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INTEGRITY As a Buyer, it is important for you to know
that at an auction conducted by us, the Seller is committed to selling the property
on auction day. Some auction companies have engaged in deceptive marketing practices,
advertising an auction as 'absolute or without reserve', when in reality it is subject
to the opening bids received by the auction company prior to the auction beginning.
In these cases, if the opening bids are not acceptable, the auction is cancelled.
This practice is illegal in many states and has been deemed unethical by the National
Auctioneers Association (NAA). As leaders in the auction industry and members of
the NAA, we recognize and adhere to the their Code of Ethics, which spells out the
auction company's obligation to properly inform the buyers during the marketing
campaign whether the auction is absolute or with reserve. Therefore, we are committed
to providing you with a clear and concise understanding of the property being sold,
the terms of the auction, and the auction process as it relates to that specific
auction.
We have been successfully marketing real estate by auction for nearly a three decades.
We understand that for us to continue successfully marketing real estate by auction,
we must continue to market properties of sellers who are truly committed to sell.
When you make the decision to attend our auction, you will know the seller is truly
committed to selling the property on auction day.
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