18 Hambleton Ct., Baltimore, MD 21208

LUXURY CUSTOM HOME Stunning Custom Built Colonial Situated on a Private Park-Like Setting in an Exclusive Neighborhood in Baltimore County

Located in Baltimore County, Maryland Alex Cooper was contracted to market a luxury home in a highly sought after neighborhood.  By using a low opening bid to attract interested buyers, within 5 days of marketing the auction, a pre-auction offer was presented which exceeded the seller’s expectations and resulted in the cancellation of the auction.  Pre-selling a property prior to an auction is a common occurrence and leverages Alex Cooper’s  expertise as both auctioneers and brokers.

Sell at Auction Why You Should Sell Your Property at Auction

Using the Alex Cooper auction platform to sell a property can be very advantageous for the property owner. Traditional brokerage purchase agreements for real estate are written with preference given to the buyer, not the seller.

Sell at Auction

The Auction Purchase and Sale Agreement

Our auction Purchase and Sale Agreement (PSA) gives the seller distinct advantages, such as:

  • The Buyer pays the commission via a Buyer’s premium.
  • The Buyer pays transfer taxes.
  • The property sells as it is, where it is.
  • Contingent-free contracts—there are no property inspection, appraisal, or financing contingencies.
  • Buyer pays a non-refundable earnest money deposit as high as 10% of the purchase price.
  • Sale terms for vacant properties require expenses, such as real estate taxes, to be adjusted to the sale date, rather than the settlement date.

Buy & Sell How Does the Auction Process Work?

The Alex Cooper bidding platform gives your property extensive exposure, ensuring a broad audience of potential buyers. This reach is further expanded by syndication across platforms like Zillow, Realtor.com, and Redfin for residential properties, and CREXI for commercial properties, maximizing visibility. Our auction process offers the seller a minimum reserve price, a practice where Alex Cooper Auctioneers has a notable record of meeting or exceeding expectations. This approach protects the seller’s bottom line while ensuring a transparent and fair process where market forces drive the property’s final selling price.

Contact Get Started

The team at Alex Cooper is here to see you through every step of the process of selling your property at auction.

Interested in learning more? Contact the Alex Cooper team today to learn more about the benefits of selling real estate auction.

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