You may have never considered auction as a way to sell your property. Although auctions are popular in the mid-west and southern states, Californians have used the list & wait method almost exclusively. Here are a few reasons why you should consider CENTURY 21 Mirage Auctions for the sale of your property: Auctions are an event. With a specified time and a specific purpose, auction day brings excitement and a certain urgency and competitiveness. Buyers must seize the opportunity in a single moment of decision or risk losing the property they want. Less marketing time. Our saturation marketing package gives your property immediate exposure to thousands of interested buyers. Because there is an urgency created with a firm and time defined auction, buyers are forced to take note and investigate the property rather than filtering through the hundreds and hundreds of standard listings. A quick sale. Auction allows you to dispose of the property now, at today's prices, rather than at tomorrow's prices. In most cases, start to finish takes sixty to ninety days and that includes the escrow process. Defined sale and closing date. You know in advance when the property will sell and when the close of escrow will be. Sales are often confirmed within minutes after auction end. Market value is demonstrated. By offering a property for sale at auction, the proof of market value is in process itself. Immediately prior to the winning bid, another serious buyer bid just a few dollars less. The selling price is genuinely market driven and competitive bidding is the key. Reduced carrying costs. Because of the accelerated nature of auction sales, the costs of holding property over a lengthy standard marketing process are greatly reduced. Mortgage interest, property insurance, real estate taxes, maintenance and sometimes security services all work against the bottom line dollars in your pocket and all too often these costs cannot be overcome by a higher sales price later in time. Lower cost of selling. Because we find the buyer and pay their real estate agent for bringing them to auction, sellers can reduce their overall closing costs and fees by thousands and thousands of dollars. We also work with a number of reputable service providers to offer you even more savings. Bypass endless negotiations. The sale terms and conditions are clearly outlined prior to auction date and buyers are encouraged to perform their investigations before the auction. This removes negotiations from the sale as each property is sold "where is, as is" with no contingencies. No drop-in showings. We announce preview and open house dates so you are not bothered by unscheduled showings. Any off-showing appointments will be scheduled under your terms. No more half-hearted offers. Bidders are required to bring $5,000 in certified funds the day of the auction and agree to release the funds to the seller if they are unable to act on their winning bid. With a sizable amount down and a no-contingency purchase agreement, only serious buyers will be standing when the dust settles. Local Company. National Power. We are not a traveling road show going state to state to auction hundreds of properties at a time. We are members of the community and we work here, live here and play here. Our professional sales team understands the mechanics of the local market and put that knowledge and expertise to work for you. And because CENTURY 21® is the most recognized name in real estate today, buyers and sellers alike know they are dealing with The Gold Standard® of real estate professionals. Up close and personal. We do not auction property on the courthouse steps nor do we pack buyers into an uncomfortable convention hall. Unless impractical, we hold our auctions where buyer interest is: at the property being sold.