Unique Property Auctions
We specialize in the sale of real estate at auction, with an emphasis on investment properties, commercial properties, unique properties, homes and land. Breco Benton Auction, LLC was formed by Jack Bone of Breco Realty in Madison, Georgia and Bo Benton of L.W. Benton Company in Macon, Georgia. Our experience includes properties that may not fit neatly into a traditional real estate sale, making the auction method an alternative way to bring buyers and sellers together.
Unique Properties and Real Estate Auctions
Some properties stand apart because of their size, configuration, location or circumstances surrounding the sale. Our Real Estate FAQ specifically notes that certain listings may be extraordinary, unusual or overbuilt and that the auction method can provide an alternative to traditional real estate marketing. We use a range of auction strategies depending on the property and the market, including live bidding, sealed bidding, alternative sealed bidding, multi property and online auction strategies.
For buyers, unique property auctions can provide access to real estate that requires a closer look than a conventional listing might receive. Every property is different, so we encourage prospective bidders to review the complete auction information and determine whether the property is appropriate for their plans before bidding.
Our auction listings provide information about the property and the terms of the sale. Buyers should carefully review that information, inspect or drive by the property when possible and complete their own due diligence. Our auction terms state that property information may come from the seller or public records and that bidders are responsible for verifying information to their own satisfaction before bidding.
Properties in Need of Renovation and Investment Property Auctions
Properties in need of renovation or repair can require buyers to look beyond the current condition of a property and evaluate the opportunity for themselves. We do not make assumptions about the condition or future potential of a property. Instead, the information and terms for each auction provide the starting point for a buyer's own research and evaluation.
Our Real Estate FAQ explains that the auction method can be used for properties that may be difficult to sell through traditional methods and can offer an alternative marketing strategy. This can be relevant to owners of unusual or challenging real estate who are considering another way to bring their property to market.
For buyers considering properties that need rehab, renovation or repair, careful due diligence is especially important. We recommend reviewing the available property information, determining your own value and inspecting the property when an inspection opportunity is provided. Our auction terms specifically advise bidders to establish a range of value and bid within their limits.
Bulk Property Auctions and Multi Property Real Estate Auctions
We have experience conducting multi property real estate auctions, giving buyers the opportunity to consider multiple properties offered within one auction. A Middle Georgia online multi property auction conducted by Breco Benton included more than 30 properties across Jones, Twiggs, Bibb and Hancock Counties. Another Georgia multi property auction included properties in Madison, Milledgeville and Conyers.
Our auction history also includes multi property offerings involving properties in different locations and auctions structured around multiple lots. Depending on the terms of a particular sale, properties may be offered individually or through a bidding structure that allows multiple properties or parcels to be considered together. Our Real Estate FAQ identifies Multi Par as one of the auction strategies we use, while past auction listings have also used online multi property bidding.
For sellers with multiple properties to sell, an auction can provide an organized method for presenting those properties to prospective buyers. Our website's current and past auction listings demonstrate our experience with multi property real estate auctions in Georgia.
Whether you are researching unique properties, properties in need of renovation or repair, investment opportunities or bulk property auctions, we encourage you to review the specific auction information before participating. Each sale has its own terms, bidding procedures and property details. Our goal is to provide an auction process that gives buyers the information they need to evaluate an opportunity and gives sellers an alternative method for marketing real estate.