Auction Experts Creating Liquidity from your Property Portfolio
Call: (021) 4278455 Email: info@denisbarrett.com
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Auctioneers & Property Consultants
81 South Mall
Cork City
Tel: (021) 4278455
Fax: (021) 4278522
Email: info@denisbarrett.com
Selling By Auction
Sell in 90 days or less. By specifying a date on which you intend to sell,you create a sense of urgency with potential buyers and this becomes a catalyst for the entire sales process. Exclusivity. Focus on your property alone by exclusively showcasing it throughout the marketplace,which will provide maximum visibility among the target market most likely interested in your property.Our experienced marketing professionals,public relations and direct sales efforts will bring your property to the attention of qualified prospects. Carrying Cost. A Denis A Barrett auction helps you eliminate the costs that erode your equity,and will often net you the highest price possible. Control. Buyers act on your schedule because you set the date and time of the sale and the terms and conditions such as money deposits,closing time frames and more,thus eliminating negotiations. Potential buyers know you are committed to sell on a specific date,therefore,they do their homework in advance and arrive ready to bid on auction day. Price. Auctions establish their fair market value and eliminate guesswork in determining the asking price.There's no limit on the upside potential. Close in 30 days or less. Denis A Barrett auctions are contingency free,so you'll be able to make plans based on an on-time closing of your property.Selling By Private Treaty
Potentially Long Sales Process. In a slowing market,its possible that your property will remain on the market for months or even years,leading to price reduction to encourage buyer interest. Carrying Cost. A property that remains on the market for an extended period can become a serious drain on you and your finances.Mortgage payments,maintenance and insurance can accumulate to significant monthly costs. Lack of Control. There is less motivation for buyers as you are waiting on them. Plus,you must negotiate all aspects of the sale. Price. You risk overpricing,and thus seeing little interest,or under pricing and selling for less than the property is worth.The upside potential is limited by the asking price. Extended Closing Period. If you have ever 'sold' a property contingent on financing or on the sale of the buyer property or with other common contingencies,you know how difficult and frustrating closing that sale can be.