AUCTION ADVANTAGE
Whether you're selling a condominium, luxury
home, apartment building, distressed
property, office building or vacant land,
you want to make sure that you get the
highest market price and sell as efficiently
as possible. New York International Real
Estate Corp. can help you do both. That's
why we have sold over eleven million dollars
worth of real estate in 2002 alone.
We'll initiate a focused marketing blitz,
and grab the attention of qualified buyers,
investors and speculators throughout the
United States and beyond. So when the
auction day arrives, you'll know you have
the strongest group of qualified bidders
possible.
Here's what a New York International Real
Estate Corp. auction can do for you:
Sell in about 90 days or less:
The more expensive or unique a property is,
the longer it typically takes to sell using
conventional methods. Having a specified
date on which you intend to sell creates a
sense of urgency, and helps to speed up the
entire sales process.
Give you control over the sales process:
You set the date and time of the sale, as
well as the terms and conditions. Because
potential buyers know you are committed to
sell on a specific date, they do their
homework in advance and show up prepared to
bid, freeing you from the hassle of dealing
with insincere offers and contract
contingencies.
Get maximum exposure:
By compressing the sales period, we can
carry out a more aggressive marketing
strategy, providing maximum visibility for
your property. In addition, we can tailor
our campaign to reach the target market most
likely to be interested in your property.
Get a fair market price:
Many luxury properties have few
"comparables" upon which to base a true
appraisal. As a result, the seller runs the
risk of asking too much or too little. An
auction eliminates that problem because it
establishes the real market price. In fact,
an auction is the purest method for
establishing the true market price based on
the "highest and best" use of the property.
Close in 30 days or less after the auction -
without contingencies
If you've ever "sold" a property contingent
on financing or on the sale of the buyer's
property, you know how frustrating it can
be. Our auctions are contingency free, so
you'll be able to make plans based on an
on-time closing.
Eliminate the cost of carrying your
property
A property that remains on the market for an
extended period can become a serious drain
on the owner and the owner's equity.
Mortgage payments, maintenance, taxes and
insurance can add up to thousands of dollars
a month for some properties. Selling at
auction helps you eliminate those costs that
erode your equity, and will net you the
highest price possible.
Reach the broadest possible market of
qualified bidders
Our experienced marketing staff knows how to
put together the right combination of
advertising (local, regional, national and
international, depending on your needs),
direct mail (using our proprietary database
of over 250,000 interested buyers), public
relations and direct sales efforts to bring
your property to the attention of qualified
prospects wherever they may be.