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Setting the Standard for Professional
Real Estate Auctions Since 1942

AUCTION UPDATES

Realtor Auctions – Real Profits

Smart real estate agents around the country are offering their clients the auction option. Agents armed with the greatest number of solutions for their clients stand out from the crowd and enjoy greater earnings as a result.

A professional Cates auction is simply another tool for you to offer your current or prospective seller. We offer several partnership opportunities to allow you the flexibility to promote auctions in the way that makes the most sense for your business plan and your clients.

  1. Refer a seller. Select the referral option if you do not wish to be actively involved in the auction process. When the seller you refer completes a successful auction, we’ll simply pay you a portion of the buyer’s premium commission at closing.
  2. Convert your listing to auction. If you prefer to maintain the listing and be involved in the auction process, you and your client can both sign an “Auction Addendum” to your listing agreement that will authorize Cates to conduct the auction marketing and sale. You will receive whatever commission you and your seller negotiated and the auction commission will be paid by the buyer.

The first step is to give us a call or complete the “Agent Partnership Form”. We’ll talk with you about the seller/property and decide together how best to proceed.

Don’t have a specific seller or property in mind? Just give us a call and we’ll be glad to answer your questions and tell you all about how auctions work.

Some of our best auctions were conducted in partnership with traditional agents. Here are a few auction benefits for the savvy real estate agent:
  • Know when the property will sell and when you will be paid
  • Avoid messy contingencies
  • Watch buyers will compete for your client’s property
  • Enjoy a 98% closing rate
  • Speed up the sale
  • Relieve your seller of the need to do further improve properties
  • Increase your market share & revenues by offering new products/services
  • Enhance your company’s image
  • Generate greater referral & return business
  • Brings buyer to action
  • Take sellers out of negotiation process
  • Let the professional Cates Auction team handle all the details
  • Enjoy generous commission splits!
We also offer generous buyer agency commissions so be sure to check out our upcoming auctions!

Interested in real estate auctions as a career? We have wonderful opportunities for licensed agents to become a member of our professional team of realtors. More details are available on our Employment section.

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