OH, had been on the market for a considerable amount of time when the seller realized that an auction was most likely the best way to find a buyer. The combination of signage and an extensive web banner campaign on Cincinnati.com delivered over 4000 hits to the property web page and 21 registered prospects. The property never had so much interest and the seller was thoroughly impressed with the effectiveness of the auction campaign to generate qualified prospects.
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