Save Time and Money, Ensure Success
Faulkner Real Estatehas been successfully connecting buyers and sellers since 1985. In this time we have developed top-notch marketing systems unique to our markets. We know you have a choice when determining who will handle your real estate needs, so we’d like to briefly share with you what separates us from the average real estate company.
Watch this short video about the Private Auction and its inventor, Mark Faulkner.
"My brother, sister and I wish to thank you for the superb and professional job that you and your company performed on behalf of [our trust]. As the Trustee for the Trust and as a Realtor I very much appreciated your taking the "bull by the horns" in the handling of the listing and sale of the property with skill and expertise and attention to the many details that accompany such a task. You utilized the electronic technology of the day very skillfully and professionally so we extend to you our heartfelt expression of thanks! Your performance exceeded promise what more could we ask for."—John Grover
Download a printable flyer about the Private Auction sales method.
Our Sales Methods
- Private Treaty - A method of selling in which the Seller, with the help of the Broker, determines an offering price (often referred to as the "list price"), buyers inspect subject property and negotiates privately on an individual basis.
- Public Auction - A method of selling in which prospective buyers are invited to gather at a given time and location and compete with open bidding on property to obtain the highest possible price for the seller.
- PRIVATEAUCTION - A method of selling in which prospective buyers are informed of the selling guidelines and date at which time bidding will not end prior to. Bids are taken phone with each active bidder given the opportunity to make additional bids until bidding is closed (one bidder remains). Bidders receive a call back notifying them of the current bid when a higher bid is received. During the auction process bidder's names are confidential; however the current bid is public information. A "Private Auction" may be marketed as either "absolute" or "subject to owner confirmation".
Achieve Top-Dollar by PRIVATE AUCTION
There are many advantages to the "Private Auction" method over a Private treaty, sealed bid or Public Auction. For one, the bidders can bid from anywhere; also they have time to study the property, bid, study more and bid again. This flexibility allows more buyers more opportunity to bid, and achieve their highest bidding level.
Online auctions like E-bay offer many of the same flexibility advantages, however they lack one key ingredient - personal selling. Often a property would not reach the sale price it does if it wasn't for a well-trained agent encouraging and assisting bidders during the sale.
Whether you're selling a 2,000 acre farm on the plains or a strip center in the city, the Public and Private Auction methods will work for you. After years of utilizing the Private Auction we have refined it into our most powerful, and effective, marketing system available. Read on and see how it will work for you.
The advantage to the Seller is maximum exposure to the buyer pool, unlimited price potential; flexibility for buyers allowing for higher bidding, and owner confirmation offering control for the Seller. Also, the uniqueness of the Private Auction sales methods generates the "buzz" necessary to draw greater interest and more active, and competitive, bidding. Bidders may also engage in active bidding from anywhere by phone!
Finally, the private aspect of the Private Auction allows more players to take a part in the process. Often at a one-day public auction bidders are influenced by the competition. However with the Private Auction they can feel comfortable bidding alongside anyone and have time to prepare for bidding to their maximum potential.
Minimize Expense, While Maximizing Exposure
Many companies choose to pass along their advertising costs to their Seller's. Let's face it, while a great deal of the money spent to advertise your property does benefit its sale, much of the exposure benefits us as well. That is why we pay for the advertising and do not charge you a no-sale fee if your property does not sell.