Real estate agents and auctioneers at Alex Cooper have been serving Maryland, Virginia, Washington, DC, and Delaware since 1924. Our online and in person listings and auctions sell millions of dollars of commercial and residential properties every year. Our online bidding platform has enabled us to successfully sell hundreds of thousands of dollars of real estate after the lockdown began in late March. There continues to be demand to buy and sell real estate of all kinds in our area. Alex Cooper Auctioneers and real estate agents are committed to serving sellers and buyers during this challenging time. You can still get top dollar for your property even during this lockdown. Our team of auctioneers and real estate professionals are here to help.
1). Contact Alex Cooper
To list your property and be matched with a real estate expert. Contact us online, using the form on the bottom of the page, or call an Alex Cooper representative (410) 828-4838.
2). Connect with Your Personal Alex Cooper Real Estate Agent
Alex cooper will go over a generalized marketing plan and ask questions about your property in order to perform a CMA (competitive market analysis) to determine the value of your property.
3). The Paperwork
An auction listing agreement is sent out for your review and signature. At this stage you will set the reserve minimum for your property and an auction date and time will be scheduled.
4). Marketing Ramp Up
Alex Cooper will implement the marketing strategy. We will need access to the property for photos and information collection. Diligence materials such as leases, building plans and financial statements will be collected if applicable to marketing your property.
5). Auction Marketing Period
Your property is added to the Alex Cooper website and MLS. The marketing is then syndicated across the largest and most popular real estate websites as well as print media to maximize the exposure of your property. We also notify Alex Cooper’s global network of highly motivated buyers.
6). Auction Day
Typically, sellers must be available approximately 30 minutes prior to the close of the auction and for the 30 minutes afterwards. As the bidding draws to a close, you will have the ability to accept or reject the high bid, if it is under your reserve price. The buyer and you will sign the purchase agreement and we will collect the earnest money deposit from the buyer per the advertised terms of sale.
7). Settlement Period
You will be introduced to our settlement coordinator as well as continue to stay in contact with your Alex Cooper sales agent. We will be facilitating communication with the buyer’s title company as well as any requests the buyer may have. The buyer may request access to the property for a walk through. Alex Cooper will review the closing statement on your behalf to be sure it is correct.
8). Closing
Lastly, the property will close, facilitated by the title company. At closing, you will sign over the deed and receive payment.