How will auction benefit me?
The real estate auction is a win-win proposition for everyone involved.

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
* Competing 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 a due diligence packet

Source: NATIONAL ASSOCIATION OF REALTORS®
WadsworthSteele.com
Benefit of an Auction to Buyer
Wadsworth Steele
Auctions
3 bdrm Home $585,000
3000 sqft  $600,000
Condo $1,000,000