ARIZONA RESOURCE REALTY HAS COME FULL CIRCLE IN THE REAL ESTATE INDUSTRY!
AUCTION RULES
OVERVIEW:
- All bidding deadlines are posted on our bidding site at www.AZPropertyAuctions.com
- Bids are subject to seller confirmation and require immediate proof of payment.
- The close of escrow date will be set for 15-18 days after an auction is won. (depending on weekends)
- If there are no bids on the property we will start the bidding over weekly until sold.
- There are no upfront fees required to place a bid on one of our properties.
AGENTS:
- You must register your client prior to the Auction End date for Compensation
- The agent registration link is here: https://www.azpropertyauctions.com/agents-registration-p33
- Buyers Premium = HOMES (8%) VACANT LAND (10%)
- Proof of funds is required upon registration. There are no upfront fees required to bid.
- The co-broke will be listed in the MLS local to the subjects location and is based on the winning bid amount.
INDEPENDENT BIDDERS:
- Anyone can make a bid on our Auction Properties. (According to AZ Laws of course)
- If you have an agent ask them to place the bid for you, we cooperate with other brokers always.
- The buyers premium is 8% for homes and 10% for land - this will be added to your bid
- When you submit a bid yourself we will assign an agent to help you through the process if you do not have and agent.
MEET THE TEAM
TAMRA LEE ULMER
TIFFANY MCDANIEL
TIFFANY MCDANIEL
BROKER / AUCTIONEER
TIFFANY MCDANIEL
TIFFANY MCDANIEL
TIFFANY MCDANIEL
AGENT / CONSULTANT
ABOUT AUCTIONS
BENEFITS TO THE SELLER
* Buyers come prepared to buy
* Quick disposal reduces long-term carrying costs, including taxes & maintenance
* Assurance that property will be sold at true market value
* Exposes the property to a large number of pre-qualified prospects
* Accelerates the sale
* Creates competition among buyers - auction price can exceed the price of a negotiated sale
* Requires potential buyers to pre-qualify for financing
* The seller knows exactly when the property will sell
* Eliminates numerous and unscheduled showings
* Takes the seller out of the negotiation process
* Ensures an aggressive marketing program that increases interest and visibility
BENEFITS TO THE BUYER
* Smart investments are made as properties are usually purchased at fair market value through competitive bidding
* The buyer knows the seller is committed to sell
* In multi-property auctions the buyer sees many offerings in the same place at the same time
* Buyers determine the purchase price
* Auctions eliminate long negotiation periods
* Auctions reduce time to purchase property
* Purchasing and closing dates are known
* Buyers know they are competing fairly and on the same terms as all other buyers
* Buyers receive comprehensive information on property via due diligence packet
BENEFITS TO THE REALTOR®
* Generates a list of ready, qualified buyers
* Offers clients and customers new selling and purchasing options
* Increases revenue and market share
* Develops your own market niche
* Assurance that property will be sold at true market value
* Property is sold within a relatively short period of time
* Exposes the property to many potential purchasers
* Auctions bring people in to look at all your listings, not just the auction listing
* Successful auctions result in referrals and return business
* Agents can earn commissions as referring agent/broker, cooperating agent/broker, or as the listing agent/broker
