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What are the elements of a successful auction?

auction elements successful
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What are the elements of a successful auction?

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* A careful investigation of the property contemplated to be sold at auction. Not all properties are good auction candidates. * A well thought out, professionally prepared auction marketing campaign targeted to bring maximum exposure of the property in its best light. * Professionally designed auction brochure, advertisements and signs. * Due diligence packages necessary to give prospective buyers answers to their questions so that they can bid freely. * The selection of the form of the auction that best represents the needs of the seller and the property being sold at auction.

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