Benefits to the Buyer:

Investment opportunity, 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

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