Need to sell? Want it sold quick?

We can plan and conduct an auction for you in as little as 2 weeks. In our company history, we have been selected to sell millions of dollars worth of residential, commercial, raw land, aircraft and personal property. Our past clients have included individuals, executors, attorneys, banks, small and large businesses, and all sizes of government. Previous auctions have been featured in local, regional, and national media including print, radio, and television.

With the recognition of the importance of ongoing interest costs and or the loss of return of capital locked up in idle assets, the marketplace has placed increased importance on the time value of money. This fact coupled with the added benefit of increased exposure of heavily marketed auction properties, has brought about an increase in the properties sold by ArmstrongAuctions.com.

Auction is the very best method of leveraging the traditional real estate market in your favor and maximizing exposure and price, while minimizing time and carrying costs of vacant, or unique, estate, or overbuilt properties.

An auction is an event where the bidders can observe the open competition and act in their interest in the marketplace. Sellers have the opportunity to obtain not only a willing buyer, but the best of all willing buyers. The auction method will produce an offer within 30 to 45 days from signing the auction listing agreement that will represent the best price the market will bear. Our firm has conducted over 1000 successful auctions utilizing various competitive bid strategies.


AUCTION METHODS

LIVE BID - Live bid auctions are just what you are used to. During a live bid auction you would expect to bid on a property just like you would expect to bid on an antique, a tractor or a garden tool. At a ArmstrongAuctions.com live bid real estate auction you can always expect to see a bid-calling auctioneer and one or more bid assistants working with bidders. The function of the bid assistants are to ensure that the bidders clearly understand the previous bid, the bid amount the auctioneer is asking for and to answer bidder questions about the property during the auction. A live bid auction is typically a public event where bidders and spectators are able to enjoy the show together.

EZBid - Typically we utilize the EZBid process when dealing with commercial properties valued in excess of $500,000.00 or for very unique residential or commercial property valued in excess of $250,000.00. The EZBid process allows bidders to bid from the comfort of their home or office by fax, or from anywhere by phone. The EZBid auction process allows bidders more time to prepare finances and confirm partnership percentages before advancing bids. The EZBid process only allows the top 3 "initial bidders" to proceed to the auction challenge. The auction challenge typically takes four to six hours.

MULTI PARCEL - ArmstrongAuctions.com multi-parcel auction is an event not to be missed! ArmstrongAuctions.com utilizes a computerized multiple property software package that assists in maximizing the value of properties by offering them in infinite combinations. The software package is real time interactive and video projected from our computer screen to an audience screen. The combination live bid and multi-parcel selling strategy ensures that bidders are able to bid on one or more combinations of properties simultaneously and creates competition for properties between multiple bidders with different buying and bidding goals. A multi-parcel auction ensures maximum value for the property and gives each bidder the fairest opportunity to bid on the property, or package of properties that he or she desires the most. Everyone is a winner at a ArmstrongAuctions.com multi-parcel auction!

SEALED BID / TENDER BID - ArmstrongAuctions.com sealed bid auction is used when dealing with complicated commercial real estate transactions where specific terms for the purchase are not all pre-determined by the Seller. In this instance, the buyer has some room to negotiate the terms of the purchase of the property, and the seller is provided an opportunity to potentially receive a higher price, due to the terms of the deal being somewhat negotiable and in some instances, even conditional.