THE ADVANTAGE

OF REAL ESTATE AUCTIONS

JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE

SHINNSTON & ST. ALBANS, WV AND MT. MORRIS, PA

Professional licensed and bonded auctioneersOffices in West Virginia and PennsylvaniaExperienced full time staff at all locationsProfessional property management for all types of

Real EstateStrategic, effective and targeted marketing program

including direct mail, newspaper, online and social media advertising

Extensive database of prospective buyers and investors ready to purchase Real Estate

A history of success working with attorneys, financial institutions and private sellers in West

Virginia, Ohio and Pennsylvania.

Put our professional staff and reputation to work for you

Over 30 Years of Service in the Region

The advantages of our zone specific approach for the sale of multiple parcels

Real Estate Sales: Auction vs. Conventional Method

• Impossible to predict how long the house will be on the market before selling.

• The Seller continues to incur maintenance costs during listing agreement.

• Realty commission taken from the final sale price of the property.

• Marketing campaign usually limited to sign placement and limited newsprint/online advertising.

• Each property is advertised and sold individually.

Conventional Listing

• Seller sets the sale date, usually within 30 – 60 days.

• Competitive bidding brings a fair market price, with a level of excitement that only an auction generates.

• The down payment is required in order to bid. This eliminates time spent with unqualified buyers.

• Advertise up to 25 properties with a single marketing campaign. Save up to 80 % on marketing costs.

• Commission is obtained through a buyer’s premium, not the amount paid to the Seller.

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Auction Method

The ProcessA Step by Step Guide From Listing Through Closing

30 – 45 day listing of the properties

Preparation of brochures for direct mail campaign

Placement of signage, including date, time, location, contact information and website

Launch of direct mail and online campaign – 4 to 5 weeks prior to auction date

Placement of newspaper advertisements – 2 to 3 weeks prior to auction date

Sign contract with high bidder. Collect 10% down payment (held in escrow)

Closing

A History of Success

Proven ResultsAn extensive history of success

• A demonstrated ability to market and sell multiple properties in a single campaign

• Working relationship with numerous attorneys, banks and financial institutions in the tri-state area for the sale of Estate, Foreclosure and OREO properties in addition to hundreds of sales for individuals

• Proven success with a wide variety of real estate properties, including residential, commercial, acreage, hotels, resorts, farms and more

OUR TEAMJoe R. Pyle, Owner Andrew Yoder, Jr., Auction ManagerWayne Yoder, Auction Manager R. Jared Shinn, Director of MarketingBecky Haddix, Marketing Manager/Graphic ArtistMitch Osborne, Real Estate Sales Person/Closing AgentDanielle Strenko, Social Media Manager

(304) 592-6000jrpyle@windstream.net

Visit us on the Web: http://www.joerpyleauctions.com

WV212AU001708