Tuesday, January 08, 2008

Use Auctions to Increase Your Income

REGISTER A BUYER AT A WOLTZ AUCTION

Earn up to a 2% commission at settlement by properly registering the successful high bidder at a Woltz & Associates, Inc. real estate auction.

Requirements for Cooperating Agents Producing Buyers:

- Agent must be licensed in the state in which auction is conducted.
- A Woltz & Associates Inc. buyer application form must be properly completed and received by Woltz & Associates Inc. at least 24 hours prior to auction.
- The agent must show the property to and attend the sale with the buyer and assist in closing procedures.

SELL YOUR LISTING AT A WOLTZ AUCTION

Earn up to a 3% commission at settlement by entering your listing in a Woltz & Associates, Inc. real estate auction.

Auction Candidates:

- A listing about to expire
- Property that seller wants to quickly convert to cash
- Bridge loan and "subject to the sale of existing property" situations
- High demand - broad market properties where competition between buyers will boost the selling price
- Inactive listing that deserves a new marketing approach
- Estate and surplus properties
- Financially troubled properties


To put a listing in a Woltz auction:


- Agent must be licensed in the state in which auction is conducted
- A Woltz & Associates Inc. auction amendment must be added to listing agreement
- Listing agent maintains sign and lock box on property, conducts open houses, shows property by appointment and attends auction to assist in closing procedures.
- Agent provides Woltz & Associates Inc. with the necessary information to properly represent and promote the property to be auctioned.

http://www.woltz.com/for_realtors.htm