We are truly committed to being the best in the real estate industry. Hence, it is our goal to be the best real estate resource for you in the Rim Country. We are continuously updating this website with valuable information for you. We work with the industry's top-notch service providers who are also committed to a higher standard of service to ensure that our clients get the value they expect and deserve. Arizona Resource Realty hopes that you will find our information resourceful, even if you are not able to use our services at this time. We strive to transform lives through our real estate services and to make a difference in the lives of everyone we touch.
Arizona Resource Auction Group
It is calculated that in 10 years from now one out of three homes will be sold at auction. The auction method of liquidating real estate has made many positive transitions through the years. We at Arizona Resource Auction Group are determined to assist you in all your auction needs. We are experienced professionals and we work with the industry's top-notch service providers to insure you get the standard of service you expect and deserve when it comes to buying and selling at public auction. This is what the National Association of Realtors has to say about Selling and Buying at Auction.
REAL ESTATE AUCTIONS: THE BASICS & BENEFITS
What is a Real Estate Auction?
How will auction benefit me?
Benefits to the Seller, Buyer, and Real Estate Agent/Broker
Q. What is a Real Estate Auction?
A. A real estate auction is an innovative and effective method of selling real estate. It is an intense, accelerated real estate marketing process that involves the public sale of any property -- most certainly including those that are nondistressed -- through open cry, competitive bidding.
Q. How will auction benefit me?
A. The real estate auction is a win-win proposition for everyone involved.
BENEFITS TO THE SELLER:
* Buyers come prepared to buy
* Quick disposal reduces long-term carrying costs, including taxes & maintenance
* Assurance that property will be sold at true market value
* Exposes the property to a large number of pre-qualified prospects
* Accelerates the sale
* Creates competition among buyers - auction price can exceed the price of a negotiated sale
* Requires potential buyers to pre-qualify for financing
* The seller knows exactly when the property will sell
* Eliminates numerous and unscheduled showings
* Takes the seller out of the negotiation process
* Ensures an aggressive marketing program that increases interest and visibility
BENEFITS TO THE BUYER:
* Smart investments are made as properties are usually purchased at fair market value through competitive bidding
* The buyer knows the seller is committed to sell
* In multi-property auctions the buyer sees many offerings in the same place at the same time
* Buyers determine the purchase price
* Auctions eliminate long negotiation periods
* Auctions reduce time to purchase property
* Purchasing and closing dates are known
* Buyers know they are competing fairly and on the same terms as all other buyers
* Buyers receive comprehensive information on property via due diligence packet
BENEFITS TO THE REALTORŪ:
* Generates a list of ready, qualified buyers
* Offers clients and customers new selling and purchasing options
* Increases revenue and market share
* Develops your own market niche
* Assurance that property will be sold at true market value
* Property is sold within a relatively short period of time
* Exposes the property to many potential purchasers
* Auctions bring people in to look at all your listings, not just the auction listing
* Successful auctions result in referrals and return business
* Agents can earn commissions as referring agent/broker, cooperating agent/broker, or as the listing agent/broker