* Smart investments are made as properties
are usually purchased at fair market value through competitive bidding
* The buyer knows
the seller is committed to sell
* In multi-property auctions the buyer sees many offerings
in the same place at the same time
* Buyers determine the purchase price
* Auctions eliminate long negotiation periods
* Auctions reduce time
to purchase property
* Purchasing and closing dates are known
* Buyers know they are competing fairly and on the same terms as all other buyers
*
Buyers receive comprehensive information on property via due diligence packet