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HOW CAN A REALTOR PARTICIPATE IN AUCTIONS?


LISTING AGENT: The Realtor can enter their listed property in the auction and receive a listing commission. The buyers premium, after paying any buyers brokerage fees is usually split between the auctioneer and the listing agent.

REFERRAL AGENT: The Realtor can refer a client, who has not listed their property, to the auctioneer for sale by auction and will receive a referral fee.

BUYER BROKER: The Realtor can register a buyer with the auctioneer and if the buyer is the high bidder and closes on the property, the Realtor will receive a selling commission.


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SUBSCRIBE TO OUR PLATFORM AND JOIN OUR NATIONWIDE TEAM

It is estimated, according to the National Association of Realtors, that one in every three properties sold within the next six years will utilize the auction method of marketing. Due to this increased demand, the Properties2Auction.com site and platform was developed to add to your already existing full service Real Estate brokerage.

In order to meet the increased demand, Properties2Auction.com is currently seeking licensed real estate brokers/agents to work our leads, in the state/county in which you already service. Subscribe to our platform and join our team of real estate professionals throughout the country. There is an unlimited future for real estate brokers and agents capable of offering our auction marketing platform.

Properties2Auction.com Brokers/Agent's affiliates enjoy the following benefits:


Expanded Market: Real estate auctions work well for all property types and offer an important service to clients who wish to sell their properties in the shortest period of time, and best possible price.

Obtain More Listings: Commission rates are paid by buyer premium add- ons, which allow our agent affiliates to dramatically increase their listing inventory and maximize net proceeds to sellers.

Earn More Money: Commissions earned on our Auction platform can range from 5% to 10% which means as an affiiate Agent you'll have the opportunity to earn more money per sale.

Increased Sales Volume: Unlike traditional brokerage sales, auction properties are sold as is with no inspection or financing contingencies resulting in faster closings and more sales per year.

We invite you to learn more about our exciting real estate auction platform and the opportunities it offers. We guarantee that our real estate auction program will take your real estate career to the next level!



WHAT IS EXPECTED OF THE LISTING AGENT ONCE THE PROPERTY HAS BEEN SIGNED FOR AUCTION?


Open Houses. Open houses are held so perspective bidders can preview the property and obtain auction information. Properties2Auction.com will post open hours.

Showings. The listing agent will need to provide access to the property for showings outside of the scheduled open houses.

MLS. The listing agent will change the remarks in the MLS to reflect the auction status in areas where this feature is available.

Auction. The listing agent will attend the auction and assist the auctioneer with the contract signing and answer questions regarding their specific property.



WHY WOULD A REALTOR CONSIDER THE AUCTION METHOD OF MARKETING?


Difficult and Unique Properties. Auctions are perfect for those properties which have a narrow market for buyers or need a tremendous amount of expensive media exposure that Sellers simply cannot afford to do.

Estates. These properties need to be liquidated quickly. Usually heirs may be outside of the area and do not want or cannot maintain the property for an extended period of time. Also the AS IS condition of sales in auctions provide the comfort to the heirs that there will be no haggling for repairs after the home inspections.

Relocation. This is great for individuals who need to have a quick, effortless sale with no worries about repairs. This will allow the relocating party to enter into a contract for their new home immediately with a 30 day closing expected on the sale of their home. Auction properties close within 30 days of the actual auction.

New Construction Close Outs. The auction method is ideal when a builder has just a few properties left at the end of a project or the slowness of the marketplace leaves the builder with too much inventory on hand, thus resulting in large outlays of monthly interest and holding cost. The builder usually has started a new project and wants to cash out of the old project as soon as possible. The AS IS sale insures no additional extras will be required insuring the builder can move on to the new project within 30 days of the auction sale.

Quick Sales. Divorce, threat of foreclosure and retirement are some of the reasons a seller desires a quick sale. Auctions are perfect for any of these situations.

Bank Owned Properties. Auctions are perfect for all bank owned properties, special assets and foreclosed properties. The auction method is the best way to quickly dispose of large portfolio's of bank holdings at prices that are typically 20-40% higher than bulk sales to investment groups.