Frequently Asked Questions
frequently asked questions
BRAUN’s marketing campaigns are most effective over a 75-day period culminating with the auction. However, we tailor our marketing program to each property and situation. In addition, we offer 30 and 60-day marketing programs if necessary or deemed beneficial to the client. When the gavel falls, it’s sold.
Reserve, Published Minimum Reserve and Absolute.
As the seller, you pay ZERO commission; the buyer pays it. Traditionally, sellers pay 5-6% in real estate commissions to sell a property. At BRAUN, we charge no commissions and take no salary for our effort. Your fee may be limited to the marketing costs necessary to expose your property. In other words, every dollar we spend is spent to advertise and promote your property.
Closings can take place the day of the sale. Typically, however, BRAUN performs 30-day closes without contingencies.
Yes. BRAUN sells all properties “as-is” and without any contingencies whatsoever.
We believe a Broker should be fully compensated for bringing a successful buyer to an auction. Therefore, BRAUN pays the “Buyer’s Broker” commission directly. The seller pays nothing.
BRAUN’s bank-trained, lender approved, certified senior appraisers complete an exhaustive analysis. Together with our marketing team and local experts, they determine what the auction sales range is.
In a reserve auction, the seller has the sole discretion to sell or not sell the subject property. In an absolute auction, you may be surprised by the large number of bidders, and in turn, by the higher selling price.
Yes. We can do estate planning valuations and undertake retrospective appraisals if needed. This comprises a large part of our practice.
The fee varies on the type of report, its purpose, and use.
Yes. We have a full service department that handles the project from land value to final breakdown.
Yes, in most Courts, including Federal, State, and Bankruptcy.
We have offices and partners in nearly every market in the United States, with the exception of North Dakota, South Dakota, and Nebraska.
Yes. We have provided both brokerage and/or BRAUN’s WorldBid auction platforms to fiduciaries and for receivers. Additionally, BRAUN’s sales have been approved by the probate court in both overbid and/or confirmation sales.
Yes. BRAUN has certified and experienced valuation professionals which specialize in estate/trust/probate, litigation, bankruptcy, real estate, and business assets. They have over a hundred years in this field combined and are trusted by leading banks, lawyers, fiduciaries, trusted advisors, CPA’s and receivers.