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Welcome to A.S. McGhee Auctions, LLC
Auctioneer Anthony S. McGhee will put his 20 years of expert experience and involvement in hundreds of real estate transactions to work for you.
Until recently, real estate auctions, unlike art and antique auctions, have experienced unfounded negative images in the marketplace. The majority of auctions today don't result from foreclosure of distress situations, but rather are the result of a seller choosing a cost-effective, accelerate method to sell a property. Builders or financial institutions, for example, prefer auction rather than laboring for months or years to sell units of a development one by one.
Auctions allows the seller to eliminate virtually all long-term carrying costs, passing the savings directly to the purchaser in the form of a reduced price. Auction is truly a win-win situation: sellers obtain immediate cash and buyers purchase properties at fair market value, the price is determined by open, competitive bidding.
"Putting a house on the Auction Block – Consider this alternative if your house has been sitting on the market to help it go once, twice… sold."
CNN Money Sept 27, 2007"Auctions catch on as a way to sell houses"
CBS News – Sept. 22, 2007"In a sluggish Market, more home sellers going way of Auctions"
Market Watch Sept. 20, 2007"Developers, Sellers use Auctions to Move the Housing Market"
KCBS News"Auctions Gain Big Popularity"
Realtor Magazine"Look for a shortcut to sell your home by way of Auctions."
New York Times