BENEFITS TO THE BUYER:

* Smart investments are made 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

* Auctions reduce time to purchase property

* 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 via due diligence packet