The Auction Event is the means of Converting Assets to Cash
Today. Auction Marketing creates an URGENCY whereby, all
buyers must respond within the advertised time frame, or risk
losing the asset.
The seller has selected a definite date on which
to allow interested parties to compete for this opportunity. Potential buyers
are now competing against other buyers rather than with the seller, bidding
their price.
Intensive Marketing Period
which reduces long-term carrying costs, including taxes,
maintenance and management costs.
Exposes the asset to a large
number of suspects and prospects within a short period of
time.
Seller schedules the time and
location as to when the asset will be sold.
The asset is sold "AS IS &
WHERE IS".
All contingencies are
eliminated prior to bidding.
BENEFITS to the BUYER
Buyer determines the price
that they will pay for the asset.
Buyer knows that there is a
level playing field whereby the same Terms & Conditions are
being offered to all interested parties.
All buyers receive
comprehensive due diligence/asset information packages.
Extensive negotiation periods
are eliminated.
Success requires of the seller a
true motivation to sell and confidence in the decision to use
Marine Auction Exchange LLC. auction marketing process, with flexibility in
negotiations and financing options.
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