Our team including Paul Sobwick, CAI, AARE, CES, has conducted thousands of successful sales involving residential, commercial, industrial, raw land, lots and unique properties. We also liquidate business assets, equipment, and all sorts of personal property.
NEW PRICE! GREAT DEAL! Print is dying... so let our online guerrilla marketing expose your property to thousands of potential buyers for a low flat fee. You'll get all the benefits of our custom targeted auction campaigns without the overhead of print ads.
TRAC offers a flat-fee program for our popular online/live combination real estate auctions. This unique program provides premium exposure for your property and encourages online bidders to submit their best and final offers or risk being outbid at the live sale.
Click here for general terms governing our online real estate auctions.
Overview of our online/live auction format:
These auctions are conducted in 2 phases:
During the 1st phase (online), the seller reserves the right to accept any bid at any time.
at the conclusion of online bidding, the 2nd phase (live) will commence, with a live auction to be held on the premises. The high online bid will registered as the opening bid at the live auction. TRAC will make reasonable efforts to contact the high online bidder to allow said bidder to challenge any higher bid.
Most properties are made available for inspection at one public open house, typically held on the weekend prior to the live sale; otherwise by appointment only by calling the auctioneer's office.
For some properties a Registration Deposit must be submitted to TRAC in good funds before bidders are permitted to submit online bids. All Registration Deposits are held in escrow by TRAC.
Only ID Verified bidders will be permitted to bid online.
There will be a Buyer’s Premium in an agreed amount in effect1
The Purchaser must increase his/her deposit to 10% of the high bid within 3 business days
30 day settlement is generally required for residential properties; 45-60 days for commercial properties
Included items:
appointment of TRAC representative to oversee your sale
1-2 TRAC banners, installed
1-2 custom auction signs, installed
listing on this site with online bidding
listing on numerous local, regional and national auction directory sites
MLS listing
listing on REALTOR.COM
custom property flyers
Property Information Packets
assistance throughout the process from the TRAC auction team
professionally-staffed, live outcry auction held on the premises
Additional targeted marketing materials are available at cost. Contact TRAC for more details.
Sellers must provide the following before properties are enrolled for auction:
any required disclosure/disclaimer statements
applicable lead disclosures
fully executed auction services agreement (available on the myTRAC system)
To get moving on your sale immediately, please pay using Paypal.
1 The high bid plus the referenced Buyer's Premium will equal the final purchase price. For example, if the auction is subject to a 5% Buyer's Premium and the high bid is $100,000 you would add a $5,000 Buyer's Premium for a final purchase price of $105,000. The Buyer's Premium is a fee charged to the buyer by the auction company and is used to compensate the auction company and any participating brokers.
Please login in order to ask the seller a question.
Direct Payment
PayPal
Offline Payment
Money Order
Wire Transfer
Cash
Certified or Cashier's Check
Personal Check
Shipping and Payment
Shipping Conditions
Seller pays for shipping expenses
Postage
World Wide Shipping
-
Insurance
-
Shipping Method
N/A
Shipping & Payment Details
Signage should be installed within 2 business days of payment and completion of necessary paperwork.
Shipping Calculator
Shipping Calculator
Enter your US Zip Code:
Enter the Shipping Weight:
lbs ounces
Select Shipping Carrier:
Select Service Type:
Shipping Calculator Information
- The rates quoted are the real-time rates at time of submission.
- The rates quoted are the actual rates provided by the listed carrier.
- The rates quoted are not guaranteed by TRAC Auctions
- The rates quoted should be considered to be an estimate only.
- The shipping calculator gives quotes based on USA zip codes only.
- Check each auction item closely, shipping may have been specified.
- Check shipping rates directly with the seller to guarantee accuracy.
The poster, TRAC, assumes responsibility for the contents of this listing in accordance with the published Terms
Bid on this Item
Flat Fee Online/Live Real Estate Auction
You must be registered in order to access any related documents/due diligence and to bid.