MEMPHIS HOME AUCTIONEERS

Auction Any House For Market Value Fast With Juris Auctions

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NEED A MEMPHIS HOME AUCTIONEER OR HOUSE AUCTION? CALL 1-901-254-8200.

When you sell a house at auction, you’ll get true market value and pay absolutely NO commission.

BUYERS COMPETE

An auction brings all buyers together to compete for your home

FAST & EFFICIENT

A auction means an end to expenses and an accelerated sale

MARKET VALUE

Bringing multiple buyers together helps ensure you get true market value

YOUR HOME HAS COMPETITION. WE CAN FIX THAT.

At first glance to a buyer, your home may look like other homes on the market. But Juris Auctions can help. We’ll differentiate your property, and make it stand out. Since buyers have choices, it’s crucial to zero in on and promote your home’s uniqueness. Combined with effective auction marketing, this helps to bring you true market value – fast.

CONVENTIONAL HOME SALE VS. AUCTION

Consider this hypothetical example of a house listed for $250,000 and then sold conventionally after some time and negotiation. In the second hypothetical example, the same house is quickly sold at auction with no negotiation and a high bid of $250,000. The mortgage balance is assumed to be $100,000.00.
*See notes below for details and additional assumptions.
HOMES OF VIRTUALLY ANY TYPE OR VALUE CAN BE SUCCESSFULLY SOLD AT AUCTION. CALL 1-901-254-8200 FOR MORE DETAILS.

CONVENTIONAL SALE
CONTINGENCIES: YES
CLOSING IN MONTHS: 6
NEGOTIATION (-5%): $12,500.00
BUYER CONCESSION: $3,500.00
COMMISSION (7%): $16,380.00
MORTGAGE PAYMENTS: $3,636.00
TAXES: $2,250.00
INSURANCE: $1,600.00
UTILITIES & UPKEEP: $2,700.00
TOTAL COSTS: $42,566.00

TOTAL NET: $207,434.00
% OF LIST PRICE: 83%
% OF COST TO SELLER: 17%
AFTER MORTGAGE PAID: $107,434.00

AUCTION SALE
CONTINGENCIES: NO
CLOSING IN MONTHS: 2
NEGOTIATION: –0-
BUYER CONCESSION: –0-
COMMISSION: -0-
MORTGAGE PAYMENTS: $1,212.00
TAXES: $750.00
INSURANCE: $533.00
UTILITIES & UPKEEP: $900.00
ADVERTISING: $4,500.00
TOTAL COSTS: $7,895.00

TOTAL NET:  $242,105.00
% OF TOTAL PRICE: 96.8%
% OF COST TO SELLER: 3.2%
AFTER MORTGAGE PAID: $142,105.00

*Notes: In these hypothetical examples, annual mortgage payments are assumed to be $7,272.00; annual taxes, $4,500; annual insurance, $3,200; and annual utility and upkeep expense at $5,400.00. Values may be rounded. Customary closing costs are not included in these calculations, and will apply to all sales scenarios. The equity contribution of mortgage payments is not factored in. As with any hypothetical example, your results may vary based on property, market, and other factors; there is no guarantee of specific results and yours may vary. This framework is provided only as a starting point, and you are encouraged to calculate your own actual expenses and expectations. Please contact us at 1-901-254-8200 so that we may discuss your specific scenario. 

THE JURIS HOME AUCTION PROCESS
auction scheduled
AUCTION SCHEDULED

Once a date is selected, a comprehensive home marketing plan is put into motion.

auction marketing
STRATEGIC MARKETING

Sophisticated, ongoing marketing takes place right up until the home auction.

auction marketing

HOUSE IS SOLD

At auction, high bidders emerge, the house is sold, and you are paid.

BROKERS & AGENTS

Have a home that needs to be sold now, for market value? We can help. There is no additional commission fee to upgrade to an auction. Call us now at 901-254-8200.
HOME AUCTIONS: 1-901-254-8200
CURIOUS WHAT YOUR HOME MIGHT BRING? GET IN TOUCH TODAY.
Memphis Home Auctioneers - Auction Any House Fast
JURIS AUCTIONS™️
5865 Ridgeway Center Pkwy, Suite 300
Memphis, TN 38120
1-901-254-8200
Call us from anywhere. We serve a large, multi-state area and offer a vast network of brokers, appraisers, and auctioneers all across the United States.

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NOBEL PRIZE WINNING ECONOMISTS RECOMMEND AUCTIONS! ➔LEARN MORE
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