Our staff combines current market research from reputable resources to individually target and identify the best prospects for your properties and valuables. Targeted buyers for most items range from builders and developers, to individual prospectors. We also utilize local and regional pricing strategies, as well as our proprietary databases that have been developed and maintained by Us.
Next, we intelligently and extensively promote and advertise our auctions in a variety of marketing channels to ensure your success. Our primary advertising mediums are newspapers, magazines and trade publications, direct mail brochures, and on site signs. We also post brochures, auction calendars, and private listing information on targeted web sites. An ideal schedule of events for a successful auction follows below:
EVENT DAYS PRIOR TO LIVE AUCTION
Agreement executed 30
Information gathered 30
Brochure proof 21
Signs erected(on-site) 21
Brochure Distributed 21
Site preparation 21
Print advertising begins 14
Live auction 0
Settlement 14-30 days
Personal Property Auction Process
There’s a reason most of the world’s assets are sold at auction. Auctions provide more liquidity, more transparency, more competition, and are more proactive than conventional real estate practices. Using the auction method means less time to market, less time to sell and less carrying costs. It also means you derive true market value for your personal property, at the most informed and competitive prices available in your area.
At Carolina Auction House, our approach to the personal property auction process consists of the following major stages:
- Pre-Auction Preparation
- Auction Day
- Post Auction to Settlement
All three stages of the auction process are equally important for the success of our sellers. A clear marketing vision and extensive logistical coordination is imperative to the creation of a successful auction experience. Equally important is our diligent follow up after the auction to insure timely closings and seamless funds transfer to the seller.
At auction, property is sold within hours and settles within 14-30 days. Please contact our office for more details! 1-336-AUCTION or 336-529-6799.