Seller Options

Auction vs Traditional Sale

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Real Estate Sale Terms and Conditions

• Can we really sell your real property in 30 Days?

Yes, we can sell your real property in 30 days but we would rather  take up to 90 days if time permits to make sure that we properly research and market your real estate to obtain True Fair Market Value.  The more research (due diligence) that we conduct on your real property and the more information that we provide prospective bidders about your property, the closer we will come to achieving True Fair Market Value on your real estate.

The more expensive or unique a property is, the longer it typically takes to sell your property using ordinary methods. This is due to an often limited market for these properties. Having a specified date on which you intend to sell creates a sense of urgency with potential buyers, and helps to speed up the entire sales process.

• Get maximum exposure

By compressing the sales period, we can carry out a more aggressive marketing strategy, providing maximum visibility for your property. In addition, we can tailor our campaign to reach the target market most likely to be interested in your property.

• Get a fair market price

An auction eliminates pricing problems because it establishes the real market price that day for the property under the auction terms of sale.

• Gives you control over the sales process

You set the date and time of the sale, the terms and conditions such as earnest money deposits, closing time frames, and more. Because potential buyers know you are committed to sell on a specific date, they do their homework in advance and show up prepared to bid, freeing you from the hassle of dealing with insincere offers, prospects, and contract contingencies.

• Close in 30 days or less after the auction - without contingencies

If you've ever "sold" a property contingent on financing or on the sale of the buyer's property or with other common contingences, you know how difficult and frustrating closing that sale can be. Walter Parker Auctioneer, Inc. auctions are contingency free, so you'll be able to make plans based on an on-time closing of your property.

A property that remains on the market for an extended period can become a serious drain on the owner and the owner's equity. Mortgage payments, maintenance, taxes and insurance can add up to thousands of dollars a month for some properties. A Walter Parker Auctioneer, Inc. auction helps you eliminate those costs that erode your equity, and will often net you the highest price possible.

• Reach the broadest possible universe of qualified bidders

Our experienced marketing staff knows how to put together the right combination of advertising (local, regional, national and international, depending on your needs), direct mail (using our proprietary database of extensive prospective buyers), public relations and direct sales efforts to bring your property to the attention of qualified prospects wherever they may be.

• Marketing:

Hiring a marketing firm is a major decision and our entire staff realizes you only have one opportunity to sell your real property. From answering the telephone, placing signs on the property, preparing your advertising campaign to actual auction day our firm brings years of experience. We pride ourselves in our ability to define your properties highest and best use and market it accordingly. We will never take short cuts in marketing your property. If additional time is needed to work with local health officials, water departments, zoning boards or even local banks to obtain financing, we will address these issues with you. Our goal is to sell the property for top dollar.

Walter Parker Auctioneer, Inc.  insures you the experience, professionalism and proven track record many clients have experienced throughout Texas. From my personal involvement as Vice President of our company  to the involvement of our entire staff, we are only a phone call away at 806-763-3010 or 915-778-4800 Out-of-Area Call Toll-Free 888-700-4137 

• Ethics:

At Walter Parker Auctioneer, Inc., our buyers have confidence that an auction conducted by us is as advertised, the property will be sold, and buyers are not wasting their time and incurring unnecessary expenses. Therefore, our  auction attracts more qualified buyers.

There are some companies in our industry that do not recognize the same responsibility and as a result, they cannot provide the same group of qualified buyers or the largest possible group of qualified buyers that a Walter Parker Auctioneer, Inc. auction can provide.

Such practices by some competitors may include such unethical or illegal practices of advertising an auction as absolute, meaning the property will sell without reserve, when in reality the auction company and seller have an agreement to cancel the auction or withdraw the property from the auction if some predetermined opening bid is not received.

As members of the Texas Auctioneers Association, National Auctioneers Association, as well as the Certified Auctioneers Institute and Accredited Auctioneers of Real Estate, we support the industry's standards of not engaging in such practices. As a result, our buyers act with confidence and you, the seller, receives maximum benefit of your marketing dollars by having more bidders on auction day