Auctions

Why do owners of such property as thoroughbred horses, exquisite art, fine wines, antiques, and expensive cars use the auction method of sales? Because nothing can replace the time-tested method of a free market auction by open bidding.

• Auctions create a level of interest and sense of immediacy like no other sales method.
• When the auction ends sellers know their property sold at a price truly representative of market value.
• Successful buyers know they paid an amount only one bid higher than what someone else was willing to pay.

The sale of real estate by auction is rapidly becoming the preferred method of sale in certain circumstances. In 1980, according to the National Association of Realtors and the National Auctioneers Association, sales of real estate sold by the auction method exceeded $8 billion. By 2005, that number had grown to over $52 billion. The ability of the auction method to accelerate the sale while consistently achieving market value is what makes this such an attractive option.

Coldwell Banker Upchurch Realty is the top real estate brokerage company in the Athens Area market. We are excited to offer auctions as an alternative method of sale for our clients. If you would like to learn more about real estate auctions and how they can benefit you as either a buyer or seller of real estate, please contact our Auction Group staff. They would be happy to discuss with you this exciting and highly effective method of real estate sales.