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REAL ESTATE AUCTIONS: THE BASICS & BENEFITS

Looking for information about real estate auctions? Read this entry and search for others! Included in this entry:
What is a Real Estate Auction?
How will auction benefit me?
Benefits to the Seller, Buyer, and Real Estate Agent/Broker

Q. What is a Real Estate Auction?
A. A real estate auction is an innovative and effective method of selling real estate. It is an intense, accelerated real estate marketing process that involves the public sale of any property -- most certainly including those that are nondistressed -- through open cry, competitive bidding.

Q. How will auction benefit me?
A. The real estate auction is a win-win proposition for everyone involved.

BENEFITS TO THE SELLER:
* Buyers come prepared to buy
* Quick disposal reduces long-term carrying costs, including taxes & maintenance
* Assurance that property will be sold at true market value
* Exposes the property to a large number of pre-qualified prospects
* Accelerates the sale
* Creates competition among buyers - auction price can exceed the price of a negotiated sale
* Requires potential buyers to pre-qualify for financing
* The seller knows exactly when the property will sell
* Eliminates numerous and unscheduled showings
* Takes the seller out of the negotiation process
* Ensures an aggressive marketing program that increases interest and visibility

BENEFITS TO THE BUYER:
* Smart investments are made as properties are usually purchased at fair market value through competitive bidding
* The buyer knows the seller is committed to sell
* In multi-property auctions the buyer sees many offerings in the same place at the same time
* Buyers determine the purchase price
* Auctions eliminate long negotiation periods
* Auctions reduce time to purchase property
* Purchasing and closing dates are known
* Buyers know they are competing fairly and on the same terms as all other buyers
* Buyers receive comprehensive information on property via due diligence packet

BENEFITS TO THE REALTOR®:
* Generates a list of ready, qualified buyers
* Offers clients and customers new selling and purchasing options
* Increases revenue and market share
* Develops your own market niche
* Assurance that property will be sold at true market value
* Property is sold within a relatively short period of time
* Exposes the property to many potential purchasers
* Auctions bring people in to look at all your listings, not just the auction listing
* Successful auctions result in referrals and return business
* Agents can earn commissions as referring agent/broker, cooperating agent/broker, or as the listing agent/broker




Let Sutherland Auction.com, LLC market your real estate. The seller can set the acceptable sale price and the auction method will create urgency for the potently buyers to see and bid on your property.


You know the three rules of Real Estate: "Location, location, location"

We'll add: "View, View and View"

Then you have a description of this home for sale by owner:

N3070 Hwy. 89, Jefferson, WI 53549 

Hilltop home. Large sunny rooms, beautiful views from every window. Quality custom home. 3 bedrooms, 2.5 baths. App. 3,458 sq. ft. 2.6 acres. Room for 2 horses. Cross-fenced pasture.  Spacious recreation room with second kitchen, bath, fireplace and patio. Other uses: an “in-law” apartment, guest area or office.
  

Zoned A-2 Agriculture

See Pictures Below

Great Location: 1 mile north of Fort Atkinson on Hwy. 89 (Main Street) and 3 miles southwest of Jefferson. Fort Atkinson is rated: "Best small town to live", Money Magazine), and is 30 miles from Madison, (Rated in top 10 cities to live in US),  50 miles (1hr.) from Milwaukee, WI and 1.5 hours from Chicago, IL.

Tax Appraisal: $251,300

Comparable Home Sale Average is $94.86 per sq. ft.

Approximate Square Footage of Living Area +3,485

PROPERTY INFORMATION

 Category: Single Family / Residential        Bedrooms: 3

 County: Jefferson, Wisconsin                     Baths: 2.5

Tax Pin #: 01406142841002                       Kitchens: 2

2007 Taxes: $3,874.70                              Fireplaces: 2

Zoning: Agriculture                                      Flooring: Carpet & Tile

Lot size: +2.61 acres                                    Lower Level: Finished/Walk out

School District: Fort Atkinson                    Appliances Included: * New 1999

Year build: Approx. 1969                                Refrigerator *

Building Type: Custom Tri-level                      Range/Oven (2) *

Garage: Attached, 2 Car (over-sized)               Microwave *

Water: Deep Well                                           Dishwasher (2) *

Water Softener: Rented                                Disposal HD

Central Air Conditioned - 2007                       Central Heating - Gas - 2007

Waste Svc.: Private Septic                   Assessed Tax Value 2007: $251,300

Energy: Electric & Gas                        Square Footage: Approx. + 3,458

Exterior: Brick & Cedar                  Comparable Sales, 2007: $94.87 sq. ft.

Roof: Composition installed 1998       Attic insulation: 10" added 2007  

Asking Price: $312,500

Occupancy: At Closing

VERY NICE HOME

Call for an appointment today

Toll Free 866-645-1337

 

  Front View

 

                        Front View 2


 

 

 East View

East View 

 Patio View

 

 

 Back View Overlooking Patio

 

Living Room 1 

Living Room 2

Dinning Room

 

Den Fireplace

Den looking through Kitchen 

 

Main Floor Kitchen


S O L D

Above market for a two bedroom home.

REAL ESTATE AND PERSONAL PROPERTY FOR SALE BY AUCTION

The address of the home is 2009 Sherringham Court, Shreveport, LA 71118. The house, build by the Brocato family in 1973, consists of approximately 1600 sq. ft. of centrally heated and cooled area with two bedrooms, two baths, dinning room, living room, den, kitchen with eating area, utility room, covered patio and two car garage.

The lot is landscaped with large pine trees and has a sprinkler system to water the San Augustine grass lawn.

This property is very well maintained and is in move-in condition. A market sale analysis has been made on the property.

See Terms & Conditions – Real Estate Residential on this site. Contact us for a full bid information package.





 

SutherlandAuction.com, LLC  •  N3070 Hwy 89  •  Jefferson WI 53549  
Phone: (920) 563-4464  •  Toll-Free: (866) 645-1337  •  Fax: (920) 563-4484