Real Estate Auction in Phoenix    Learning How the Process Works
Real Estate Auction in                          Phoenix•Investors have long used auctions as tools to uncoverhigh-quality ...
Real Estate Auction in                             Phoenix•Two types of real estate auction:  –Absolute auction – allows p...
Real Estate Auction in                          PhoenixWhat Happens Before a Real EstateAuction in Phoenix?•Auction servic...
Real Estate Auction in                           PhoenixWhat Happens Before a Real EstateAuction in Phoenix?•Auctioneer an...
Real Estate Auction in                           PhoenixWhat Happens at the Real Estate Auctionin Phoenix?•The goal is to ...
Real Estate Auction in                            PhoenixWhat Happens at the Real Estate Auctionin Phoenix?•Basic guidelin...
Real Estate Auction in                            PhoenixWhat Happens at the Real Estate Auctionin Phoenix?•Basic guidelin...
Real Estate Auction in                          PhoenixAbout the AuthorDeb Weidenhamer is President of Auctions SystemsAuc...
Real Estate Auction in                          PhoenixAbout the AuthorDeb Weidenhamer is President of Auctions SystemsAuc...
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Real Estate Auction in Phoenix: Learning How the Process Works

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Growing in popularity, more and more people are learning how to buy property at a real estate auction in Phoenix. Investors have long used auctions as a way to find good real estate investments. Now, the general population is taking advantage of property auctions in greater numbers as well. Visit us at http://www.auctionANDappraise.com or call 800-801-8880 for more information about Real Estate Auction in Phoenix.

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Real Estate Auction in Phoenix: Learning How the Process Works

  1. 1. Real Estate Auction in Phoenix Learning How the Process Works
  2. 2. Real Estate Auction in Phoenix•Investors have long used auctions as tools to uncoverhigh-quality real estate investments. Today, every cantake advantage of opportunity•Open to the public•Unique and efficient way to sell real estate•Environment is fast-paced and the process involvesopen competitive bidding
  3. 3. Real Estate Auction in Phoenix•Two types of real estate auction: –Absolute auction – allows property to be sold to highest bidder with no limit placed on selling price. Generates significant interest because sale is guaranteed –Reserve auction – has predetermined minimum price for property. This means if minimum price is not reached during the bidding, seller has no obligation to sell property to highest bidder
  4. 4. Real Estate Auction in PhoenixWhat Happens Before a Real EstateAuction in Phoenix?•Auction service will meet with property seller to discussparameters of property and sale. Determine whether tohold absolute or reserve auction•Auctioneer ensures real estate auction complies with allregulations. Property title need to be verified andcreditors notified
  5. 5. Real Estate Auction in PhoenixWhat Happens Before a Real EstateAuction in Phoenix?•Auctioneer and seller plan the advertising campaignand prepare property for sale•Auctioneers use variety of marketing tools to promoteauction, including newspaper ads, online advertising,posters, direct mail, radio ads, television ads, e-mails andmore
  6. 6. Real Estate Auction in PhoenixWhat Happens at the Real Estate Auctionin Phoenix?•The goal is to keep initial outlay as low as possible•Understand how auction works including all financialaspects of sale. Know you’re not bidding in void and thatother bidders have the same goal as you•The difference between them and you is the topnumber you are willing to pay
  7. 7. Real Estate Auction in PhoenixWhat Happens at the Real Estate Auctionin Phoenix?•Basic guidelines for real estate auctions: –Have readily available cash for the deal –Understand the type of real estate auction and requirements –Know the buyer’s premiums –Research specific properties and understand market values
  8. 8. Real Estate Auction in PhoenixWhat Happens at the Real Estate Auctionin Phoenix?•Basic guidelines for real estate auctions: –Inspect the property and prepare a bidding strategy –Maintain discipline and stay within your established bid limits
  9. 9. Real Estate Auction in PhoenixAbout the AuthorDeb Weidenhamer is President of Auctions SystemsAuctioneers & Appraisers, Inc., based in Phoenix,Arizona. They specialize in auctions and professionalappraisals.Visit us at http://www.auctionANDappraise.com or call800-801-8880 for more information aboutReal Estate Auction in Phoenix.
  10. 10. Real Estate Auction in PhoenixAbout the AuthorDeb Weidenhamer is President of Auctions SystemsAuctioneers & Appraisers, Inc., based in Phoenix,Arizona. They specialize in auctions and professionalappraisals.Visit us at http://www.auctionANDappraise.com or call800-801-8880 for more information aboutReal Estate Auction in Phoenix.

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