Home Auctions, Inc.
204 W. 11th St.
Tracy, CA  95376
Phone: (866) 504-8765
Office:  (209) 830-4507
Fax: (209) 830-7736

 
 
National Auctioneers Association
Realtor

CA State Auctioneers Association

Benefits for Builders and Developers

Why Choose PAX?

 

Builder Benefits

 

PAX Sales System Overview

You choose Pacific Auction Exchange due to the age-old forumla, "Supply vs. Demand".

With economists forecasting years of standing inventory, the downturn in real estate sales indicates a new strategy be implemented to reduce current inventories.

Pacific Auction Exchange / Home Auctions, Inc. will sell your standing inventory to net your results.
 
  • PAX = 98% close rate
  • PAX documents have been approved by the CA DRE
  • PAX auctions held at builder property
  • Buyer pays commissions
  • Pre-Approved, non-contingent buyers compete to purchase inventory
  • Accelerated, time-defined sales
  • Choose a specific date to hold your auction
  • No need to negotiate with buyer
  • Properties are listed on MLS by PAX
  • PAX creates comprehensive marketing plan
  • Approximately 75 days - assignment to COE
 
  • Properties assigned for auction
  • Escrows opened
  • Prelims, hazard reports, HOA docs ordered
  • Comprehensive marketing campaign designed using multi-media approach
  • Marketing blitz begins
  • Inventory marketed to local real estate communities
  • Properties listed on MLS
  • Two (2-hour) scheduled previews
  • 1st preview / bidders packages disbursed
  • 2nd preview / bidders packages disbursed
  • On-site auction held by PAX
  • Approximately 30 days to close of escrow
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