Real Estate

UNDERSTANDING AUCTION TYPES

At our auctions, we cater to different needs by offering two primary formats: Reserve and Absolute auctions. Each type comes with its own unique set of rules that affects how items are sold and the bidding process. Knowing the difference between these auction types can help you make informed decisions, whether you are buying or selling.

RESERVE AUCTIONS

In a reserve auction, the seller sets a confidential minimum price, known as the reserve price. If bidding does not reach this reserve, the seller is not obligated to complete the sale. This type of auction provides sellers with the flexibility to protect the value of their asset.
ABSOLUTE AUCTIONS

An absolute auction, also known as a no-reserve auction, means the property or item will sell to the highest bidder, regardless of the final price. There is no minimum threshold, making this type of auction appealing for buyers as it guarantees a sale and often encourages competitive bidding.
ONLINE AUCTIONS

Our online auctions offer the convenience of participating from anywhere with an internet connection. Buyers can browse detailed listings, view photos, and place bids in real time or set maximum bids that automatically increase as needed to stay competitive. Online auctions provide flexibility, allowing participants to bid at their own pace over a set period, often days or weeks, ensuring they have ample time to research and make informed decisions.
LIVE AUCTIONS

Experience the excitement and energy of a traditional live auction by joining us in person. With a professional auctioneer leading the event, live auctions bring a dynamic atmosphere that’s both engaging and competitive. Buyers can see items up close, interact directly, and make instant decisions, all while enjoying the community aspect of an in-person auction. Our live auctions are designed for those who appreciate the thrill of bidding and winning in real time.
SIMULCAST AUCTIONS

For those who want the best of both worlds, our simulcast auctions allow bidders to participate in real-time events either in person or online. With live-streamed bidding, online participants can follow the action and place bids alongside in-person attendees, creating a fully interactive experience. Simulcast auctions provide maximum accessibility and ensure no one misses out, making it an ideal choice for buyers who value flexibility but don’t want to miss the excitement of a live event.

Payment & Pickup Information

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For real estate purchases, we require a 30-day closing period. This ensures that all necessary documentation and transactions are completed in a timely manner for a smooth handover.

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Items & Pickup

We currently do not offer shipping for items; however, this service is coming soon. All items bought online must be picked up within 5 days of the auction's end. Please plan accordingly for timely pickup at our designated location.

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Payment Options

Payments can be made by calling our office at 540-599-2065 with your card information or in person at pickup by cash or card. We aim to make the payment process easy and convenient for all our buyers.