Alex Cooper Real Estate Auctioneers Case Study: Surpassing Expectations in Maryland

Surpassing Expectations in Maryland Sale of a Spacious Mid-Century Rancher on 3.4± Acres, Features a Private Setting & Swimming Pool

A remarkable estate sale of a spacious mid-century rancher on 3/4 acres in the prestigious Caves Park neighborhood of Owings Mills was entrusted to Alex Cooper Real Estate Auctioneers. Facing the challenge of exceeding a reserve price and outperforming the valuation set by traditional realtors, our team embarked on a strategic auction campaign that not only met but significantly surpassed all expectations.

Challenge

The primary challenge was to:

  • Overcome a conservative market appraisal by traditional realtors.
  • Exceed a reserve price set for the auction, ensuring maximum return for the estate.
  • Selling the property as-is where-is with no contingencies on financing, inspections, or appraisal.
  • Sell the property in 21 days.

Outcome

The auction turned out to be a tremendous success, with 13 registered bidders driving the sale price beyond the initial estimates provided by real estate experts, ultimately reaching $556,500. This exceeded the reserve price and affirmed the seller’s choice to work with Alex Cooper Real Estate Auctioneers, demonstrating our capacity to achieve outstanding outcomes through meticulous planning and implementation.