Auction Benefits

Discover the Benefits of Listing Your Home at Auction

Bering Real Estate Co.™ offers extensive real estate auction services specializing in the marketing of residential, commercial, industrial, land, and specialty properties. With over 20 combined years of experience in selling homes by auction, Bering Real Estate Co.™ is highly skilled at generating interest from qualified buyers, ensuring that your property will sell quickly. Our team's expertise in professional, accelerated target marketing gives us the competitive edge to promote strong bidding and achieve the best current market value results. Discover how listing your home for sale by auction can be a more beneficial option compared to a traditional real estate listing and how you’ll achieve optimal sale outcomes.

Key Benefits for Sellers
  • The seller achieves a 99% successful closing rate and accelerates the sale of their property.
  • Sellers set the terms and conditions of the sale, eliminating long-term carrying costs such as taxes and maintenance.

  • Property is sold “AS IS, WITH NO CONTINGENCIES,” ensuring a straightforward transaction.
  • All transfer charges, including the 2% PA transfer tax, title searches, deed preparation, and other costs, are paid by the buyer.
  • Sellers have certainty regarding the exact date of sale.
  • Sellers are assured their property will sell at its “current market value”.
  • Auctions eliminate the need for numerous unscheduled showings, providing a streamlined process.
  • Buyers come prepared to purchase—whether in-person or through our mobile bidding app!
  • Selling at an auction fosters competitive bidding among potential buyers, driving the sale price upward.
  • The auction method can result in a price that exceeds the price of a negotiated sale.
  • An auction brings all potential buyers together at one location and time, maximizing exposure.
  • An aggressive marketing campaign ensures increased interest and visibility for the property.
  • The auction method is the only selling strategy where prices typically increase rather than decrease during negotiations!
 Key Benefits for Buyers
  • Buyer are assured that the seller is committed to a sale.
  • The purchase price is determined through transparent, competitive bidding.
  • Clear, established purchasing and closing dates provide certainty for buyers.
  • Real estate auctions expedite the property acquisition process, reducing the time to purchase.
  • Auctions eliminate lengthy negotiation periods, providing a straightforward transaction.
  • Buyers participate in a fair and competitive environment, with equal terms for all bidders.
  • Comprehensive property details are provided through due diligence packets.
  • Buyers have the opportunity to conduct their own inspections, including home inspections, wood infestation, radon testing, and more.


Powerful Auction Marketing Strategy for Your Property Sale

Recent studies show that only 9% of real estate agents use video marketing in home listings, while over 90% of home buyers begin their search online. Partnering with Bering Real Estate Co.™ for your real estate auction provides a competitive edge by reaching beyond the typical marketing strategies of the 91% of agents who don’t utilize video, aligning with how buyers actively search for homes today. Our innovative approach extends your listing’s reach, attracting mobile bidders and buyers from outside your immediate area.

 

  • Bering Real Estate Co.™ will market your property to thousands of potential buyers, ensuring maximum exposure.

  • Additionally, your auction listing will receive DOUBLE the visibility through the Multiple Listing Service (MLS)—a database used by real estate professionals to share property listings, enhancing your property's market presence.

 


Want to see how your home auction video could look? Check out one of our local auction videos below.

 

 

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Download our mobile auction app to join real estate auctions from anywhere. Compatible with Apple & Android—never miss a bid!

 

What Our Clients Say

Bering Real Estate Co. was very patient as we looked at and placed offers for several homes. They were quick to return calls and emails.  They were excellent at negotiating our price and closing costs.

— J. Moser