Auctions Real Estate in Egypt
Coldwell Banker Coldwell Banker has a long history of professionalism in the Real Estate Industry for more than 100 years and now that same professionalism has been incorporated in the Auctions real estate industry which was founded in 2005 and had successfully grown to introduce a new concept for Egypt auctions in the Egyptian real estate market, Coldwell Banker – Auction Services had held over 52 Auctions till 2009 for almost all kinds of properties, to become the Market pioneers in the Auction Services. With the auctions home; Coldwell Banker Egypt, your property is welcomed to auctions land..
Coldwell Banker Auction Services is holding a minimum of two auctions per month, You can also subscribe to the Coldwell banker notification service to know all details of any auction by Coldwell Banker Auction Services in advance.
Buying real estate assets through auction services offer bidders the following privileges:
- The Auctioning methodology is referred to as a mean for purifying the "premise" via public announcement of a competitive bidding proceeding, and thus implying proper legal standing of the "premise's" deeds and records.
- Auctioning is a mean for protecting bidders against any harmful liability arising from the "Premise" subject of the disposition, and thus granting bidders the necessary confidence for the undertaking contrary to any other buying mean.
- Purchasing through auctioning reassures any bidder that the seller possesses the necessary sincerity and willingness to dispose the "premise" in event the targeted price threshold (which was agreed upon with the auctioning management team) is attained during the auctioning session.
- Finding real opportunities.
- Asset or "premise" Inspection rights granted to bidders, which starts the moment any auction announcement is made while lasting till the holding of the formal auction session.
- Bidder's real time view of demand for the auctioned premise, which facilitates decision making in aspects relating to the premise or any similar real estate asset in the vicinity.
- In event the auction is awarded to any other competing bidder, there will be no expenses incurred by the remaining participants as the security deposit is refunded.
- COLDWELL BANKER deals with the most professional and renowned valuation experts in the Egypt who possess vast industry experience and market expertise.
Why Selling through auctions?
- Auctions create competition among buyers.
- An auction generates excitement and heightens buyer interest.
- An auction exposes the property at the national level in the shortest period of time and accelerates sales.
- The auction process provides 3 opportunities to sell - before, at and after the auction.
- Auction brings interested buyers to a point of decision and increases the sincerity level.
- The seller sets the terms and conditions of the sale while maintaining control of the property throughout the auction.
- Auctions eliminates or reduces the negotiation process.
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