Trade Your Real Estate for Auction Properties

Explanation of Trade-In Guarantee:

• Bidder wants to bid but fears owning two properties, for a long period of time, or is concerned about double payments and qualifying for loans.

• If you are the winning bidder, the RE/MAX 100 Auction Team will guarantee the sale of your present property, so you do not have to own two properties.

• The guarantee is a wholesale number—but you have the opportunity to obtain full fair market value for your property.

How does the offer to trade work on real estate?

• Submit, in writing, a firm bid to one of the auctioneers on the auction property you wish to buy.

• A member of the RE/MAX 100 Auction Team or an independent appraiser inspects your property and presents you with a written guarantee.

• This assures you two things:
1. You will have a known, minimum amount of money, which you will receive from your asset, 30 days following the close on the property you purchased at auction.
2. You will not be exposed to owning two properties.

Why and when should you consider entering into a real estate trade agreement?

• When you find that perfect property and your heart is set on ownership.

• Time is of the essence in the world of auctions.  Property owners are not afforded the luxury of listing and selling their real estate through the traditional, private treaty method.

• Often, banks or mortgage brokers find it difficult to lend to buyers until their primary residence has sold.

• The RE/MAX 100 Auction Team trade guarantee removes this barrier and benefits both the buyer and seller.

Unique trade-in guarantees offer these benefits:

• Helps sellers get more bidders

• Helps buyers be able to participate

• Gets auction company a future auction

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