realtor & auctioneer co-brokerage: a profitable partnership
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Realtors and Auctioneers: A Profitable Partnership
Co-Brokerage
Joe R. Pyle Complete Auction and Realty Service 888.875.1599www.joerpyleauctions.com
The Region’s leader in Real Estate and Personal Property Auctions since 1979
Joe R Pyle Complete Auction and Realty Service
The Services We Provide
The Financial Benefits of Co-Brokerage
Our People
Auctions vs. Conventional Listing
Proven Results
Contact Us Today
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888.875.1599 joerpyleauctions.com
Professional licensed and bonded auctioneersOffices in West Virginia and SW PennsylvaniaExperienced full time staff at each locationProfessional property managementStrategic, effective marketing programNumerous parties ready to make a purchace nowGuaranteed funds
Put our professional staff and reputation to work for youOver 30 Years of Service in the Region
The Advantages of Co-Brokerage
Auction vs. Conventional Method
888.875.1599 joerpyleauctions.com
• Impossible to predict how long the house will be on the market before selling.
• The Client continues to incurr mortgage, utility and maintenance costs during listing agreement.
• The listing price is subject to reduction if the house does not sell within a few months.
• Once the house is under contract, it is often subject to contingencies and repairs resulting from home inspection process.
• Ongoing negotiations often result in a lower sale price.
Conventional Listing
• Seller sets the sale date, usually within 30 – 60 days.
• Competitive bidding brings a fair market price, with a level of excitement that only an auction generates.
• The down payment is required in order to bid. This eliminates time spent with unqualified buyers and excessive showings.
• No contingencies. The home is sold ”As Is, Where Is”
• Closing typically occurs within 30 days after the sale.
• Seller pays marketing costs
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Auction Method
What’s in it for youThe Financial Benefits of Co-Brokerage
888.875.1599joerpyleauctions.com
Naturally a Realtor must consider the impact a Co-Brokerage agreement will have on his or her commission on the sale of Real Estate. Realtors who work with our company will still earn a commission on the sale of Real Estate. Call our offices to learn more about our program.
Commission
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Increased Sale Price
A Co-Brokerage agreement is not the only method by which Realtors and Auctioneers can work together. We offer a referral bonus to Realtors that bring their clients to our auctions as buyers. Realtors that bring the winning bidder to one of our Real Estate Auctions will receive a 1% commission based on the final sale price.
Referral Program
A Real Estate Auction will bring a fair market value for the home, occasionally even beyond the appraised value. For large amounts of acreage, a multi-parcel auction can increase the value even further.
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888.875.1599 joerpyleauctions.com
Fairmont, West Virginia 60+ Total AcresSOLD - $829500
Rimer Hill Road Templeton, PASOLD - $226,800
Sherwood Forest Dr. Bridgeport, West VirginiaSOLD - $150,000
A demonstrated history of successProven Results
Who we areThe Joe R Pyle team of professionals
Joe R. PyleOwner, Auctioneer, Broker
Charlotte PyleOwner, Controller
Kevin Teets, CAI, CESGeneral Manager, Auctioneer
Andrew Yoder, Jr.Auction Manager, Auctioneer, Realtor
R. Jared ShinnDirector of Marketing
Robert PhillipsAuctioneer
Jimmy MorrisSetup ManagerMitch Osborne
Office Manager, Realtor
Contact our team todayLet’s Begin Our Collaboration Now
Call Jared Shinn, Director of Marking Toll Free: (888) 875-1599 ext. 509
Visit us on the Web: http://www.joerpyleauctions.com
www.facebook.com/JoeRPyleAuctions
@joerpyle
http://www.linkedin.com/company/joe-r-pyle-complete-auction-and-realty-service
WV212 AU001708