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Auction Process
Here is a brief summary of the time-tested Auction Marketing process we will use to sell your real estate on the day YOU choose!
 
1)  Evaluate the property to determine if it is suitable for auction.  Most, but not all properties can be sold at auction.  
 
2)  List the property using an "auction listing agreement."  The Pacific Auction Exchange has a copyrighted agreement for the seller.
 
3)  The seller selects the auction date.
 
4)  The Pacific Auction Exchange of San Diego develops and executes a marketing plan for the property.  This campaign typically lasts about a month, is tailored specifically for the subject property, and is designed to maximize visibility and create a sense of urgency.
 
5)  The Pacific Auction Exchange of San Diego holds one or two open houses that are two hours in length.  This eliminates numerous unscheduled, unproductive showings while building a sense of urgency with buyers.
 
6)  The Pacific Auction Exchange of San Diego works in conjunction with the Pacific Auction Exchange professional auctioneers to develop an auction day strategy.
 
7)  Auction Day

  • Register qualified bidders by accepting certified funds and issuing bidder's packages.
  • Sell the property to the highest bidder.
  • Execute the the auction purchase agreement, copyrighted by the Pacific Auction Exchange and conforming to California real estate law.
  • Collect a non-refundable 10% down payment from the successful bidder/buyer.

8)  Close the sale within 30 days using an escrow company.

Call Ron Blake at 858-755-1916 or 1-888-712-DONE toll free
Or Click here to visit our CONTACT page!
Pacific Auction Exchange of San Diego

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