How it works

Are you ready to sell and close your property in 90 days or less?  An auction quickly brings together motivated sellers with qualified buyers enabling fast and hassle-free real estate closings.

The auction process actually gives sellers control over the sale process, even in a buyer’s market.  Here’s a snapshot of how it works:

1. A firm sale date is chosen. This creates a sense of urgency among prospective buyers.

2. A compelling minimum floor price is set. This is where the bidding starts and there’s an unlimited upside potential.

3. Auction terms and conditions are determined. Each bidder complies with the same ground rules creating a fair and completely transparent process. In the end it’s all about the money. Whoever wants to purchase your home has to compete and be the top bidder.

4. An aggressive advertising and marketing program is executed. This shines a spotlight on your home and encourages prospective buyers to get prepared for auction day.

5. On auction day, competitive bidding takes the sale price as high as the market will bear.

6. Closings are within 30-45 days.  The auction purchase agreement has no contingencies for financing or repairs, enabling a hassle-free closing with no further complications or negotiations.

7. The commission is paid by the buyer through a Buyer’s Premium.  This is an auction term that is fully disclosed and advertised to all prospective bidders.  It is an additional charge that is added to the high bid to equal the total sale price.

Who is AuctionFirst? We’re an accelerated auction marketing firm that has successfully auctioned real estate throughout the Triangle region since 2005. Over 400 local real estate agents have attended our education classes on the Fundamentals of Real Estate Auctions, a class approved by the NC Real Estate Commission. We’ve worked with all the major brokerage companies in the region whose agents have either referred a property to auction or represented a buyer at auction.

Triangle Premier Auctions
A division of AuctionFirst North Carolina, Inc.
2501 Blue Ridge Road, #250
Raleigh, NC 27607
919-601-7339 or 800-220-6760

• About AuctionFirst

  • We’re an accelerated auction marketing firm that has successfully auctioned real estate throughout the Triangle region since 2005. Over 400 local real estate agents have attended our education classes on the Fundamentals of Real Estate Auctions, a class approved by the NC Real Estate Commission. We’ve worked with all the major brokerage companies in the region whose agents have either referred a property to auction or represented a buyer at auction. What can we auction for you? 800-220-6760.