- Smart investments are made as properties are sold through a competitive bidding process
- Buyers receive comprehensive information on the property through a bidder’s information kit
- The sale and closing dates are known
- Auctions eliminate long negotiation periods
- Buyers know the seller is committed to sell
- Buyers determine the purchase price
- Buyers know they are competing fairly and on the same terms as all other buyers
- In multi-property auctions the buyer sees many offerings in the same place at the same time.
