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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
A free Tool for Commercial Real Estate Professionals
- We are paid by the buyer and do not touch your commission.
- We will catapult your property beyond the local market and onto a global stage.
- Auctions generate 10x more leads than a traditional sale and are yours to keep.
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- A dedicated auction specialist is at your side and handles all the heavy lifting.
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NOTEWORTHY SALES
- 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.
- ±20,000 SF telephone switching station
- On the market for 2 years before FRE
- 3 cycles of marketing campaign
- Sold w/no reserve & higher minimum bid
Data Center Building | Long Beach, California
For more than two years, this ±20,000 SF former telephone switching station in Long Beach, CA, languished on the market until the co-brokers from prominent brokerages turned to FRE and their auction marketing program. The seller advanced a modest advertising budget, and 45 days later, after showing the property numerous times, the sealed bids submitted were not acceptable to the sellers and FRE suggested that we “roll†the campaign. The second time around, the property showed several times - the end result was the same. FRE didn’t give up and proposed changing the format to a “no reserve†with a higher minimum bid. The third time was a charm. An owner/user buyer’s bid was accepted and 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.
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