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Why You Should Retain The Bounds Auction Company |
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The Bounds Auction Company strives to create a comfortable and enthusiastic bidding environment. Exclusive seller reprsentation . Our experience shows. Because Auction Works! | ![]() |
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From initial strategy & planning, through property preparation, staging, marketing, clean out, personalty disposition to closing and post-sale planning & consultation. We are with you every step of the way. |
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Case Studies |
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Case #1 Commercial Real Estate
Property had not been on the market in over 80 years and had not been listed prior to the auction marketing.
Special circumstance: Owners also had a full retail liquor license that was in escrow with the State of PA. The limit of the escrow period was near. Time was of the essence.
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Case #2 Vintage Auto Collection
Property Condition: Varied. Autos hadn't been run in a number of years. At a relatively small expense to the seller, all autos were inspected by a local mechanic familiar with the collection who specialized in vintage autos and all but one was quickly rendered to running condition. This preperation made a bankable differance in value
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At the time of this offering, selling directly from the premises via on line bidding was unheard of. Bounds Auctions was one of the pioneers of this approach. |
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Case #3 Residential Real Estate Property Details:
Property Condition:
Owner had already purchased another property He had a strong equity position and as a professional financial analyst, was well aware of his cost to carry the property.
Type of auction: Onsite live with live internet bidding available and voice only webcast. |
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Case #4 Multi Family/Investment Property Property Details:
Property condition:
Strategy:
Terms: By seller's acceptance, $25,000 deposit via electronic transfer at knockdown to be increased to full 10% within 48 hours, 10 % buyer’s premium, 45 day closing. No contingencies. |
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