Buying a home or land at an auction offers an exciting alternative to the traditional route—one that can be perfect for those who want to invest in Real Estate. Real Estate auctions can be advantageous for a fix and flipper or a long-term investor.

PERKS OF BUYING REAL ESTATE AT AUCTION:

  • Properties are usually purchased at fair market value through competitive bidding. Buyers know they are competing fairly and on the same terms as all other bidders.

  • Auctions eliminate long negotiation periods and reduce the time needed to purchase property. Purchasing and closing dates are known at the time you bid. It’s quick and efficient and that’s what makes it attractive.

Buying Real Estate will inevitably involve contracts, escrow, disclosure documents, etc. However, it’s our job to make the process more efficient and transparent.

 

Interested in seeing a house that will be auctioned before the auction date? Contact us below and we will schedule a showing!

How it Works

Buying Real Estate at auction can be fun and exciting. We also know that if you’ve never done it before, it might be intimidating. That’s why we put together a step-by-step guide to help you better understand the process.

  1. Listed For Auction - Before we sell any property at auction, we will list it on our bidding portal. You can also follow us on Facebook for updates.

  2. Showings - Between the time a property is listed on our bidding portal and the auction date, you can schedule an appointment to view the property. Simply call our office at (501) 268-7653. You are even welcome to get a full inspection if you’d like.

  3. Register to Bid - In order to bid at the live auction, you must first register. You can register online through our bidding portal, or in person on the day of the live auction.

  4. Auction Day - Depending on the location of the property, the live auction will take place either at the property address or at our offices. Be sure to check the listing on our bidding portal for details.

  5. Live Bidding - Live bidding will start promptly at the time scheduled. Be the highest bidder and the property will be yours!

  6. Contract - If you are the highest bidder, you will enter into a contract and the deposit will be collected after confirmation of the final bid!