• Skip to main navigation
  • Skip to content
  • Skip to primary sidebar
  • Skip to footer
Search for:

Jackson Real Estate and Auction

East Tennessee Real Estate and Auction

  • Home
  • Search
    • Basic Search
    • Advanced Search
    • Browse by City
    • Foreclosures
    • Lake Front
      • Homes
        • Lake Front Homes – All Counties
        • Lake Front Homes Grainger County
        • Lake Front Homes Hamblen County
        • Lake Front Homes Jefferson County
        • Lake Front Homes Sevier County
      • Land
        • Lake Front Land – All Counties
    • Map Search
  • Buying
    • Buyer Info
    • Foreclosures
      • GSMAR Foreclosure Homes
      • LAAR Foreclosure Homes
    • Mortgage Calculator
  • Auctions
    • The Basics and Benefits of Auctions
    • Auctions
  • Rentals
    • Rentals – Residental
    • Commercial Rentals
      • For Rent
      • Rented
  • Agents
  • Contact
  • User Login
SearchClose

The Basics and Benefits of Auctions

What is a Real Estate Auction?

A real estate auction is an innovative and effective method of selling real estate. It is an intense, accelerated real estate marketing process that involves the public sale of any property—most certainly including those that are nondistressed—through open cry, competitive bidding.

How will auction benefit me?

BENEFITS TO THE SELLER:

  • Buyers come prepared to buy
  • Quick disposal reduces long-term carrying costs, including taxes & maintenance
  • Assurance that property will be sold at true market value
  • Exposes the property to a large number of pre-qualified prospects
  • Accelerates the sale
  • Creates competition among buyers—auction price can exceed the price of a negotiated sale
  • Requires potential buyers to pre-qualify for financing
  • The seller knows exactly when the property will sell
  • Eliminates numerous and unscheduled showings
  • Takes the seller out of the negotiation process
  • Ensures an aggressive marketing program that increases interest and visibility

BENEFITS TO THE BUYER:

  • Smart investments are made as properties are usually purchased at fair market value through competitive bidding
  • The buyer knows the seller is committed to sell
  • In multi-property auctions the buyer sees many offerings in the same place at the same time
  • Buyers determine the purchase price
  • Auctions eliminate long negotiation periods
  • Auctions reduce time to purchase property
  • Purchasing and closing dates are known
  • Buyers know they are competing fairly and on the same terms as all other buyers
  • Buyers receive comprehensive information on property via due diligence packet

BENEFITS TO THE REALTOR®:

  • Generates a list of ready, qualified buyers
  • Offers clients and customers new selling and purchasing options
  • Increases revenue and market share
  • Develops your own market niche
  • Assurance that property will be sold at true market value
  • Property is sold within a relatively short period of time
  • Exposes the property to many potential purchasers
  • Auctions bring people in to look at all your listings, not just the auction listing
  • Successful auctions result in referrals and return business
  • Agents can earn commissions as referring agent/broker, cooperating agent/broker, or as the listing agent/broker

Properties

377 W Hwy 25 70
$369,900
  • 3 Bedrooms
  • 3 Bathrooms
  • 2,988 Sq Ft
  • 1.740 Acres

377 W Hwy 25 70 Dandridge, Tennessee

View Property

1121 Hill Street
$239,900
  • 3 Bedrooms
  • 2 Bathrooms
  • 1,962 Sq Ft
  • 0.560 Acres

1121 Hill Street Dandridge, Tennessee

View Property

1121 Hill Street
$239,900
  • 3 Bedrooms
  • 2 Bathrooms
  • 1,962 Sq Ft
  • 0.560 Acres

1121 Hill Street Dandridge, Tennessee

View Property

1330 Waterfront Drive
$239,000
  • 3 Bedrooms
  • 2 Bathrooms
  • 1,631 Sq Ft
  • 1.150 Acres

1330 Waterfront Drive Dandridge, Tennessee

View Property

1330 Waterfront Drive
$239,000
  • 3 Bedrooms
  • 2 Bathrooms
  • 1,631 Sq Ft
  • 1.150 Acres

1330 Waterfront Drive Dandridge, Tennessee

View Property

707 W Cross Road
$168,500
  • 3 Bedrooms
  • 2 Bathrooms
  • 1,159 Sq Ft
  • 0.570 Acres

707 W Cross Road Dandridge, Tennessee

View Property

707 W Cross Road
$168,500
  • 3 Bedrooms
  • 2 Bathrooms
  • 1,159 Sq Ft
  • 0.570 Acres

707 W Cross Road Dandridge, Tennessee

View Property

743 Autumns Peak Way
$164,900
  • 3 Bedrooms
  • 2 Bathrooms
  • 1,404 Sq Ft
  • 1.680 Acres

743 Autumns Peak Way Sevierville, Tennessee

View Property

743 Autumns Peak Way
$164,900
  • 3 Bedrooms
  • 2 Bathrooms
  • 1,404 Sq Ft
  • 1.680 Acres

743 Autumns Peak Way Sevierville, Tennessee

View Property

Stonehaven Road
$459,000
  • 0 Bedrooms
  • 0 Sq Ft
  • 14.080 Acres

Stonehaven Road Dandridge, Tennessee

View Property

Stonehaven Road
$459,000
  • 0 Bedrooms
  • 0 Sq Ft
  • 14.080 Acres

Stonehaven Road Dandridge, Tennessee

View Property

Lot 2 Harrison Ferry Road
$399,900
  • 0 Bedrooms
  • 0 Sq Ft
  • 7.820 Acres

Lot 2 Harrison Ferry Road Baneberry, Tennessee

View Property

Lot 2 Harrison Ferry Road
$399,900
  • 0 Bedrooms
  • 0 Sq Ft
  • 7.820 Acres

Lot 2 Harrison Ferry Road Baneberry, Tennessee

View Property

Chestnut Hill Road
$395,000
  • 0 Bedrooms
  • 0 Sq Ft
  • 48.710 Acres

Chestnut Hill Road Dandridge, Tennessee

View Property

Chestnut Hill Road
$395,000
  • 0 Bedrooms
  • 0 Sq Ft
  • 48.710 Acres

Chestnut Hill Road Dandridge, Tennessee

View Property

Menu

  • Login
  • Register

Contact Us

  • Email
    markjackson@jacksonjackson.com
  • Phone
    865-397-4214
  • Fax
    865-397-5132
  • Address
    Jackson Real Estate & Auction
    TAL # 4561
    862 Hwy 92 S, Dandridge, TN 37725
© 2021 · Equity Framework

These properties are brought to you by Jackson Real Estate and Auction. TAL #4561.

Log in