Luxury Real Estate Auctioneers
Luxury Real Estate by Auction
If you're considering selling luxury real estate in Pennsylvania – or another state that we service such as New Jersey, Delaware, Maryland or Florida – Fortna Auctioneers & Marketing Group would like to speak with you. As one of the leading luxury real estate auctioneers in the country, Fortna provides aggressive and experienced marketing and auction services to serious investors.
How We Work
Fortna Auctioneers & Marketing Group is a premier commercial and luxury real estate firm with over 30 years of history in the sale-by-auction industry. We develop customized marketing campaigns with an explosive edge to market your property to a global pool of qualified, prepared buyers. When you partner with Fortna’s luxury real estate auctioneers, you’ll have access to buyers you may not otherwise be able to reach through traditional sales methods. You’ll also get the true market value of your home at sale through an open, fair and competitive bidding process. The rules stay the same for all the players, not only a select few chosen by your broker.
Prior to sale, we’ll develop comprehensive marketing and due diligence packages for buyers that are customized for your home. Next, we’ll aggressively market your home to the qualified buyers we’ve developed business relationships with over our three-plus decades in the industry. These investors will be prepared to purchase your home at auction and close within 45 days. Every auction home is sold with no contingencies on an as-is basis, which saves you time and aggravation. It also saves you the carrying costs associated with owning luxury real estate — and assures you receive true fair market value.
Why Should You Auction Luxury Real Estate Instead of Using Traditional Methods?
Choosing experienced, capable luxury real estate auctioneers, such as Fortna Auctioneers & Marketing Group, offers several advantages over the traditional sales process, which often consists of listing your property with an agent and hoping for the best.
One of the most important benefits is time. Because of their higher price, a luxury home or commercial building takes longer to sell using traditional methods — it may take months, or even a year or more to find an interested, qualified buyer. On the other hand, by setting the date for your auction in advance, you’ll know exactly when your property will sell.
When you auction luxury real estate, you also have a better chance of getting the price you want for your property. In the traditional real estate market, it’s a common practice for buyers to sit back and wait for the price to come down before making a serious offer. By introducing competitive bidding into the buying process, auctioning can have the opposite effect — several prospective buyers bidding on your property at once may drive the price up, which means you’ll reap even greater rewards from the sale.
The contingencies involved with selling a home or commercial establishment on the traditional market are often more complicated with a luxury property. The more contingencies that exist, the greater the likelihood the sale will fall through. Because you will be selling your property in its present condition with no contingencies or the need to make expensive renovations, you will experience a clean, hassle-free transaction from offer to settlement — auctioning produces a successful closing rate of 99 percent!
Speaking of closing costs, in a traditional real estate transaction, the buyer typically asks the seller to handle all costs at settlement. In many cases, this causes the seller to have to pay thousands of dollars out of his or her pocket. When you auction luxury real estate, you will pay minimal closing costs. The buyer pays for transfer charges such as taxes, title searches, deed preparations and so forth. As the seller, this means you will experience a more profitable sale.
The Benefits of Buying & Selling Luxury Real Estate at Auction
The benefits of the luxury auction are not limited to sellers. Buyers can also rest assured knowing they have the same opportunity to make a deal as every other interested party. Buyers also set the price — not the sellers — while eliminating the costly and aggravating hassle of prolonged negotiations. Buyers never have to worry about the seller’s commitment to completing a deal. Best of all, buyers and sellers know every consummated deal is the true market value of the property.
Fortna Auctioneers & Marketing Group is the luxury real estate auctioneer that is driving the real estate auction revolution. If you’re interested in selling or purchasing luxury real estate in Pennsylvania, Delaware, Maryland, Florida or New Jersey, Fortna Auctioneers & Marketing Group is ready to help.
For a complimentary consultation or to learn more about the auction process, call us at 1.855.831.4242 or contact us online today!
