Sell Your Real Estate at the Third Annual Jackson Hole Fall Real Estate Auction
Time left to enter the your property in the auction:
PLEASE ENTER YOUR PROPERTY EARLY TO ALLOW TIME TO SCHEDULE THE HOME INSPECTION & PREVIEWS
Why Sell Real Estate at Auction:
The Jackson Hole area Real Estate Market has been in denial.
Homes that once sold in weeks are now having
2nd & 3rd Listing Anniversaries
A good Auction will deliver 100% of the present cash market value
The Fall Real Estate Auction is THE Selling Event of the year!
We will deliver more real estate marketing firepower and excitement during the two weeks prior to September 19th than the rest of the year combined. Auctions are events, they are exciting, people “win” property and are always happy with the price knowing they paid “one bid more” than someone else was willing to pay for the property.
The Value Proposition is a Win/Win Situation for Everyone!
Jackson Hole Auction Company delivers cash to sellers on a specific date for any property from barren land, residential homes, mountain retreats or multimillion dollar real commercial and residential assets of any kind. Our advance fees are low enough to allow any serious seller to afford entry. Individual property sellers get to take advantage of a global marketing program tailored for this event, with a local presence on the ground.
Why Sell Real Estate at The Jackson Hole Annual Fall Real Estate Auction?
Simple: we are producing the largest multiple seller real estate auction the region has seen which is open to the average home owner or real estate seller for a fraction of the price of producing a ‘stand alone’ auction.
The traditional cost for producing a real estate auction is 2% to 3% of the projected selling or reserve price of a property, pre-paid by the seller which usually costs tens of thousands of dollars per property. ($50,000 to $250,000 or more)
If you read the newspapers, listen to the radio or watch the news on TV; the message is nothing but doom and gloom about the real estate market, if you are trying to sell using the broken list, price, put up a sign and place it in the MLS methods, they are correct and your property can sit on the market for years with no bids or contingency “offers” while losing value each and every day.
The good news is an auction is an event where bidders “win” the property and are happy knowing they only paid one bid more than someone else was willing to pay. Competitive bidding will deliver 100% of the present cash market value for your property on a specific date all cash in as-is condition with no contingencies and a quick closing, with no seller commission. The buyer pays our commission, the escrow & closing fees in the spirit of 2000 years of auctioneer traditions.
This is THE selling event of the season and when our auction marketing begins in earnest, all sales activity in areas with property for auction; will come to halt with every buyer waiting for the results. If you want to sell your property this auction event will simply deliver more marketing firepower than the local agents are capable of delivering.
How We Do It
2,000 years of Auctioneer Traditions combined with 21st Century Technology.
- Smart work and wide market exposure of your property will deliver 100% of the present cash market value for a property 100% of the time.
- We show prospective buyers what as-is really means
- Certified Home Inspection reports
- Professional digital photography of property
- Professional signage (where allowed)
- Hosted property previews
- Digital Bidder Information Packages available online
- Each property is marketed using our time tested and proven auction marketing methods.
- The Jackson Hole Fall Real Estate Auction receives marketing unavailable anywhere else
- Hospitality tent during taste of the Tetons on the Jackson Town Square
- Custom leather wall hangers distributed by the Chamber of Commerce to each participating Art Gallery.
- Inclusion as an event of the Fall Arts Festival in all publications
- Special advertising campaigns
- The properties are marketed using on-line and offline tools, to bring the widest exposure to your property, such as:
- Mountain Living Magazine Back Cover
- Local print advertising
- Classified advertising in hundreds of papers throughout the Western US
- Global e-mail blasts
- Regional e-mail blasts
- On-line pre-bidding
- Google keyword advertising
- Bandit signs (where legal)
- Cable & broadcast TV (when the budget allows)
- Realtor Co-op's
- Celebrity auctioneers
- And much, much, more
- Your property will be auctioned using one of many time tested formats to deliver maximum marketplace exposure. Potential buyers are brought together for open, competitive and upward bidding to establish the market price for your property.
- We produce a live auction event with internet bidding to sell your property.
- We collect a significant non-refundable deposit from the winning bidder;
- We deal with the signing of the contracts, disclosures, and paperwork, then coordinate closing.
- We take the hassle out of a complicated process and deliver cash for property.
HIGH IMPACT AUCTION MARKETING CREATES THE SELLING EVENT OF THE YEAR:
- Personal promotion during the Jackson Hole Fall Arts Festival including exposure from our tent / booth for 2-weekend events on the town square, plus ads in special event publications.
- Custom built Internet information page, with pictures, reports & community information.
- TV Commercials on local cable calling buyers to action
- Print advertising in over 500 newspapers that’s FIVE HUNDRED NEWSPAPERS
- Signs on-site (when allowed) and directional / bandit signs advertising the event.
- Internet pre-bidding on our website
- Internet ads to thousands of websites advertising your property will be sold on a specific date
- Inclusion in US based e-mail blast of up to 300,000 subscribers (opt-in non-spam e-mail list)
- Digital Bidder Information Packages available on-line 24-hours a day
- 2 to 3 scheduled property previews to create urgency (buyers preview at scheduled times)
- 3% Buyers agent realtor co-op commission to include the local real estate community
- Inclusion in a legitimate e-mail blast to millions of foreign investors looking for US property
- NO SECRET ONE-ON-ONE NEGATIVE HAGGLING * SIMPLE UPWARD PRICING
- Live auction event held in Jackson Hole, WY when thousands of high net worth individuals are in town for the Fall Arts Festival of which we are a major corporate sponsor.
Service - Before, During and After the Sale
Jackson Hole Auction Company was founded by William F. Burke, A.A.R.E. & C.A.I. accredited auctioneer plus we are a government certified, nationwide real estate Auction Company that combines 2,000 years of auctioneer traditions with 21st Century technology and tools. We provide sellers of real estate a simple one-stop-shop to convert property of any type into cash – on auction day, usually with no seller commissions.
- Targeted global reach direct marketing program
- Traditional 'Live' Auction on September 19th
- National Auctioneers Hall of Fame Auctioneer Cookie Lockhart, CAI - AARE
- Certified home inspections from Housemaster
- Professional due diligence packages available on-line to a global audience
- Short sale assistance for sellers who owe more than their property is worth
- Coordination of closing with local Title & Escrow companies
- Closeout reporting to government standards
How Does it Work?
If you want to sell your property September 19th there is a one-time advance auction entry fee.
A typical home is $3,495 auctioned with reserve and $2,495 auctioned with no reserve, the pre-paid fees are rebated up to 100% at closing; $500 rebated for every $50,000 in contract price refunding pre-paid fees 100% at $350,000. A no-sale fee is charged to sellers who refuse the cash contract. Entry fees may be paid on-line using credit cards; e- check or entry can be done through the mail, whatever is best for you.
Trophy home hunting auction companies charge entry fees for the Jackson Hole area have run $50,000 to $250,000 or more for a single property.
Reserve or Absolute Auction, the choice is yours.
Many people are not comfortable with or even in a position to sell ‘absolute’ or without reserve to the last and highest bidder regardless of price. You are allowed to set a 'secret' minimum or reserve price to protect your position and peace of mind. The reason your reserve price is kept ‘secret’ is based upon our experience of knowing; that until there is a cash contract with a non-refundable deposit check sitting in front of you, everything is all talk and its human nature to play 'what if' about the price.
If a property comes in at auction for less than your ‘secret’ reserve price we still write up the contract, hold the deposit check and allow you the seller 48-hours (or two business days) to decide if you want to accept hassle free cash in about 30-days. There is a similar process if we are presenting a short-sale request to your lender.
This auction will deliver a cash contract to bring you from the wishful ‘what if’ thinking if you are one of thousands of properties listed with no sales, into the reality of ‘what now?’ with a sales contract in hand.
If your property is listed with an agent we can pay them a referral fee so you can enter the auction. The closing and settlement process is exactly the same as with any other real estate transaction using a local licensed, bonded and insured title company. You do not need to be present at either the auction event or closing for the property; everything is done via US Priority Mail, fax or e-mail.
Remember there are only two times property does not sell at auction:
- When one owes more than a property is worth (we can assist upside down negative equity sellers with the short sale process to sell for less than what they owe on a property) or
- When one wants more than a property is worth. (There has not been one time in the past 7-years when a greedy seller or lender who turned down auction cash has sold for more)
You may begin the process of entering your property on-line by clicking here.
If you have questions, please feel free to call me at 410-957-4786 to discuss your personal situation or allow us to explain how the process works in detail.
Thank you for the opportunity to deliver cash for your property on September 19th.
Sincerely,
William F. Burke, C.A.I. – A.A.R.E. Auctioneer
410-957-4786 Direct Line
Jackson Hole Auction Company is a wholly owned subsidiary of Progressive Auction Exchange, LLC a federal government & FDIC certified nationwide real estate auctioneer contractor.
Why Sell Real Estate at Auction:
The Jackson Hole area Real Estate Market has been in denial.
Homes that once sold in weeks are now having
2nd & 3rd Listing Anniversaries
A good Auction will deliver 100% of the present cash market value
The Fall Real Estate Auction is THE Selling Event of the year!
We will deliver more real estate marketing firepower and excitement during the two weeks prior to September 19th than the rest of the year combined. Auctions are events, they are exciting, people “win“ property and are always happy with the price knowing they paid “one bid more” than someone else was willing to pay for the property.
According to both the National Association of Realtors and the National Auctioneers Association, auctions are the fastest growing segment of the real estate industry. Pax Auctions, our “parent company” is a government Certified Nationwide Real Estate Auction Company that utilizes 21st century technology combined with over 2,000 years of auctioneer traditions. We are certified to sell any property for any federal agency anywhere in the USA amongst other certifications.
Our innovative service is based upon over 20 years of real estate experience combined with 14 years of e-commerce experience. William F. “Billy” Burke, founder, sold his first property on-line in 1994 and has been a full time real estate auctioneer since August 2001. Everything we do for you is based upon marketplace experience (not theory) from being involved in over 3,000 real estate transactions since 1988.
If you are not sure and need more information, click here for a FREE auction analysis of your property
