Auction will stimulate and accelerate the sales cycle unlike other sales methods that will allow you to reap the return on capital investments 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Contrary to the outdated “fire-sale” concept, auction represents a positive and informed business decision where bidders compete equally and act in their own interest.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 the seller’s property and actively competes with other bidders to obtain that property.

Prestige believes that a properly marketed, professionally conducted, public auction will produce a fair market sale price. We believe that all bidders are afforded an equal opportunity to make their “last and best bid”, representing the ultimate appraisal of the fair market value of the property. No other method of sale can produce comparable urgency and competition.