REAL ESTATE AUCTION BENEFITS:
Quick sale with a set date for offer from competitive bidding
Set an auction date and there can be 5-15 qualified buyers waiting to bid on your property
AS IS – Buyers buy the property and assume all repairs.
No extra money for sidewalk or home inspection repairs.
No Mortgage Contingency – Cash buyers understand that they will lose their deposit if they do not settle on the required date.
Secret reserve protects the seller to a reasonable price, then the market competition takes over.
4304 STATE RD, DREXEL HILL, PA Selling Price: $286,000 (incl 10% buyer’s Premium)
Auction Contract April 1, 2021
Auction date May 2, 2021
Settlement June 17, 2021
78 days from listing to settlement.
144 GARVIN BLVD, SHARON HILL PA
Selling Price: $157,000 (incl 10% buyer’s Premium)
Auction Contract signed July 21, 2020
Auction date AUGUST 20, 2020
Settlement OCTOBER 1, 2020
69 days from listing to settlement.
4001 SPRING GARDEN ST, PHILA PA
Selling Price: $420,200 (incl 10% buyer’s Premium)
Auction Contract November 5, 2018
Auction date December 8, 2019
Settlement January 31, 2019
83 days from listing to settlement.
112 DAVIS AVE, BROOMALL, PA
Selling Price: $324,000 (incl 10% buyer’s Premium)
About This Property:Contract signed May 15, 2015
Auction date June 16
Settlement August 19
95 days from listing to settlement.
67 N SPROUL RD, BROOMALL, PA
Selling Price: $154,000 (incl 10% buyer’s Premium)
Contract signed April 25, 2016
Auction date May 18
Settlement July 6.
72 days from listing to settlement
4 KENNY CIRCLE, BROOMALL PA
Sale Price: $308,000 (incl 10% buyer’s Premium)
Contract signed May 10, 2016
Auction date June 8
Settlement July 27
78 days from listing to settlement.
