The auction method exposes property to a large number of pre-qualified prospects and benefits the seller as well as the buyer as it will allow both to reach a transparent market price. It also eliminates negotiation periods that are sometimes long and frustrating and brings the transaction to the closing table.
During the auction process, it also allows the buyer to purchase property with the knowledge that there is a contending bid one increment below the purchase price.
We at FA Auctions use the services of an international auctioneer at a fixed fee to provide a fair auction process without conflicting interests.