It is no secret that the current economic times have been difficult for some and worrying for many. This is especially true in the real estate market where many homeowners are being forced to contend with foreclosures, short sales and other financial pitfalls in negotiating the sales of their properties. A popular and successful alternative to the traditional home sale process is to present the property at auction.

The time and expenses of carrying costs, repairs, upgrades, staging , general maintenance and other minutiae involved in preparing a home for traditional sale can quickly add up. In an auction, the property is sold "As-Is." There are no guarantees to offer or home inspections to negotiate between buyer and seller.

In addition, realtor commissions, fees, and other settlement costs are further reductions in a seller's total net profit from the sale of property. When selling at auction with Wachter Auctions and Appraisals, the seller's costs are generally limited to advertising fees - our commission comes from the buyer.

It is not unheard of in some markets for properties to sit on the market for six months to a year or even more when listed by owner or through an agent. We aim to settle within 30 days of auction, typically a maximum of 90 days from contract signing to settlement!

Keep scrolling for advantages and testimonials.