|
|
SellersA properly marketed auction will deliver 100% of the present cash market value for any property 100% of the time, usually with no seller commissions.
WE CAN SELL YOUR HOME AT AUCTION IN 4 TO 6 WEEKS:Did you know that over 1-million properties were sold at auction in the USA during 2007? According to the NAA & NAR Auctions are the fastest growing segment of the real estate industry. The National Auctioneers Association reports less than 350 people hold the A.A.R.E. (Accredited Auctioneer Real Estate) designation whom are 'credentialed' to sell real estate at auction. WOW over 1-million properties sold at auction less than 350 AARE auctioneers certified by the NAA and now you can utilize our services to deliver cash for your property. REauction.com is a government certified nationwide real estate Auction Company that utilizes high-tech tools combined with over 2,000 years of auctioneer traditions.  A.A.R.E. Auctioneer at your service REAUCTION.COM is dedicated to providing sellers of real estate a simple one-stop-shop to convert property of any type into cash. Technology has changed the way people shop for and sell real estate in the 21st century. We are offering a unique blend that combines 2,000 years of auctioneer traditions with 21st Century technology and tools. Traditional 'Live' Auctions - ALL with Internet bidding - Webcast auctions in real time with the auctioneer designed to deliver you the 'present cash market value' in about 4 to 6 weeks, usually with no seller commissions. Service before during and after the saleREAUCTION.COM provides a complete service to sellers that includes a combination of on-site activity and preparation, Internet web enabled information distribution, Internet bidding and after the auction services. Sell your property in the next 30 to 60 days for cash with NO SELLER COMMISSION* WHAT IS A REAL ESTATE AUCTION?Real estate sold at auction provides sellers a controlled method to obtain the 'Present Cash Market Value' for any property. A real estate auction is where a custom marketing program is prepared for each individual property to present it to the market for sale on a specific date. 'Traditional' methods of selling real estate do not give the seller any control over how your property will be marketed or when it will be sold, only the promise to pay a commission *IF* the property sells. The bad news is real estate values have dropped from coast-to-coast with many properties sitting on the market for years with no "offers" or bids. The good news is people who want to buy real estate are flocking to auctions in records numbers paying retail values for property every day of the week Property information packages are developed for each property with information to allow buyers to determine how much they are willing to pay, based on their needs and the current market. Bidders compete against each other with open increases in the price they are willing to pay and are happy with the price as it is "only one bid higher than someone else was willing to pay" on auction day. An auction creates exctitement around the sale making it an 'event' with closing on a specific date. The auctioneer takes bids (not offers) to purchase the property in AS-IS condition and NO CONTINGENCY closing with payment to the seller in a specified time, usually 30 to 45 days or less. A properly advertised and promoted auction will deliver 100% of a properties "present cash market value" 100% of the time, usually with no seller commissions. HOW DOES IT WORK?The process is simple and easy for sellers:
If you are not sure and need more information click here for a FREE auction analysis of your property. CASH OR COLLATERAL THE FORECLOSURE ALTERNATIVE:Progessive Auction Exchange, LLC has developed a radical new program to help people avoid foreclosure and save lenders hundreds of millions of dollars in foreclosure expenses. The methods used are based upon 2000 years of auctioneer traditions combined with 21st century technology to deliver the ‘present cash market value’ of any property in 4 to 6 weeks. We are ‘The Industry Standard’ in real estate auctions and there has not been one time in the past 5-years when a greedy seller who refused the hassle free auction cash placed on the table has sold for more, not once. Remember the golden rule of loss mitigation First loss is the best and least expensive loss When a home owner realizes they cannot afford the payments and want to avoid foreclosure is when the Cash or Collateral foreclosure alternative works. Property is entered into an auction pool where it is treated the same as private sector sellers and aggresively marketed. The foreclosure regulations that ledners operate under were written during the great depression of the 1930's with few updates. The regulations require basic 'tombstone ads' with a legal description of a property but no real information. Investors don't want to bid blind on the courthouse steps for a property they know nothing about so lenders are ending up with hundreds of thousands of homes they do not want to manage and market. The Mortgage Bankers Association reports the average cost of foreclosure to a lender is $50,000.00 to $70,000.00 per home or 30% to 50% of the mortgage amount. Multiply that times the 2-million homes projected to be foreclosed upon in the next 18-months and the numbers are staggering. Cash or collateral offers lenders & borrowers an Early Mitigation (EM) solution to deliver ‘the present cash market value’ for any property in about 6 to 8 weeks. “Cash or Collateral” is an innovative alternative to costly foreclosures, equity erosion and risks of holding & maintaining thousands of vacant homes. SIMPLE CONCEPT:
Homes are sold at a live/Internet auction event where there are only three potential outcomes:
The most attractive feature to institutional investors and lending institutions is that a platform has been created to monetize real estate faster than traditional methods. Cash or collateral was created as a solution where the entire property recovery process is compressed into a timed event, with only three potential outcomes and no surprises to lenders or loan servicers. The program is fully scaleable to accept as much inventory as qualifies with solid timeline & no surprise costs. We deliver cash or collateral while saving time, money & retaining dignity for the people whom are losing their homes. For more information please contact: Billy Burke, CAI - AARE |
