
Need to sell? Want it sold quick? We Auction Estates - Business Liquidations - Real Estate - Antiques - Vehicles - Equipment and more.
Make one call to sell it all - (208) 467-1588
An auction is an event where the bidders can observe the open competition and act in their interest in the marketplace. Sellers have the opportunity to obtain not only a willing buyer, but the best of all willing buyers. Our firm has conducted over 1200 successful auctions utilizing various competitive bid strategies.
AUCTION METHODS
LIVE BID - Live bid auctions are just what you are used to. During a live bid auction you would expect to bid on a property just like you would expect to bid on an antique, a tractor or a garden tool. At a ArmstrongAuctions.com live bid real estate auction you can always expect to see a bid-calling auctioneer and one or more bid assistants working with bidders. The function of the bid assistants are to ensure that the bidders clearly understand the previous bid, the bid amount the auctioneer is asking for and to answer bidder questions about the property during the auction. A live bid auction is typically a public event where bidders and spectators are able to enjoy the show together.
Online Auctions - Armstrong Auctions has experience with several different types of online auctions. We have held or assisted auctioneers all over the world in hundreds of online auctions. We can conduct online only auctions, live online auctions that are broadcast worldwide and we can also take absentee bids online.
EZBid -Typically we utilize the EZBid process when dealing with commercial properties valued in excess of $500,000.00 or for very unique residential or commercial property valued in excess of $250,000.00. The EZBid process allows bidders to bid from the comfort of their home or office by fax, or from anywhere by phone. The EZBid auction process allows bidders more time to prepare finances and confirm partnership percentages before advancing bids. The EZBid process only allows the top 3 "initial bidders" to proceed to the auction challenge. The auction challenge typically takes four to six hours.
MULTI PARCEL -ArmstrongAuctions.com multi-parcel auction is an event not to be missed! ArmstrongAuctions.com utilizes a computerized multiple property software package that assists in maximizing the value of properties by offering them in infinite combinations. The software package is real time interactive and video projected from our computer screen to an audience screen. The combination live bid and multi-parcel selling strategy ensures that bidders are able to bid on one or more combinations of properties simultaneously and creates competition for properties between multiple bidders with different buying and bidding goals. A multi-parcel auction ensures maximum value for the property and gives each bidder the fairest opportunity to bid on the property, or package of properties that he or she desires the most. Everyone is a winner at a ArmstrongAuctions.commulti-parcel auction!
SEALED BID / TENDER BID -ArmstrongAuctions.com sealed bid auction is used when dealing with complicated commercial real estate transactions where specific terms for the purchase are not all pre-determined by the Seller. In this instance, the buyer has some room to negotiate the terms of the purchase of the property, and the seller is provided an opportunity to potentially receive a higher price, due to the terms of the deal being somewhat negotiable and in some instances, even conditional.