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McGee
Auction Company
An auction is
a method of selling personal or real property to the highest bidder.
Some of the more popular reasons to have an auction are:
- Action -
Oriented target marketing
- Forced -
market reaction due to a predetermined sale date.
- Seller-controlled
terms in transaction
- Publicly
conducted transactions
- Speed of
Closing
Types
of Auctions
- On-Site:
takes place on or at the site of the property
- Off-Site:
takes place somewhere other than where the property is located
- Sealed-Bid:
bids are placed in confidence with the auctioneer.
- Telephone:
bidding process conducted over the phone.
- Absolute
(without reserve): property sold to the highest bidder regardless
of bid. Once a bid is placed, owner looses right to withdraw property.
- Subject-to-confirmaion
(with reserve): seller can stipulate minimum acceptable bid.
Real
Estate Auctions, contact us at (803) 739-0550 or email
us.
1627
and 1623 Auburn - Warehouse and Office
Call In Bid - November 26, 2008
Personal
Property Auctions, visit McGee Auction Gallery |
