READY TO SELL BUT DON'T KNOW WHERE TO START
Let's Work Together to find the best option for you!
Should I list my property as a traditional listing or schedule a real estate auction? Selling your property by Auction or Traditional methods each has unique benefits, and the best choice depends on your situation. You can rely on Cronebaugh Auction & Realty's experience in both Traditional or Auction Real Estate Sales to help lead the way.
We'll help you weigh the pros and cons of each method and guide you toward the best decision for your goals. Whether you choose to sell by auction or traditional means, we'll develop a customized strategy to maximize your property value. No two properties are the same!
Real Estate Auctions
An auction is a competitive bidding process where a property is sold to the highest bidder.
Auctions are fast-paced and can provide a definitive sale date.
AUCTIONS ARE IDEAL FOR
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Properties selling 'as is'.
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Unique or difficult to value properties.
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Sellers who need a defined timeline.
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Estate settlements or multi-property sales.
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Situations requiring a transparent, decisive process.
KEY BENEFITS
Speed: Typically 60 days from listing to closing.
Transparency: All buyers compete at one time in an open bidding environment. The final price is established by real-time buyer demand.
CONSIDERATIONS
Market Dependency: The final sale price reflects buyer demand at the time of auction.
Pre-Qualified Buyers: Auctions require cash or pre-approved financing, ensuring committed participants while narrowing financing types.
TYPES OF AUCTIONS
Absolute Auction: The property sells to the highest bidder, regardless of price.
Ohio Law "prohibits the seller or anyone acting on behalf of the seller to bid or participate in the bidding process."
O.R.C. 4707.23 (A)(C3)
Auction with Seller Confirmation: Also known as "reserve auction". The highest bid is subject to seller approval, providing additional control over the final price.
CHATTELS & PERSONAL PROPERTY AUCTIONS
We offer online and live personal property auctions that can be scheduled alongside your real estate sale. Coordinating both events' increases buyer exposure, strengthens advertising impact, and creates a more efficient transition.
All expenses are paid per the auction or real estate contract regardless of listing type.
330-295-2195
410 S. Fairview Ave. REAR, Dover, OH 44622