| THE AUCTION PROCESS
Auctions are the most efficient method to yield current market value and attain non-contingent sales. Quick closings are a commonly overlooked advantage of this method.
"The auction process in now widely accepted for the “time defined sale” of Real Estate" says, Merkel. Banks, Individuals and Trusts are utilizing auctions to sell real property. The buyer’s show up in force when Real Estate is properly marketed. Time and time again these buyer’s provide true market value, realizing the goals of our clients. Closings, generally, occur within 30 days of the auction.
The marketing is scaled to the specific property type(s) offered at auction and our team builds a "PIP" Property Information Package for prospective buyers. This package contains all pertinent information relating to the properties being auctioned including, but not limited to: Title pre-commitment, Survey, Disclosures, Environmental Reports, Sales Contract and Bidding Requirements.
Joseph is a life member of the National Auctioneers Association and was voted by his peers to the board of directors for the Michigan State Auctioneers Association. With 20+ years marketing and conducting auctions, Mr. Merkel works with banks, trusts, corporations and individuals to facilitate Real Estate transactions.
Joseph A. Merkel Joseph A. Merkel
Director Life Member