Benefits for Buyers
Buying real estate property is one of the most important financial commitments you can make.
That is why it is very important to do your research, identify your specific needs, expectations and financial capabilities, seek professional advice and understand the current market buying options.
Unlike traditional multiple offer situation, Domus Optima Sealed-Bid Real Estate Auction system is also beneficial to buyers providing equal and transparent buying environment.
Below are just a few benefits available to Domus Optima Sealed-Bid Real Estate Auctions’ buyers:
- The seller is committed to sell.
- Simplifies the process of real estate purchase and removes the necessity for the buyer to participate in lengthy negotiations – all terms and conditions are determined prior to the Sealed-Bid auction.
- Perspective buyers receive comprehensive information regarding the property through a due diligence package prior to making their decision on participation.
- New level of sale process certainty – purchasing and closing dates are known prior to auction.
- Perspective buyers are competing fairly on the same Sealed-Bid Real Estate Auction terms and conditions.
- Complete elimination of pre-emptive offers (an offer made before the scheduled offer time) possibility.
- Complete elimination of phantom offers (potentially fabricated offers that spark extra bidding) possibility.
- Social distancing friendly.