Southside Auction Company has an excellent reputation for selling real estate. Our company works with licensed real estate sales associates who are also experienced auctioneers. 

Why Should I sell my Real Estate at Auction?

There are a variety of reasons why you should sell your real estate at auction. Based on our past experience with clients who have sold their properties through our public auctions, there seem to be 3 major factors that contributed to their decisions to have their properties sold at public auction:

(1) The property is sold in "AS IS" condition with no contingencies allowed for the condition of the property or for the buyer's ability to obtain financing.
(This means that the seller is not responsible for repairs, improvement, renovation, etc. prior to the offering of sale. It is the sole responsibility of the buyer to inspect the property to be sold and determine the value and cost of improvement prior to bidding)

(2) High bidders are required to put down an earnest money of 10% of the sales price on auction day and the balance and closing costs are due within 30 days.
(this encourages serious bidders only!)

(3) Trustees and sellers will have the right to accept or reject the high bid.
(If the seller does not approve of the highest bid, they do not have to accept it!)

Selling real estate at auction is fast and effective! Time and time again, we are commissioned to sell real estate at auction because the home has been on the market for months and remains unsold or the consignor does not want to wait weeks or months for the home to be sold. If you have any questions about selling your real estate at auction, please give us a call!

SOUTHSIDE AUCTION CO., INC.
1507 E. 71st ST.
TULSA, OKLAHOMA 74136

(918) 494-5790 (local)
(918) 494-8693 (fax)
(888) 222-6354 (toll-free)
 
southsideauction@tulsacoxmail.com
(E-mail)

FOR MORE INFORMATION ABOUT SELLING REAL ESTATE AT AUCTION, PLEASE SEE OUR WEBPAGE ENTITLED
"REAL ESTATE AUCTIONS"

SUB-PAGES OF REAL ESTATE AUCTIONS
(click on links to go directly to subpages)

"WHY SHOULD I SELL MY REAL ESTATE AT AUCTION?"

"WHAT ARE THE COSTS OF SELLING REAL ESTATE AT AUCTION?"

"THE AUCTION ADVANTAGE"

"SMITH AND SMITH, REALTORS"

"REAL ESTATE TERMS OF SALE"

"SELLER'S DISCLOSURE/DISCLAIMER"

"BROKERAGE SERVICES DISCLOSURE"

"RESERVE PRICES ON REAL ESTATE"

As of May, 2007, Southside Auction Co. began using Smith & Smith, Realtors of Tulsa, Oklahoma as our real estate broker and Beau Williams (a licensed Smith and Smith, Realtors sales associate) as our real estate auctioneer. Our company has known Beau Williams and Jim Smith for many years. We have full confidence in Smith and Smith, Realtors as a professional and well-experienced realty company. Jim Smith has been a licensed real estate broker since 1988. Beau Williams is an experienced auctioneer with 40+ years in the auction industry and has been a licensed real estate sales associate with Smith and Smith, Realtors for many years. Together, Smith and Smith, Realtors and Beau Williams have sold many fine homes in Tulsa and the surrounding area. Like our family, Jim Smith and Beau Williams are native Tulsans who are rooted in Tulsa and are familiar with this city, its residents and the surrounding areas!

SMITH AND SMITH, REALTORS
"Providing Homes for Tulsa's Diverse Community"
Jim Smith, Owner & Broker
4845 South Sheridan, Suite 509A
Tulsa, Oklahoma 74145
Office: (918) 622-0402
Cell: (918) 671-8724
Fax: (918) 806-8019
SMITH.AND.SMITH@SBCGLOBAL.NET

CHECK OUT JIM'S WEBSITE FOR FURTHER INFORMATION, LISTINGS & UPCOMING AUCTIONS
http://www.smithandsmithrealtors.com/

REAL ESTATE TERMS
(as established by Jim Smith of Smith & Smith, Realtors)

 All properties are being sold at public auction "As Is" with no contingencies allowed for the condition of the property or for the buyer's ability to obtain financing.

Any costs incurred by the buyer to obtain financing will be the sole responsibility of the buyer.

 High / Winning bidders are required to put down a earnest money of 10% of the sales price on auction day.

 Balance and closing costs are due within 30 days.

 Earnest money can be paid by cash, personal check (with proper I.D.) or cashier's check.

 Trustees & sellers have the right to accept or reject the high / winning bid.

 All buyer inspections are to be completed before / prior to bidding.

 Buyers and sellers will agree to have closings conducted by Scott Title & Escrow. 

SCOTT TITLE & ESCROW
www.scotttitle.com
* 4510 E. 31st St. * Suite 100 *
Tulsa, Ok. 74135
(918) 749-9130 (Local)
(918) 745-0832 (Fax)
scotttitle@sbcglobal.net

 Approximate costs to buyers will include the following: 

* Closing Company Charges ($300.00) * Title Opinion & Name Check ($300.00) * Title Insurance (to be determined / varies) * Final Abstract ($150.00) * File Deed ($15.00) * 
* Misc. Fees (to be determined / varies) *

Property Taxes will be prorated through the day of closing