Auction will stimulate and accelerate the sale cycle unlike other sales method that will allow you to reap return on capital investment more quickly.

Contrary to the outdated “fire-sale” concept, auction represents a positive and informed business decision where bidders compete equally and act in their own interest. The seller has the opportunity to obtain not only a willing buyer, but the best of all willing buyers, one that has been stimulated by a desire for seller’s property and actively competes with other bidders to obtain that property.

Prestige-believes that a properly marketed, professionally conducted, public, open outcry auction will invariably produce a fair market sale price. We believe that the highest bid received at the auction, when all bidders are afforded the equal opportunity to make their “last and best bid”, represents the ultimate appraisal of the fair market value of the property. All current and new prospects will be forced to the point of decision and be required to compete openly and aggressively, if they are to prevail, at a public auction. No other method of sale can produce comparable urgency and competition.