Professional Sales of Real Estate at Auction

• Why Sell Real Estate at Auction?
  In today's real estate market, many people are turning to Auction for a quick and efficient way to sell houses, condos, and open acreage. This quick turnaround is possible since there are no contingencies when real estate is soldd at auction.
• The Absolute Auction
  In an Absolute Auction, property simply sells to the highest bidder. This type of auction encourages the largest turnaround of serious buyers as well as investors since there is a guaranteee that the property will be sold on auction day.
• The Auction Advantage
  
  • The Auction Method can produce a "quick sale". An intensive advertising promotion prior to the auction date draws attention to the property, providing maximum exposure and visibility to potential buyers.
  • High carrying costs are avoided and properties are generally sold with no contingencies, resulting in a cash sale.
  • An "Open House" is generally scheduled several times prior to, plus the day of the auction. This allows brokers and prospective buyers to inspect the property before auction day.
  • The amount of individual negotiations which make many buyers and sellers feel uncomfortable is limited when using the auction method.
  • Through competitive bidding, the property is sold at the fair market value and provides the only potential of realizing more money than the anticipated asking sales price.
• Professional Services
  Our Auctioneers are licensed and experts in their field. Inhouse markting and advertising specialists develop customized marketing plans, utilizing extensive computerized mailing lists. Other Colonial Auction Company services include moving and storage services, real estate services and personal property and household auctions.

Commercial and Industrial Auctions

• Using the Auction Method
  Whether dissolving a partnership, liquidating a business, or farming operation, reducing excess inventory, or simply settling an estate, the CAC's group works with financial institutions, government agencies, corporations or private individuals to expedite sales by auction. At auction, property simply sells to the highest bidder at the fair market value.
• Onsite Auctions
  Selling on location often benefits both the buyer and seller alike. Onsite farm or business auctions eliminate the need for moving heavy equipment or permanent fixtures. They also enable interested parties to view the merchandise in its same environment.
  
  In one day, an onsite auction brings potential buyers together to inspect and purchase everything from heavy machinery to retal inventory items. Almost anything can be sold at auction. With the experience of the CAC team and professional selling style of their auctioneers, the maximum value can be realized at auction.
• Auction Marketing Program
  Each auction is evaluated to determine how and when to best market merchandise. Our inhouse marketing and advertising experts then develop a fully customized promotional and marketing program. A researched advertising schedule and an extensive computerized mailing list are utilized to target the appropriate markets and best buyers, thereby yielding a true fair market value for the holdings. Aggressive auction marketing produces results.
• Professional Services
  CAC's auctioneers are licensed, bonded, certified, and insured experts in their field. Appraising and consulting services are also available.
• Commitment to Service
  The Colonial Auction Company, in its effort to provide the most comprehensive marketing package available, continually strives to offer the best possible auction service with value, honesty, and caring. The goal of our company is to provide state of the art facilities and personal attention to those whom we serve.