Real Estate Auction Services

The real estate market is constantly changing, and technology is becoming a bigger part of real estate transactions every day. To help our customers keep up, we are pleased to pass along innovative solutions. Come experience our new, online auction capabilities, including:

• Online Timed Auctions
• Live Onsite Auctions
• Web-Cast Live Onsite Auctions

Imagine accessing timely sales in a competitive arena from anywhere in the world. When you choose Strano, you'll have access to committed professional support and cutting-edge auction capabilities, whether you're buying or selling.

The Gaining Popularity of Auctions

Across the country, real estate sellers are finding value in auctions as winning marketing tools. Auctioning provides sellers the opportunity to quickly turn over a property. When you get in touch with our team, we can tell you exactly how to properly qualify your real estate situation for auctioning. Auctions offer something traditional sales can’t. They make timing a crucial factor for potential buyers and expose properties to a wider buyer’s market through onsite and online access.

Is Auctioning Right for You?

Not every property is ideal for an auction environment, but those that qualify can benefit greatly from this unique strategy. If you’re interested in gauging whether your property is auction-ready, use the Two-Thirds Rule. If two out of three parties in a transaction (the market, seller, and property) lean favorably toward auction, it's a viable sales strategy. Determine favorability using this checklist:

Market: Do these characteristics describe your market?

• Changing Market
• Dull Market (too many homes, but there is buyer interest)
• High Demand (unique property features)
• Emerging Market
• Seller’s Market (high demand and competition)

Sellers: How many of these describe your situation?

• You Need Immediate Cash
• You’ve Gone Through a Recent Split (breakup, divorce, etc.)
• You’re Moving Out-of-State
• You Need to Liquidate an Estate
• You're Retiring
• You're Auction-Minded
• You've Already Purchased Another Home
• You’re Going Through Financial Hardship
• You Have High Carrying Costs

Property : Do these describe your property?

• It carries High Equity (25% or more)
• It's Unique Enough to Encourage Competition / Difficult to Appraise
• It's Burdening You with High Carrying Costs
• It's Vacant

Properties that fall into the above categories may be the ideal candidate for an auction. Contact us to explore your auction selling opportunities today.