Auction Process         Types of Auctions          Auction Marketing          Services          Costs

AUCTION MARKETING CAMPAIGN:

To sell select residential and commercial real estate we proactively target and engage potential qualified buyers. At Smith & Bucci Real Estate and Auctions, Inc., we believe that a seller deserves personalized service tailored to their property and their personal expectations. We find buyers using a customized marketing program that exclusively promotes your property at auction, as an important real estate event. The auction event creates the sense of urgency that is needed to sell the property on or before auction day. Many sellers of real estate are frustrated with the lack of activity, and the length of time their property has languished on the market. Many times, the traditional method of selling a property is just not working. At this level, a property needs much more than a listing in the local MLS, a sign in the front yard, and maybe an ad or two shared with the agent’s other listings. This approach is simply not providing the service and results a seller of luxury real estate deserves.

The key to success is to differentiate your property from all of the others currently on the market, and to present your property to qualified buyers of this type of real estate. A buyer of a multi-million dollar property has many choices, and money is usually never the determining factor in the purchase. We study your property, and do extensive research on other properties for sale in the area to determine your property’s competitive advantages. Our professionals then create marketing materials that feature your property exclusively and showcase all of its features and benefits. By marketing your property for sale at auction, your property instantly becomes distinct from all other listings. While the auction method is becoming a more popular way to sell real estate, it is rare for two properties to be for sale at auction in the same market at the same time.

Smith & Bucci’s accelerated marketing program reaches qualified buyers using a combination of methods that may range from advertisements in national, international, regional, and select local publications to direct mail brochures and invitations to preview the property and attend the auction. Since each property is unique, placement and choices will vary depending on the property. It is critical to be specific in targeting potential buyers. Many real estate firms or auction companies will sell the benefits of their huge database of buyers. It is not enough for a company to have a large list. It has to be the right list for your property or it is useless. There is no benefit of sending a brochure or auction information package to someone that would never be a prospect for your property. While it is possible, it is unlikely that a person living in Alabama will be interested in purchasing an estate in New York. At Smith & Bucci Real Estate and Auctions, Inc., we are more selective with our marketing. Our professionals consult with the seller and other professionals to determine the characteristics of the most likely buyer. We then create a custom master list that includes potential buyers in specific professions, income levels, net worth, zip codes or geographic regions, and other appropriate criteria. Our targeted and compelling invitation brings qualified and motivated buyers to see your property and bid.

The goal is to sell your property at the highest possible price in the time frame that you desire. We work to give your property the exposure it deserves. The marketing is designed to entice interested parties to attend the property preview period. Our staff works at the preview to encourage interested parties to bid at the auction, and compete for the right to own your property. We create a true “marketplace” and a forum for deal-making. We manage a real estate event that brings multiple seriously interested buyers for your property together in one room on the same day. With an auction the price is bid UP, not negotiated DOWN like in a traditional real estate transaction. In the end, our seller’s hear the words they have waited for….SOLD!

Auction Process         Types of Auctions          Auction Marketing          Services          Costs

 
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3217 Commonwealth Ave.                                        Charlotte, NC 28205                                       Fax: 704-499-4637

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