Stressed out, thinking you might lose your assets?
Need to Downsize your personal property?
With today's interest rates; and rising inflation, food and gas costs - monthly payments keep rising. Or even the pressure of starting to fall behind in your payments.
We offer solutions where you know the starting date of the sale & the date the sale will end - providing you peace of mind that you are always in control.
* No buyer's premium. (This increases the number of potential buyers participating in our live sales.)
* Anyone can 'just list' & 'wait and see'. We bring the Buyers!
* Perfect for sellers needing to save money in today's economy.
* Advertised & promoted on Real Estate Advertiser Networks
The National Association of Realtors® (NAR) agrees that auctions can accelerate a sale, in addition to offering these key benefits for sellers:
- Higher visibility among pre-qualified, prepared buyers who are ready to buy.
- Greater competition among buyers, can lead to a sale price higher than the market value.
- Reduction of long-term carrying costs, such as property taxes and ongoing maintenance.
- No need for staging, showings, or open houses.
- Elimination of stressful negotiation processes.
- No uncertainty about when the home will sell.
LIVE in-person & broadcasted online - on the front lawn!
The basics…REAL PROPERTY AUCTIONS WORK! "Millions of dollars of Real Estate sold by Auction"
Call our local Auctioneer with experience and proven results today - for a free quick 30-minute service, no obligation discussion on a custom solution that fits your needs.
Our Live Sales on The Front Lawn
WE PROVIDE A CUSTOM REAL ESTATE MARKETING CAMPAIGN & SALES EVENTS:
The photography, videography, and advertising campaign specific to your home, we custom-make videos, ads, creative writing, and a yard sign*.
OUR MOST POPULAR PACKAGE: 1% FOR SALE BY YOU - Until It’s SOLD!
- Real Estate For Sale - In-Person LIVE, on the front lawn.
- Your Home 'WILL BE SOLD!'* on sale day! Just text us for more info.
- You Pick The Date You Want It SOLD!
- For Sale By You - Packages
- REALESTATEADVERTISERCANADA NEWSPAPER
- REALTOR MLS
- PRIVATE SALE MLS
- AUCTION MLS
BUYING with us
How to place your bid/offer
INSTRUCTIONS: How to place your bid/offer on TheRealEstateAdvertiser.com
(1) You must fill out a buyer agreement (see above, download, print, and sign) and attach it to the online bidding form to the right.
(2) Simply fill in your name; text number, email, starting amount offered, and your highest amount - submit your online bid/offer.
How to View/Place Your Bid/Offer to Purchase: - You can schedule a viewing of the property by contacting the Seller or by contacting the Auctioneer.
- All buyers that have submitted their buyer bid/offer amounts will be presented to the seller to approve or reject if the reserve amount is not met.
- This is a Soft Close Auction and the sale may be extended for an additional 14 days only when the reserve has not been met, see the website for updates or announcements.
BUYING
If you have never witnessed or bought at any type of auction before, you are in for an adventure! You will be hooked like many others on the transparency and social experience of participating in one of our auction events. Before you get started, we strongly recommend becoming acquainted & familiar with the procedures and terms of buying at auction. Buying at auction is very easy, and we strive to be clear and aim to make it as simple & accessible as possible.
There are a few different ways to bid, mainly face to face in public; on the front lawn, at the business, farm, car lot, or your home. We live broadcast our auctions on AuctionsCanada.com‘s international network of auctioneers & auction websites, but if you prefer to call us, email, or text us your bids we can execute them as absentee bids.
1. GETTING STARTED
Everybody is welcome as a participant; spectator, buyer, or seller, and we encourage you to come in person to our auction sales on preview days & watch and experience a live auction.
The best way to find out about our auction events that you might be interested in, check our online auction calendar, subscribe to our email, follow our newsletter which is published in the Real Estate Advertiser Newspaper, social media accounts, or subscribe to have a copy of the newsletter mailed to you every month.
All auctions will have scheduled previews that are open to the public or have been by invitation only which allow an opportunity to inspect the items, including real estate that will soon be going up for auction. It's important to remember that items as sold as-is, where-is, which means you are responsible for verifying the condition of anything you are bidding on.
Our approachable auction customer representatives (ACR), will be available to answer any questions you may have. All items sold at auction are usually used, so it is normal for items to have some wear & tear. If you are unable to come for a preview, our ACR can assist you by phone or email, and all sales are photographed & available to view in our online catalogs. It is important to note that all items sold are subject to our "Conditions of Sale" which is a binding contract effective as soon as you place a bid.
Our auction sales are usually available to view online 15 days ahead of estate or online auctions, & between 7-14 days before a specialty, or real estate auction.
Our Live ONLINE Auctions
ONLINE BIDDING
How do I bid?
You will first need to register for a bidder account. You must fill out a buyer agreement and attach it to the online bidding form, along with your starting bid amount and your highest amount. Your bidder number will be your phone number and only need to fill in only once. After submitting the online bid form, you are now verified and your email as part of the registration process, you can bid in any of our auctions open for bidding.
Once you want to buy something you simply select the maximum amount you wish you bid from a dropdown list labeled "Place A Bid" to confirm your online bidding. Once you confirm your bid and the amount you are willing to buy, our system will let you know if you now have the highest bid, or if you need to place a higher bid to beat somebody else's bid.
WE STRONGLY ENCOURAGE ALL BIDDERS TO VIEW THE MAIN PAGE OF OUR WEBSITE FOR UPDATES ON CURRENT HIGH BIDS, OR SALES NOTICES AFTER BIDDING.
IF YOU ARE OUT BID, SIMPLY RESUBMIT AN NEW BID FORM WITH YOUR NEW BID AMOUNTS. YOU DO NOT NEED TO RESUBMIT A NEW BID AGREEMENT IF YOU AREADY HAVE DONE SO.
* What amount should I bid?
We strongly recommend placing a bid up to the maximum amount you are willing to pay. Our system will bid up to that amount on your behalf but will try to win you the lot for the lowest amount possible.
* When does bidding end?
The bidding ends once the reserve has been met and highest bid amount has been approved by the Auctioneer. However, refer to the terms and conditions displayed in every auction’s disclaimer of the terms and conditions of the sale.
* Are there any additional fees?
Each sale is subject to an industry-standard buyer's premium on the winning bid. Some auction sales events will offer no buyer’s premium. All sales are clearly disclosed & acknowledged prior to bidding.
* I no longer want what I bid on. Can I retract my bid?
Unfortunately, the answer is no. Once placing a bid means you intend to purchase, and are entering into a legally binding contract to buy, per our conditions of sale. You are responsible for any and all bids placed on your bidders account, even if placed in error. Please make sure to keep your account credentials safe & secure, and to log out after you finish bidding.
* Why didn't I receive a notice that I was outbid?
In a perfect world, email often seems to be instant, but it is not, & delays can sometimes be introduced outside of our control. It is becoming more common to be erroneously labeled as spam, especially near the end of the auction when the system is sending out large volumes of outbid notifications. Our emails are rarely delayed. However, if there is something you absolutely need, we strongly recommend you place a bid for the maximum amount you are willing to pay, & the watching the lot option on your bidder's webpage so you monitor competing bids arriving in real time.
AFTER YOU BUY
We told you being part of our auction events would be exciting! Congratulations on your WIN. All successful bidders will receive a phone call from the auctioneer and will receive an invoice via email after the auction has concluded with payment instructions.
SHIPPING
We can provide an in-house shipping service for Canadian and USA buyers but you are free to arrange shipping with any shipper of choice. However, shipping is ultimately the responsibility of the purchaser, and the seller nor the auctioneer will be responsible.
BUYING Online FAQ’S
FREQUENTLY ASKED QUESTIONS
How can I find which of my bids were successful?
You can visit your bidder's webpage page which provides detailed information on anything you were successful in buying. Alternatively, you can contact our offices by phone or email.
What are the bidding increments?
The online bidding software generally accepts bids that increase in standard increments. Our auctioneer may deviate from the standard increments from time-to-time, but will always publicly announce the next bid they are looking for.
Methods of payment
Payments for all purchases are made by e-transfer or large money wire transfer. Please contact our accounts payable for all bank wiring information.
When can I pick up what I bought?
Scheduled pick-up days are confirmed by phone and in writing right after every auction. We strongly recommend you too pick it up on pickup days, or by appointment after the sale. Note that storage fees are charged on items left longer than agreed in writing. Simple.
SELLING with us
SELLING
HOW TO SELL
Selling at auction is very easy and simple. The first step is to speak to our auctioneer who will provide a free, no-obligation verbal quotation and recent sale statistics. We recommend using a certified personal property appraiser, or a real estate appraiser to obtain a written report of fair market value before you decide on a reserve for your auction event.
Our ACR’s will advise you on auction estimates, recommend the most appropriate sales event type of marketing and advertising to be used, and or issue you a receipt if you wish to consign. All Reserves fees and costs of the sale can be discussed with our ACR’s and items to be left for auction. Or you can fill out our web form; email us a photograph of your items and any details and we will get back to you as soon as possible. We are also happy to make house visits at a time that suits you, so please do give us a call at 226-975-3570 to arrange.
CONSIGNMENTS
Once you have made the decision to sell and consign your property to us, your items will be scheduled for a specific sales event.. An ACR will also provide you with a receipt for your consignment, and review our terms and conditions with you in person, and review the costs & commission structures and any additional applicable fees.
All personal property sold at auction is subject to a commission based on the hammer price of each sale plus any advertising & marketing fees.
Our selling commission structure is:
$0 to $20 50%
$21 to $50 $10
$51 to $1000 20%
$1001 to $5000 15%
over $5001 10%
Insurance +1%
Real Estate 2%
* optional no buyers premium 0%
* Advertising & Marketing +1%
Items consigned to the auctioneer must also be insured. If consignors do not have proof they will have the option of paying an additional 1% of the hammer price, to have their items insured through the Auctioneer (while in our possession for auction), or clients may choose to have their items insured by their existing home insurance (proof of insurance may be required).
PAYMENT TO CONSIGNORS
All payments are to be made 10 business days after the date of the auction event. Our detailed consignor statement of account for anything sold, as well as any fees & costs applied.
SELLER’S FAQ’S
SELLER'S FREQUENTLY ASKED QUESTIONS
What if I have an entire estate or household and house to sell?
Our experienced auctioneer is prepared to handle any estates regardless of any size, from cottage to multimillion dollar property. Contact us for more information on our proven results of handling estates.
Are my items insured while with the auctioneer?
All consignment sales are required to be insured while in our direct possession, and are insured against all risks while on our premises. The limit of liability is the reserve price (typically 70% of the low end of the auction estimate). Our insurance fees are calculated based on the mean auction estimate until sold, and on the hammer price after the auction when the auctioneer has called the sale and announced the winner.
What is a reserve?
A reserve is the minimum hammer price that you, the consignor and owner or the property being sold at auction, will accept for your item at auction. The reserve bid is the auctioneers contract with you - we will honour the reserve and not sell the item below that amount. The reserve is mutually agreed upon by you and the auctioneer at the time of consignment.
What did my items sell for?
If you were not able to watch the auction and don't want to wait for your detailed statement to arrive, you can check for your statement online or contact us directly. However, we generally contact you within a week following an auction.
About Auctioneer
Member of CFIB Community
The Canadian Federation of Independent Business (CFIB) is the country’s champion of small business. With over 97,000 members, we’re Canada’s largest non-profit organization devoted to creating and supporting an environment where your business can succeed.
About Our Local Auction Auctioneer Steven Tunks
Our Local Results
AUCTIONEER / APPRAISER RESULTS TO DATE:
* Generated $ 24,769,932.50 in bids (2019 to 2024).
* Online Traffic for Auctions: 330,688
* Total Bids: 2116
* Local Business Person of 2022, 2023, 2024 (voted by local business owners)
* 2500+ appraisals, asset investigations, export reporting for various business-related accounts, and evaluations for businesses, banks, lawyers, trustees, and private lenders.
* 55+ Umpire assignments under the Insurance Act R.S.O.
* Accredited, Certified, Expert Personal Property Appraiser, Auctioneer, Insurance Umpire, Expert Witness with over 22+ Year's Experience.
Our Bidding Process
Our bidding process is simple and convenient for all parties involved. With our website, buyers, sellers, and realtors/brokers can log in from anywhere using their computer or mobile device. The current bid is displayed online for all to see, making it easy for everyone to stay up-to-date with the auctions.
Our Team
We understand that buying and selling assets can be a complex process. That's why we're dedicated to providing a stress-free and hassle-free experience to all our clients. Trust us to handle your auction with integrity and transparency, and we'll help you get the results you're looking for.
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