Auctions Work

Auctions work for both buyers and sellers. Especially in today’s market, buyers are waiting around – unsure of value and hesitant to make offers. An auction identifies all the potential buyers in the market, gathers them in one place, and brings the market price to the auction. So, buyers and sellers both get the best, fair market price.

  1. Fair Market Value
    Auctions can produce fair market value through competitive bidding.
  2. Quick and Efficient
    Auctions are quick and efficient. People make a commitment to buy the property at that price without discussion or debate.
  3. Eliminates Long negotiation periods
    Auctions provide for a timely purchase and eliminate long negotiation periods.
  4. Saves Costs
    Sellers can sell their property on a timely basis and entertain only real offers that are designed to close. This can save potentially thousands of dollars in carrying, marketing, and management costs.
  5. Transparent Process
    In an auction, parties openly bid up the price of the asset in predetermined increments. Both buyer and seller can have confidence that the asset transferred hands at a fair market price.

At J Martin Auctions, we take pride in offering the best possible services. Whether you hire us to sell or buy for you, one item or a complete business or farm line, we offer the most professional top quality services in the market. We will stand by you and make it easy from start to finish.

Leave a Comment

Your email address will not be published. Required fields are marked *