This false stigma is quickly evaporating in the market place.

The auction process is a widely and rapidly increasing preferred method of sale for non-distressed residential properties, especially luxury homes.

While auctions have been a beneficial way to buy and sell bank-owned homes, auctions are and continue to be used for short sales and abandoned vacant properties as liquidation auctions.

TriStar Advanced REA Auctions are structured and marketed to achieve fair market price with the sales price realized reserved, as set confidentially by the sellers.

The auction process is a wise alternative to explore to sell or buy real estate.

TriStar Advanced REA Auctions are transparent and streamlined procedures, with far-greater reach in marketing, which will always result in a fair market price sale with the simplicity of bidding and registration.

The auction process is a very simple, transparent way of transferring real property between two parties.

Whether you decide to use an agent or not, the Auctioneer of  TriStar Advanced REA, is always available to meet with you face to face or over the phone to explain the process and devise any strategies for bidding on the day of auction.

TriStar Advanced REA is committed to ensuring every buyer and/or buyers agent feels 100% comfortable with the process and ensures the buyer feels he or she has been treated fairly, whether or not they are represented. 

There is several options for buyers at a TriStar Advanced REA.

OPTION 1: There is no buyers premium fees when you are represented by an Tristar Advanced Real Estate Advisor

However due to the new government laws set in place in 2024 there will be a small advisory fee for the TriStar Advanced Real Estate Advisor to work with you hands on through out the process. 

OPTION 2: There is no fee- no buyers premium either when you are represented by your own real estate agent or broker!

OPTION 3: Represent yourself throughout the auction process. 

Do you need a real estate agent?

NO, using a real estate agent is an entirely a matter of personal preference. If you wish to use an agent, please feel free.

While paying in cash is certainly an option, many homes can be financed through traditional home loans.

Buyers are usually only required to put down a deposit, prove they are approved for financing their purchase and given between 30 and 45 days to close the loan and the deal.

While the auction process may be unfamiliar, it is actually geared toward transparency and simplicity.

On TriStar Advanced REA Auction website, all  the pertinent property information, disclosures and auction terms are provided to you the prospective buyer's weeks before any bidding starts.

Open houses are held on all properties which gives you the buyer the time to enjoy the home intimately prior to any bidding. 

You the buyers are given a home inspection before bidding and the opportunity to get their own.

You the buyer will have full disclosure of the homes condition and possible future needs along with anything else that pertains to the homes value.

Although technicality the auction is an as-is sale process. However, with a TriStar Advanced REA auction you have the security of knowing that you have the following protections in place.

• Loan Contingencies*
• Full disclosure and transparency of the condition of the home
• Full transparency of the market evaluation and current market activity
• Guaranteed Clear Title with insurance

Will I receive good and clear title to the property?

Yes. All properties auctioned by TriStar Advanced REA, are transferred to the buyer via the Residential Purchase Agreement prepared by the seller, with insurable title as determined by the title agent indicated on the contract.