Commitment to Sell. When you attend an auction, you’ll know that the seller is committed to selling the property on auction day.
No Risk of Overpaying. With traditional real estate sales, many buyers of luxury homes, ranches, penthouse apartments and other properties worry that they will pay too much. However, with an auction, the visible market value is established. So if you are the successful bidder, you will know that your price is fair market value.
Service. We will work closely with you in the days leading up to the sale, by providing you the information you need to evaluate the property and be prepared to make a sound decision on the auction sale day.
Auction Day. We provide a staff of professional auctioneers and bid assistants to help you in any way throughout the bidding and buying process.
As a buyer, it is important for you to know that at an auction conducted by Wilson, you will be provided with all the information you need in preparation for the auction day. When you see an advertisement for an auction, make sure that you understand the difference between an “absolute” auction (an auction without reserve) and a reserve auction, as sometimes properties are subject to meeting an undisclosed reserve amount before the auction company can sell the property.
As luxury leaders in the auction industry and members of the NAA, we recognize and adhere to their Code of Ethics, which spells out the auction company’s obligation to properly inform the buyers during the marketing campaign whether the auction is absolute or with reserve. Therefore, Wilson is committed to providing you with a clear and concise understanding of the property being sold, the terms of the auction, and the auction process as it relates to that specific auction.
As with any other real estate purchase, it is important to do your homework, or as we refer to it as, Due Diligence.
Here are some steps we recommend:
On auction day, we suggest that you make arrangements to arrive at the property at least 45 minutes prior to the scheduled Auction time. This will allow for you to complete your Bidder Registration, (if you have not already done so), collect your Bidder Packet, take a final tour of the property and ask any remaining questions you may have before the live auction commences.
During the auction, our bid assistants will be available to relay your bid to the auctioneer and answer any questions you may have during the auction.
Congratulations! You and your party will be escorted to the closing room immediately after the auction to complete all necessary documents. Our staff will be on hand to answer any questions about the closing process and ensure a smooth transaction. In most cases, your closing will be scheduled within 30 days.
Lorem ipsum dolor sit amet, consectetur adipisicing elit. Lorem ipsum dolor sit amet, consectetur adipisicing elit.
Upcoming AuctionsThe app allows you to (1) stay informed about our upcoming auctions; (2) view properties that interest you; (3) get notifications when you’ve been outbid; (4) bid no matter where you are located. This is the go-to-source for up-to-the-minute information on all of our auction listings.
