At Wooley Auctioneers, our goal is to provide you with the complete support you need to ensure your commercial property is sold quickly, seamlessly, and at true market value. Our experienced team is well versed in dealing with the special intricacies of commercial real estate auctions in Arkansas. We can aggressively market your valuable land and any improvements while generating a pool of targeted buyers who will bid top-dollar for your commercial property.
Trust our expertise and let our family-owned business help you achieve the best possible results from your commercial real estate auction. Request our auction services today!
How Our Commercial Real Estate Auctioneers Can Help
When you work with Wooley, you are partnering with expert auctioneers who will guide you every step of the way. Our commercial real estate auction company provides comprehensive services, meaning we handle all of the details while keeping you informed, making the entire process easy for you. You can count on the Wooley team always having your best interest in mind.
With three generations of experience, our knowledge and large personal contact lists allows us to develop a targeted marketing campaign for your commercial property, including print, social media, and online exposure to qualified buyers who will purchase at true market value. We locate both national and international bidders in order to generate adequate competition and exposure for your commercial real estate auction event. We also create a competitive environment between bidders, allowing the auction price to exceed that of a negotiated sale.
Commercial properties we sell at auction are:
- Commercial & Industrial Properties
- Industrial buildings – warehouses, factories
- Retail buildings – restaurants, storefronts
- Hospitality buildings – hotels, resorts, motels
- Office buildings
- And more!
Benefits of Selling Commercial Real Estate at Auction
A major advantage for sellers auctioning their commercial building and land is the certainty to close. Before the auction, all bidders are required to register. The registration process involves making a substantial down payment of cash and showcasing an ability to close by providing proof of funds. This assures the owner that, should the target price be reached, the commercial real estate property would be sold without any form of delay.
Partnering with Wooley provides you with an avenue for selling your real estate at the earliest possible time, which considerably reduces expenses related to holding on to a commercial space, such as maintenance and taxes.
Our Commercial Real Estate Auction Process
We first begin by discussing your goals for the auction and viewing the commercial space. Once we sign on and get your auction date set, our team gets to work organizing and preparing for the auction. We catalog inventory, take pictures, get everything ready for the website, and implement a marketing strategy. You won’t have to worry about a thing!
Once the first step in our process is complete, we flip the switch, and your auction is live for bidders to engage in right away. The auction runs concurrently with the marketing period. Commercial real estate auctions typically run for 30-45 days.
We collect earnest money down payments via cashiers check then deliver the payments to the title company and they start the closing process. The title company will disburse funds to all parties in approximately 30 days at closing.
Learn more about our auction process here.
Contact Our Commercial Real Estate Auctioneers
What sets Wooley Auctioneers apart from other auction companies is that when you work with us, you can trust that you are being taken care of. We work hard to ensure that each and every one of our auctions is as successful as possible. We have managed countless successful auctions for commercial real estate property owners in Arkansas and we could assist you too. View our past commercial real estate auctions to see what we can do for you!
Request our auction services today to get started selling your commercial property at auction.