Real Estate sold using the "Auction Method of Marketing", is the fastest growing segment of the auction industry. Real Estate auctions are the most exciting and advantageous type of sale for both buyers and sellers and provide a win-win opportunity for everyone involved.

Online Auctions

Our web based approach to real estate auctions is designed to offer all the advantages of our live auctions, while reducing marketing costs for sellers and agents. If you have a property or listing whereby time is of the essence, our online auction service can have your property up and receiving bids in a matter of days. Most online auctions are for a two week period and closings are scheduled 30 days from the date of contract. Coleman & Patterson will coordinate all closings and be a clearing center for questions throughout the auction process.

For more information about selling via online auctions, contact us.

Live Auctions

We offer a turn-key approach to real estate auctions. From pre-sale strategy, marketing, and sale day activities through final closings, our expertise and professionalism will ensure a successful real estate auction. Please contact us for a free auction proposal or for more information about live auctions.

Sellers - When "it's a matter of time"

Sellers benefit using Coleman & Patterson by our innovative approach of cost effective, timely, and results oriented marketing. Coleman & Patterson will save sellers money by offering our services to sell property with only minimal advertising costs. Our business structure provides sellers the advantage of an aggressive auction-marketing plan designed to gain maximum exposure in a matter of weeks. Coleman & Patterson's goal is to offer every property at auction within 30 days of receipt, and close with well prepared, pre-qualified buyers on a 30 day cash contract.

Seller Benefits:

• Reduced expenses and time-on-market increase the Net Value realized by seller.
• Auctions create urgency and excitement, usually leading to higher bid prices.
• Well prepared pre-qualified buyers and contingencies set by seller.
• Increased property exposure.

A Coleman & Patterson auction is the best way to identify potential buyers and bring them to a point of action. In a competitive bidding environment, auction prices will reflect true market value, and can exceed the price of a negotiated sale. Coleman & Patterson will go the extra mile to ensure effective marketing, a positive sale day experience, and increased exposure to every property.

Buyers

Buyers benefit from a Coleman & Patterson auction by competing on a level playing field with other buyers. After viewing and researching the property and current market conditions, buyers determine the bid price on the day of the auction and eliminate long negotiation periods. Buyers can make smart financial decisions knowing the properties are generally purchased at market value.

Buyers also benefit by:

• In multi-property auctions, buyers can learn market value by viewing previous offerings.
• Buying from motivated sellers.
• Reducing overall time to purchase properties.
• Reducing long drawn out negotiating periods.
• Potentially buying properties for less than list price.