
About Downs Auctions:
• Established in 1979
• Founded by Bill and Vonda Downs, owned by Larry and Debi Downs
• Specializes in liquidating Real and Personal property through the unique method of auction marketing
• Visit their website at www.downsauction.com
Services:
• Auction with Reserve
• Absolute Auction also known as Auction Without Reserve
• Multi-parcel and Multi-property auctions
Benefits to Sellers:
• Buyers come prepared to buy
• Quick disposal reduces long-term carrying costs, including taxes and maintenance
• Assurance that property will be sold at true market value
• Exposes the property to a large number of pre-qualified prospects
• Accelerates the sale
• Creates competition among buyers - auction price can exceed the price of a negotiated sale
• Requires potential buyers to pre-qualify for financing
• The seller knows exactly when the property will sell
• Eliminates numerous and unscheduled showings
• Takes the seller out of the negotation process
• Ensures an aggressive marketing program that increases interest and visibility