Why Sell at Auction?
Simple; selling at auction is a hassle free way to sell anything from a few treasures to an entire houseful of items to the house and lot or any type of real estate.
It's Hassle Free and the market sets the price!
The Auctionarium, Inc. is California's only full service Roman rules Auctionarium that sells everything to the highest bidder(s) with no minimum bids and no reserved prices.
THE AUCTIONARIUM SELLS FREE & CLEAR REAL ESTATE OF ANY KIND
Do you want to sell your real estate? Call The Auctionarium Today.
It is estimated that 20% to 30% of all California property owners own free & clear. The LA Times recently reported that 1 out of 3 real estate transactions are to cash buyers.
The Auctionarium only deals with sellers who are serious and do not have a mortgage or have the cash on hand to payoff any mortgage prior to the Auction event.
The Auctionarium, Inc delivers all cash, no contingency, quick closing buyer who is willing to pay the commissions and closing cost for any property in about 4 to 6 weeks or less.
- Residential homes
- Condo's & townhouses
- Commercial real estate of any type
- Hotels / Motels / Apartment buildings / unfinished projects
- Lots & recreational land
- Timeshares
- Farm & ranch land
The Auctionarium, Inc is a California DRE licensed real estate brokerage and our staff is experienced and qualified to auction just about any type of real estate.
Remember neither the Auctionarium nor the seller set the price under Roman rules.
Absolute or unreserved real estate auctions have a track record of delivering the full cash market value for a property, every single time. If you own free & clear then you are smart enough to understand the time value of money. With property values still in free fall, free & clear sellers are competing against foreclosures, reo’s, short- sales combined with every ill conceived gimmick to trick buyers.
AN ABSOLUTE AUCTION WILL STOP ALL SALES IN YOUR COMMUNITY!
That’s right once the auction signs go up and your property is advertised, nothing else is going to go under contract until after the auction. If you live in Rancho Mirage where we are located only about 1 home a month is actually selling using traditional “negotiated” methods.
Cash buyers want the facts, not games or gimmicks. That is why your house receives a certified home inspection report as part of the Digital Bidder Information Package (DIGIBIP) as part of the marketing package.
ARE YOU QUALIFIED TO SELL AT THE AUCTIONARIUM?
To sell your real estate at The Auctionarium it must be:
- Owned free & clear with no mortgages or liens
- Able to obtain a certificate of release from the lender if there is a loan or mortgage against the property.
The Auctionarium does not do short sales or courthouse steps foreclosure auctions as they do not follow the basic Roman rule of selling to the highest bidder.
The Auctionarium does not auction real estate subject to reserve or seller confirmation because qualified buyers will not participate.
Why no reserves? Current California mega-auctions by other companies experience an 80% to 98% turn down rate where the high bid is refused by the lenders who think their property is worth more than the present cash market value.
In the two-years prior to incorporating The Auctionarium, Inc. we had over $6 million in all cash auction contracts refused by sellers. They all thought their property was worth more, they were special, property values only went down for the guy across the street, etc.
That $6 million in cash we delivered is for property that is now maybe worth $4 million. Smart sellers that did not use their homes for an ATM machine know the value of money.
The holding cost for a vacant home is now 4% to 6% per month of the final selling price.
A properly produced auction will deliver 100% of the present cash market value for a property 100% of the time.
The Auctionarium
Click here for more information on selling your real estate hassle free with no seller commissions.
Selling at auction will deliver hassle free cash for your real estate, we can sell the contents of your house too. If you want more information call 760-328-7570 or complete the seller inquiry form us so an Auctionarium counselor can help you through the process.
The Auctionarium, Inc. will sell items of value to the highest bidders for:
- Private individual sellers
- Estates & trusts we can close out most estates in 100-days or less
- Bankruptcy Trustees
- Secured Creditors & lenders
- Government agencies
- Home Owners Associations (HOA Lien sales)
- Charity groups for fundraisers or donated items
- Business wind downs & liquidations
- Basically anyone with the legal ownership or right to sell the items
What type of items does the Auctionarium sell?
The Auctionarium, Inc. will sell any item of value to people who are eager to set & pay the present "cash market value" at auction.
Collectibles - Art - Antiques - Glassware - Cutlery
Memorabilia of any type: Sports - Movie - Disney - Military you name it and the odds are someone on our staff has sold that type of item in the past.
Lamps - Vases - Art Glass - Sculptures - Statues Automobiles - Trucks - Recreation Vehicles - Golf Carts Musical instruments from pianos to piccolos' Entire collections of unique items are in demand.
The Auctionarium, Inc works with realtors & attorneys on a referral fee basis. E-mail auctions@theauctionarium.com for more information.
How does it work?
The Auctionarium, Inc utilizes a combination of live & internet bidding to obtain the highest prices for our sellers.
The Auctionarium charges a sliding scale commission for personal property of 25% to 50% depending upon the selling price of each item.
The Auctionarium charges a catalog or auction entry fee starting at $5 per item or “Auction lot” of items sold together. Fine art, sculpture, vehicles have a higher entry fee. Special entry fee pricing is available for entire collections and when personal property is included with real estate.
The Auctionarium staff will:
- Digitally photograph your items
- Write a description of each item
- Determine the most logical auction event to place the item into
- Include each item into the digital and/or printed catalog for the event
- Develop a custom marketing program if required
- Create an Internet Auction advertisement
- Upload each item for online bidding to a global audience
- Monitor the internet bidding to qualify buyers & answer questions.
- Sell each item to the highest bidder at live or internet auction.
- Collect payment & sales tax from the bidder
- Coordinate load out or shipping
- Pay you for your items no later than 30-days after it has been sold.
The Auctionarium, Inc strives to make your selling experience as hassle free as possible.
Want a free no obligation consultation? Click here and complete the form.
Click here for more information on selling your real estate hassle free with no seller commissions.
Selling at auction will deliver hassle free cash for your treasures or real estate. If you want more information e-mail auctions@theauctionarium.com or call us at 760-328-7570 so an Auctionarium counselor can help you through the process.
