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Premiere Estates Auction Company’s Most Frequently Asked Questions

7. How do I know what fair market value is?
Premiere Estates Auction Company’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.

8. If I am using a broker I like, but am not getting the results I need, what do you suggest I do?
We encourage – and welcome – cooperation with all brokers. Because most of our sales combine the efforts of a local broker with our marketing campaign, we analyze each potential sale individually, and work with the property owner in making decisions such as how involved the broker should be.

9. If a broker brings a buyer to the auction, how are they compensated?
We believe a broker should be fully compensated for bringing a successful buyer to an auction; therefore, Premiere Estates pays the “buyer’s broker” commission directly. The seller pays nothing.

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