• Home
• Upcoming Auctions
  • All Auctions
  • Commercial Real Estate
  • Accelerated Listings
  • Commercial Equipment
  • National Residential Auctioneers
• Be a Buyer
  • Buyer Information
  • Real Estate FAQ
  • Equipment FAQ
• Be a Seller
  • Our Marketing Expertise
  • Our Auction Solutions
  • The Clients We Serve
• Past Auctions
• About Us
• Contact Us
  • Contact Us
  • Employment Opportunities
  • News & Events

An auction event occurs when a professional auctioneer creates competition among multiple buyers who want to purchase a specific asset. Fundamentally, the auction process is one of the last bastions of free market capitalism. The highest market value price is realized through an open market with buyers bidding and sellers selling.

At NCA, we specialize in reaching the target marketplace so that the highest maximum value can be achieved through a competitive bidding process, whether it is through a live auction, online auction or live and online simulcast auction.

There are many different auction processes National Commercial Auctioneers uses to create competition for your commercial property. We are not limited to just one auction process because nothing is a one size fits all solution in the real estate business.

We take the time to understand all aspects of your commercial property and situation, and apply the best auction process that we believe will achieve your goals.

Auction methods we are experts in:

• Live On-Site Auctions are the well-established auction method and is one of the best ways to get your property sold on a day certain at a certain time.
• Live On-Site and Online Auctions are particularly attractive for properties where buyers may not be able to attend the auction personally, but have inspected the property in advance of the auction.  We offer an online simulcast service that allows the online bidders to hear the auctioneer while bidding online through our time tested online service.
• Online Only Auctions for the sale of commercial equipment along with certain commercial real estate properties.    When you hire us to conduct an online auction, we implement all aspects of our traditional live auction service but do it through an online auction platform.  For an online auction to be an effective auction method, it must be managed by an experienced auctioneer.
• Sealed Bid Auctions, including Stalking Horse bid solicitations during the 363 sale process, as well as other hybrid methods are variations on this strategic sale process.
• Multi-Par Auctions for selling commercial land tracts, commercial condominiums, and other multi-offering auction events. In some situations, the Bidders Choice auction method is preferred. We have the ability to execute each auction method with the goal of generating the highest market value price for your property based on your circumstances.
• Absolute Auctions can be the best way to generate the most interest in your property, and may be the best way to realize the highest price, and we will help you fully understand all of the pros and cons of this method of sale.
• Disclosed Minimum Bid Auctions give the buyers the opportunity to know in advance what the minimum bid amount will be. For this strategy to be effective the minimum bid should be far below what any buyer would ever expect to pay for the property and the seller must be prepared to sell the property at or above the minimum bid price.  This auction process generates demand from buyers by offering significant profit potential to the marketplace and gives the seller a bottom line number acceptable to them.
• Reserve Auctions give the seller the right to accept or reject the high bid unless the high bid is equal to or greater than the undisclosed reserve price agreed upon in advance by the seller and the auctioneer. For this strategy to be effective the seller must be highly motivated to sell and the buyers need to believe that the seller is highly motivated to sell.

While every buyer would prefer that every auction be absolute or have a disclosed minimum bid, sometimes that is just not possible because of certain legal requirements of the seller. The marketplace will accept reserve auctions as long as the reason for the sale and the credibility of the auctioneer motivates the buyer to bid. Before National Commercial Auctioneers will accept a reserve auction, we must thoroughly underwrite the value and the property so we are confident that the property will trade at the auction.

As a policy, National Commercial Auctioneers does not publish misleading “opening” or “starting” bids unless they are the actual minimum bid for the property.