Auction Services Group Inc is a real estate auction company that helps clients selling residential, commercial, and industrial property create the best auction strategy to suit their needs.
Based in Chicago, IL, the business is a member of both the National Auctioneers Association and the Illinois Auctioneers Association, and conducts sales in more than 31 states.
There are auction strategies utilized for both oral and sealed bid auctions. ASG helps sellers decide which strategy is best-suited for their property.
Auction strategies include:
• Absolute auction - no matter the price, the property is sold to the highest bidder with no minimum bid or reserve
• Minimum bid auction - the seller determines what the minimum bid will be and the property will be sold if a bid is received that is equal to or exceeds the minimum bid price
• With reserve auction - the seller reserves the right to accept or decline a high bid either during or after the auction
• Sealed bid auction - there are provisions for a best and final offer and there is flexibility for bidders to keep or increase their bids
If you are interested in selling your property at auction, please give us a call!. Auctions|Charity Auctions|Foreclosures|Real Estate