For Buyers (how to bid at an auction)

Real estate auctions provide a unique opportunity and atmosphere for buyers. In addition to the unique atmosphere of an auction buyers also get immediate and real time feedback on market pricing. You get to see what other interested parties are willing to bid for a particular piece of property. This can bring a buyer confidence and knowledge in their bidding strategy versus submitting an offer without the knowledge of other parties pricing and level of interest. Auctions provide buyers with defined timelines for purchase and are an ideal way to acquire property for those individuals that are driven and want the mystery of real estate shopping eliminated.