Duties of the Auctioneer
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- Duties of the Auctioneer
Inspect the property to evaluate its sales potential in an auction setting
Provide employment agreement to the seller outlining commissions and advertising costs
Prepare marketing plan with cost estimates
Prepare and place advertising: print media, internet, social media, multiple listing service, direct mail/email
Provide for broker cooperation
Provide regular client communication with marketing and showing updates
Screen potential buyers and verify that they are able to perform upon purchase
Conduct live auction with seasoned professional staff (auctioneers, bid spotters and clerks)
Execute buyer contract and collect earnest money deposit
Provide continuous service and support for seller and buyer (and/or buyer’s agent) from date of auction
until closing (and after, if necessary)
Schedule property closing and deed transfer with closing attorney or title company
