Why sell at auction?
Real estate at auction is the preferred marketing method and should be considered before all others.
       

Reasons are:

• Auction discovers the true value of property. Widespread and thorough advertising brings several buyers together at the same time to bid competitively for the property. No need to rely on the "guess" of an appraisal. An auction is the ultimate appraisal.
• Properties are sold "as is, where is". No more offers with "contingencies" (such as financing). The seller sets the terms and conditions of the sale.
• On most properties the marketing fees are paid by the buyer through a Buyer Premium.
• Auction is the accelerated method of marketing. We can have your property sold in 30 days. No more waiting for listings to expire with a sign in front of your house.

Which types of properties sell well at auction?

• Very desirable and unique properties bring lots of buyers and lots of action, often pushing the price much higher than anticipated
• Less desirable properties can be sold at auction in a short period of time, thus stopping expensive holding costs associated with long-term listings.
• Investment properties such as rentals and commercial real estate.
• "Other Real Estate Owned" (OREO’s), held by banks and mortgage companies. Stops expensive holding costs. Turns assets to cash in a hurry.
• Estate properties. Your estate can be handled expediently, easing the expense of lengthy legal proceedings.

Why Wallace Land Company?

The name of the game in real estate is to attract a market. The more interest you create, the more buyers you attract. The more buyers, the higher the selling price of your property. The higher the selling price, the more money you put in your pocket. Whether you are selling a single family home, a resort, farmland, or investment property, let Wallace Land Company discover that market, find those buyers, create the excitement, and sell your property for top dollar!