What are the benefits of selling property at auction?
A Higgenbotham real estate auction is a win-win proposition for everyone involved. As a seller you dispose of properties quickly and efficiently, thereby saving on the long-term carrying costs such as interest, real estate taxes and maintenance. For our buyers this can mean a wise investment. Since the auctions are conducted publicly, both buyers and sellers have the assurance of viewing the property’s value emerge as the bidding process progresses. An auction creates competition among buyers and exposes the property to a vast number of qualified prospects. Because Higgenbotham auctions are accelerated sales, properties are often be sold in less than 6 weeks from the time of listing. For real estate agents, auctions can mean an increased client and customer base as well as increased profits.
