• NORTH AMERICA AUCTIONEERS

    The "express" selling method

    Have a sales contract on your property in 21 days!

    Sell quickly and efficiently by auction

    Work With an Expert​

    E. Peter Spatz is a licensed broker and full time real estate auctioneer with 20+ years of experience

    A GREAT ALTERNATIVE!

    You HAVE another choice besides FSBO and traditional listings

    Move on with your life

    Sell when you want. Get a price you are happy with. Close quickly.

    Got Questions?

    We've got the answers! Contact us for more information.

  • Why People Choose Us

    • Has your property been sitting on the market too long?  
    • Do you feel your real estate agent isn't doing enough to sell your property?  
    • Are you ready to 'move on' but stuck with a property that isn't selling?
    • Do you want your property sold 'yesterday'?

    We offer a viable alternative to traditional ways of selling.

    North America Auctioneers is a leading full time Nationwide real estate auction service.

    We have developed a system of selling Real Estate quickly and efficiently by auction. We are also a fully licensed Real Estate Brokerage retaining all of the safeguards and marketing advantages, such as listing your property in the MLS, as you would with a traditional Real Estate Brokerage. When we work one-on-one with you, the seller, we create a custom tailored marketing program to result in the most acceptable outcome for your situation whether you are selling your family home, a luxury home, a package of investment properties or even commercial buildings.

     

    By the way, we are NOT a foreclosure auction company, but we can offer you an alternative to foreclosure. IF you have received a 'notice of default' or 'Lis Pendens' filing, please contact us. We can offer help to distressed property owners.

    The auction process gives YOU more control over the outcome.

    • You can choose between an absolute auction or reserve auction* (see FAQs)
    • You can set the reserve price (minimum acceptable price) for your property
    • You set the date and time of sale that is most convenient to you 
    • You set the closing date that works for you (typically 30 days after the auction)
    • You set terms of the sale.  Sell "As-Is", no financing contingencies and a large deposit
    • Open Houses are scheduled just prior to the auction (no more annoying calls to view at 5pm)
    • Buyers compete against each other to buy your property
    • Buyers must adhere to all conditions sellers set for sale (no negotiating)

    Get in touch.

    Call us today at 800-273-5913 for a no obligation consultation.

  • Frequently Asked Questions

    What is it like being at an auction?

    If you have never been to a real estate auction before, we do recommend that you attend one of our auctions prior to a sale where you plan on bidding. However, we will thoroughly explain the process and procedure and answer any questions before beginning the actual sale. These are live auctions and usually last about 30 minutes from start to finish. Remember, these are NOT foreclosure auctions. These are properties being sold by private owners in a faster and more efficient way than the traditional listing or FSBO methods.

    What do I need to do if I want to bid at the auction?

    • If you are seriously interested in a particular property and would like to have a professional inspection done prior to the auction, contact our office to arrange a time before the sale.  The majority of properties are being sold "AS-IS" with no contingencies, so it is up to the buyer to do their research.
    • Arrive at least 30 minutes early to have any questions answered and to review the Property Information sheet.
    • Determine in advance the maximum amount you are willing to pay for the property.
    • Have a state issued photo ID (driver's license) and checkbook (no credit cards) to register and receive you Bidder's Card.  
    • Have access to funds available up to the amount you would spend for the specific property.
    • If you need bank financing, get pre-approved for an amount that you would spend on the particular property so you will be prepared to close within the time required (generally within 30-45 days from the sale).  Refer to the auctions "Terms & Conditions" on the Property Information sheet.

    Does the property have clear title?

    •  When the title is transferred to you at closing, it is guaranteed free and clear of all liens and encumbrances with a title insurance policy provided by the seller issued by the closing agent.  The buyer does not pay for the title insurance policy.  You will receive the highest and best Warranty Deed.

    Is a home warranty available?

    • Yes, at a minimal cost to the buyer.

    If I am the highest bidder, does that guarantee I get the property?

    • YES.  If you are the winning bidder at an "Absolute" auction, the property will be sold to the last and highest bidder regardless of the price.
    • If it is a "Reserve" auction, it is subject to the seller's acceptance.   
    • Unless the advertising says “absolute”, it is a reserve auction.

    Do I have to pay anything if I am the winning bidder?

    • You will be required to place a non-refundable earnest money deposit as required by the auction rules specific to that sale.  The balance of the contract sale price shall be due at closing.
    • The earnest money deposit will be non-refundable and due on the date of auction. In most cases, cash or a personal / business check is sufficient, however, it is best to check with our office to make certain that certified funds are not required. The balance of the contract purchase price shall be due at closing.

    What is the "Buyer's Premium"?

    • The buyer's premium is a service charge on the hammer price (winning bid at auction).  It is charged to cover marketing expenses and is a necessary contribution to the costs of the administrative process.  This has been an accepted, time-honored tradition since Roman times.
    • The buyer's premium is added to the final highest bid and creates the total "Contract Sales Price".

    For example:

    • Your winning high bid is $100,000
    • Add the 10% Buyer's Premium + $10,000
    • Contract Sales Price paid to Seller = $110,000

    Interesting History:

    The buyer's premium (B.P.) was a feature in Roman auctions during the reign of Augustus, when buyers were required to pay a 2% premium on purchases. The modern buyer's premium was introduced at 10% by Christie's and Sotheby's in London in September 1975. Both of those auction houses currently charge a 25% B.P.

  • Meet Our Team

    E. Peter Spatz

    A Licensed Real Estate Broker and Licensed Auctioneer

    Peter has been on the forefront of real estate auctions in the state of FL, particularly in the Tampa Bay area, for over 20 years. He has a level of understanding and professionalism that is unmatched in the industry. Peter takes away the uncertainty of selling your property at auction and makes the entire process FUN!

    Contact him at 800-273-5913

  • Get "hot off the presses" notifications

    of upcoming auctions!

  • PROPERTIES FOR SALE

  • Connect With Us

    Main Office: 10241 Little Road | New Port Richey | Florida | 34654    727-863-9200

    peter@naainfo.com

    Peter Cell 727-271-0909