Graystone Auctions to Auction Scottsdale Home and Personal Property
Graystone Auctions specializes in auctioning homes & personal property for heirs & seniors downsizing to long term care. The next auction is Saturday, October 17th, at 10 AM at the home to be auctioned: 13839 North 63rd Place, Scottsdale, Arizona.
• Fetching the highest price,
• Having numerous pre-qualified buyers vie for the home simultaneously,
• Knowing the exact day, date, and time the home will sell, and
• Having the buyer pay the sale commission and marketing fees.
• Selling both the home and personal property simultaneously by the same company.
Graystone Auctions focuses on two halves of the same niche: heirs who are selling a loved one's home and personal possessions in or out of probate, and seniors who wish to sell their home and personal possessions to downsize to long term care.
Matt Knowles, a real estate & estate specialist with Graystone Auctions and Phoenix View Realty, compared a conventional home sale to a home sold at an auction, "Home sellers who list their home for sale conventionally will enter into a contract with just one buyer who they are essentially wed to for the 30 to 60 days the transaction takes to close. During the subsequent inspection period, the buyer may raise objections or cancel the contract. The buyer may also fail to raise the funding required to close escrow."
"When a home is auctioned, however," continued Matt Knowles, "there are many competing buyers, all of whom have to provide proof of funds before they can bid. The winning bidder will pay 10% of the highest bid immediately, with the balance due within 30 days." Matt Knowles added "In a conventional home sale, the homeowner can expect to sell sometime during the period of average-days-
In addition to getting the highest price for their home, sellers will also save on sales commissions and marketing fees. In a conventional sale, a seller can expect to pay 6% of the sale price to the realtors. In an auction, however, the buyer pays a 10% premium to cover the marketing of the home and the sales commission.
Lastly, most realtors will not sell the personal property in a home because they are neither licensed nor trained to do so. Graystone Auctions can sell both.