by In2assets  |   September 10, 2024

Conventional Real Estate Sales vs. Auction Sales

Why In2assets is Revolutionizing the Property Market When it comes to selling real estate, property owners and investors have traditionally relied on conventional methods like private treaty sales through real estate agents. While this approach remains common, the dynamics of auction sales—particularly when facilitated by specialists like In2assets—are increasingly proving to be a powerful alternative. Here’s a comparison of the two methods and why auction sales are gaining momentum in today’s market.


Conventional Real Estate Sales

1. Negotiation-Driven:

In traditional real estate sales, the process typically involves listing the property, attracting potential buyers, and engaging in negotiations. This can be a lengthy process, often taking months or even years, depending on the property type and market conditions. The seller and buyer must agree on a price, which may involve multiple rounds of offers and counteroffers.

2. Market Uncertainty: 

Conventional sales rely heavily on market conditions at the time of sale. In a slow market, properties can linger on the market for extended periods, which can lead to price reductions and potential financial losses for the seller. The market’s unpredictability can make it challenging to secure a sale at the desired price.

3. Limited Competition:

In many cases, the conventional sales process limits the number of potential buyers to those actively searching in the market. The buyer pool may be smaller, especially for unique or high-value properties, which can limit competition and result in a lower final sale price.

Auction Sales with In2assets

1. Time-Efficient and Transparent: 

Auction sales, by design, are time-bound. In2assets sets a specific date and time for the auction, creating a sense of urgency and driving buyer interest. This transparency ensures that all interested parties are aware of the sale’s timeline, and the competitive bidding process often results in a quicker sale at or above market value.

2. Competitive Bidding:

One of the key advantages of auction sales is the competitive bidding environment. With multiple bidders vying for the same property, prices can escalate quickly, often exceeding the seller’s expectations. This competition drives the market value of the property, ensuring that it sells for its true worth.

3. Access to a Broader Market:  

In2assets’ marketing strategies ensure that the property is exposed to a wide audience, both locally, nationally and globally.  Properties are advertised across multiple platforms, including a huge database of existing auction buyers, online portals, social media, and email campaigns, attracting a diverse range of potential bidders. This extensive reach increases the likelihood of finding the right buyer and achieving the best possible price.

4. Certainty of Sale:

When a property is sold at auction, the sale is typically unconditional, with the buyer required to complete the purchase within a specified time frame. This certainty reduces the risk of deals falling through due to financing or other contingencies, providing peace of mind for the seller.

Why Choose In2assets?

In2assets has established itself as a national leading property auction specialist, offering a dynamic and efficient alternative to traditional real estate sales. A team of experts ensures that each property is marketed effectively, reaching the right audience and maximizing its value through competitive bidding.

Whether you’re selling a commercial, industrial, or residential property, In2assets brings a level of expertise, transparency, and efficiency that is unmatched in the conventional market. The In2assets team provide sellers with the confidence that their property will be sold at its true market value, and buyers with the assurance that they are participating in a fair and open process.

Conclusion

While conventional real estate sales have their place, the dynamics of auction sales—especially when facilitated by a specialist like In2assets—offer distinct advantages. From time efficiency and competitive pricing to broader market access and sale certainty, auctions are transforming how properties are bought and sold. If you’re considering selling a property, it may be time to explore the benefits of an auction with In2assets.

Contact us today auctions@in2assets.com to learn more about how we can help you achieve your property goals through our innovative auction platform.

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