The fastest growing segment of the auction industry is in real estate auctions.
From 2003 to 2015, residential real estate auctions grew 46.6%; land and agricultural real estate auctions grew 36.3%.
Growth Rate for Residential Real Estate Auctions between 2003 to 2016
Growth Rate for Land and Agricultural Real Estate Auctions between 2003 to 2015
BENEFITS Of Choosing AUCTION to Sell your Property:
You decide the sale date and terms
You sets the date of sale, which is usually 30 to 60 days from contracting, making it more predictable. You retain control of negotiations. Property stands out.
Auction stops your holding costs
Payments like taxes, insurance, depreciation costs, and maintenance fees are ongoing but they stop once the house sells at auction.
Concentrated advertising program is used
At David Ackel Auctions, we make the auction of your home an event. Web pages, brochures, open houses, listings, email marketing and more. You name it!
Market decides price
Once we get all potential buyers together, the competitive bidding process kicks in and that is what sets the price.