AUCTION SELLING FAQ

Your Questions Answered

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FREQUENTLY ASKED QUESTIONS

If you don’t see your question here, call us: 1-866-587-4724.

HOW SOON CAN AN AUCTION TAKE PLACE?

Auctions are typically scheduled 6-8 weeks in advance, although there is flexibility. This provides time for advertising and marketing. In some cases, an auction can be conducted sooner if desired.

WHO PAYS YOUR COMMISSION?

For real estate, the buyer pays our fee. We charge no commission to sell real estate at auction. For personal property, our fee is offset by your results.

HOW CAN AN AUCTION SAVE MONEY?

An auction can be completed quickly. This will help reduce all related expenses for upkeep, taxes, insurance, and mortgage payments, among others. This directly benefits the bottom line.

WHAT IF THE PROPERTY IS LISTED WITH AN AGENT?

We’re happy to work with your agent to convert it to an auction. Your agent can remain active and involved, and receive a commission. In fact, it is the best of both worlds.

WHAT IF A PROPERTY NEEDS UPDATES OR REPAIRS?

Property is sold at auction “as-is.” In some instances, we may advise if repairs would enhance results, but they are not required.

HOW DO I GET STARTED?

It’s easy. Simply call us, and we’ll take a look and advise you on the property’s auction suitability Alternatively, if you are looking to the future, we can discuss a partnership that will help you attract and better serve future clients.

BROKERS & AGENTS

Real estate brokers and agents are welcome to participate. You’ll have the combined power of an auction and an agent sales force. It’s the best of all worlds.

THE JurisBID AUCTION PROCESS

auction scheduled
AUCTION SCHEDULED

Once a date is selected, a comprehensive marketing plan is put into motion.

strategic marketing
STRATEGIC MARKETING

Sophisticated, ongoing marketing takes place right up until the sale.

auction - sold
PROPERTY SOLD

At auction, a high bidder emerges, the property is sold, and you receive the proceeds at closing.

CALL US:  1-866-JURISBID

1-866-587-4724

JURISBID™️ Is the
easiest, fastest
way to help your
clients obtain
true market value
for all types of assets

Established by a technology exec and auction industry veteran, JURISBID™️ is uniquely focused on partnering with legal professionals. We help you expand your capabilities and provide more reasons for clients to use and recommend you.

GET IN TOUCH

JurisBid

JURISBID™️

1-866-JURISBID
1-866-587-4724

Call us from anywhere. We serve a large, multi-state area and offer a vast network of brokers, appraisers, and auctioneers all across the United States.

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