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LIVE PUBLIC AUCTIONS

~ Real estate ~ Farm ~ Land ~
~ Personal Property
~ Antiques ~ More ~


Real Estate, Land, & Farm Auctions:
You set the time and day you'd like for your property to sell. And remember, we negotiate up, not down. Low commissions! Read: Going, Going, Gone, and Auction, the Basics & Benefits.

Estate Auctions:
If you need to downsize or liquidate an entire household of personnel property, consider an auction. Selling at auction is the optimal tool in maximizing total dollars for the seller, plus we do all the work. A live auction is unique as it creates an exciting, competitive atmosphere among highly interested buyers which helps you as the seller achieve true market value as opposed to a less negotiated price that you would find with alternative selling methods. If properly marketed, a professional live auction will expose your property to the greatest number of buyers which quickly turns your property into a quick, cash return on your assets.

Business Liquidation Auctions:
We offer Business Auctions & Liquidations, Inventory/Assets liquidation or reduction, ending business, or converting assets for immediate operating capital.


CONTACT

Dennis Prussman

Phone: 816.262.6178

Email: dennis_prussman@hotmail.com

We offer:
- Estate & personnel property auctions
- Real estate, land, farm
- Consignment auctions
- Business liquidations
- Climate control auction facility
- Complete clerking services
- Professional Ringmen
- Aggressive advertising
- Customer mailing lists
- Portable PA systems 

All the equipment and advertising necessary for a successful auction.

Considering an Auction?

We would like to provide you with a free, no obligation consultation. Tell us how we can contact you.
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-- Advantages of a Real Estate Auction --

  • Buyers come prepared to buy. With real estate auctions buyers are pre-qualified and you know they have the money to make the purchase.
  • You sell your property quickly and avoid long term holding costs such as interest, insurance, maintenance and taxes.  Auctions are the quickest way to dispose of property and get top dollar.
  • Auction marketing is accelerated and intense, it happens in a short time frame as opposed to the long term diluted advertising of traditional real estate.
  • You sell your property with NO CONTINGENCIES. Buyers do not tell you want they want done before they will buy your home, you set the terms and conditions yourself and sell with no contingencies.
  • All buyers are pre-qualified the day of the sale and will make a non-refundable 10% deposit the day of the sale.
  • You set the date of your sale, you choose the exact day it sales rather than waiting for it to sell.
  • An aggressive accelerated marketing campaign assures interest and visibility. Your marketing will be more intense and set you apart from other real estate for sale.
  • Competitive bidding forces buyers to pay their top price for the property.
REAL ESTATE AUCTION EVENT
TRADITIONAL SALE
Begins by establishing date, location and terms of sale. Begins by establishing an “asking price” and seller must negotiate all aspects of sale.
The advertising is extensive and very visible, exclusively featuring your property. Heavy reliance on MLS, minimal advertising and reliance on other brokers to find buyers.
Marketing period is accelerated to 60 days or less Property may remain on market for months or years
The property is showcased throughout the entire marketplace and freezes other sales. The property is one of many being advertised and shown, just another listing.
All buyers are forced to act on your time schedule, date, time and place. Lacks the ability to motivate buyers, forcing you to wait for their schedule.
Auction creates a sense of urgency. Price reduction commonly used to create buyer interest and activity but many buyers are gone by then.
No limit on upside potential. Realizes the property’s fair market value. Upside potential limited by asking price.
Eliminates guesswork in determining the asking price of the property.  It will sell for market value and seller does not leave “money on the table” Seller risks overpricing and thus, property sitting on the market, or under pricing and selling too cheap.
Presets all conditions of the sale, thus eliminating all negotiations. The seller is forced to negotiate all aspects of the sale. Buyer makes offer in their favor, not sellers.
Buyers compete to own and all offers are presented at the auction. Multiple offers at one time are rare.
Property sold in 60 days and closes in 30 days thus eliminating expensive carrying costs. Mortgage payments, taxes, insurance, etc, continue until property is sold. Length of time to sell is unknown.
Secures a contingent free contract and you do not have to wonder if the buyer can get the money. Normally contingent upon buyer’s financing, inspections, appraisals, etc.
Non-refundable down payment money, all cash closing. Sale not contingent on financing. Refundable earnest money, buyer can easily back out
The most desirable division of property has a dramatic impact on marketability. Property is seldom divided, therefore limiting the number of buyers.
Seller pays cost of advertising expense and preparation of deeds and closing documents. Commission can be paid by buyer or split between buyer and seller. Seller pays commission and closing costs are negotiable.



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AOK Inc. - 2504 Ashland Avenue - St. Joseph, Missouri 64506


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