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Non-Distressed Property Sales
Using the auction process to sell non-distressed property
has proven to be an extremely advantageous option for property owners.
In 1995 alone more than $60 billion of real estate was sold at auction.
McLaughlin & Company has developed comprehensive programs by which
developers and individuals can sell property in the most timely and cost effective manner. The advantages
are clear:
- You establish a date of sale, thus lowering carrying
costs.
- Auctions are well-advertised in prominent publications
throughout the region, giving your property optimal exposure before a greatly
expanded, qualified buying audience.
- The sale of real estate at auction is nearly always "as
is", and with no contingencies. This greatly reduces the likelihood
of sales falling through, as is evidenced by our nearly 100% closing rate.
- Because the seller can set a minimum bid while leaving
the top range open-ended, the auction process creates the opportunity to
realize higher selling prices than when a property is sold with a fixed
asking price.
- The Commission can be paid by the buyer in the form of
a buyer's premium.
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