Single Seller Auction

This is the ideal format for a property with a high profile or a very specialized market. In addition, a stand-alone auction may be best for a property that cannot be grouped with other offerings, due to a specific selling date or a lack of compatible auction properties in the area.
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Single Seller/Multiple Property Auction

This format allows multiple offerings at a single location and time, or at regional locations at different times. If all the properties are in the same market, this efficiency can reduce overall marketing costs. If the portfolio is spread among different cities, auctions can be scheduled closely, giving the seller the opportunity to consider all offers, and allows more flexibility in the decision-making process.
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Multiple Seller/Multiple Property Auction

Best applied to properties within a single geographical area or to similar properties spread across a large geographic area. This format lets multiple sellers pool their properties and resources to create a larger auction event of greater combined interest - which is especially attractive to sellers of smaller properties with more limited marketing budgets.
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Auction Types:

Any of the above formats can be offered in one of the following types:

Open Outcry

In this most exciting and productive format, bids are shouted as prospective buyers compete in their attempt to win the property. Thoroughly professional, elegant, and sophisticated, our real estate auctions look very similar to fine art auctions seen in movies and on television. Often bidders compete via telephone and internet
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Sealed Bid Offerings

Bidders submit bids via pre-approved contract forms. This system allows the seller more flexibility to review offers when variables other than price need to be considered. Examples include when a zoning contingency may be involved or when a buyer may be buying more than one parcel.
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