Alex Cooper has an extensive track record of selling vacant and income-producing real estate. Whether commercial, industrial or residential, with tens of thousands of successful sales, Alex Cooper will get top dollar for your property.
We understand the nuances and challenges involved in marketing & selling investment properties. Whether the property is fully leased and in top condition or struggling with vacancies and in need of repairs, we have the skills to show your property in the best light and a large national network of highly motivated buyers.
We conduct auctions using our state-of-the-art online bidding platform in an online-only or in-person auction format. Our combination of superior technology, along with a time-tested, proprietary approach and our robust network of active real estate investors, makes Alex Cooper uniquely qualified to help investors efficiently and effectively maximize the value of their real estate assets.
- Flexible Approach – As an auctioneer & brokerage, we’ll work with you to develop a strategy based that maximizes value & minimizes time to sale – either through a traditional listing, auction or hybrid approach.
- Global Network Of Buyers – Alex Cooper maintains one of the largest networks of real estate buyers in the Delmarva region, and our proprietary approach ensures that your listing reaches the buyers that matter.
- Buyer Pays Commission– We understand that every dollar counts, which is why 100% of our commission is paid by the buyer of the property via a Buyers’ Premium. Unlike many other Auctioneers, we also do NOT charge you to list your property.
1710 Gales St. NE. Washington, DC 20002
Located in the District of Columbia, this 6 unit apartment building was in need of full renovation. The building had multiple tenants and Alex Cooper guided the sellers through the Tenants Opportunity to Purchase Act (TOPA) requirements in order to transfer the building to a new owner. With only 30 days on the market, the auction had over 15 registered bidders and resulted in a sale price significantly exceeding the seller’s expectations.
201-205 E. 30th St., Baltimore, MD 21218
15 UNIT APARTMENT BUILDING
Located in Baltimore City, Maryland a few blocks from Johns Hopkins University. The property was owned by an investor for over 25 years and he turned to Alex Cooper in order to divest of his multi-family assets so he could reposition his portfolio to be focused on retail shopping centers. The auction attracted over 100 inquiries and successfully sold. The seller then purchased a neighborhood shopping center from one of our auctions with a mixture of financing and 1031 exchange funds.
4715 E. Wabash Ave., Baltimore, MD 21215
Located in Baltimore City, Maryland this warehouse had been occupied by a single tenant for over 15 years. When the property went vacant the owner decided to sell the property as opposed to renovating and re-leasing. The owner had been in negotiations with the neighboring property owner but was unable to secure a satisfactory deal. Through our marketing efforts and the auction process, Alex Cooper created a bidding war that ultimately ended with the neighboring property owner paying significantly more than they had offered prior to the auction and purchased the property “as-is” with no contingencies on financing for inspection.
5017 Durham Rd. Columbia, MD 21044
RARELY AVAILABLE BRICK DUTCH COLONIAL
Located in Howard County, Maryland this home is located in a desirable neighborhood but was in need of rehab. The owner decided to sell the property “as-is” instead of investing in rehab to retail the property to a homeowner. The property was advertised with a low opening bid which generated an extreme amount of interest. The auction created a bidding war and the seller was able to realize a healthy profit on the transaction.
4820 & 4830 Winchester Boulevard, Frederick, MD 21703
TWO COMMERCIAL LOTS
Commercial land in a business park located in Frederick County, Maryland. Alex Cooper was engaged to sell the property and we focused our marketing on both end users for the lots as well as investors. The auction was attended by 6 registered bidders. One of the lots was purchased by an investor and the other by a business owner who intended to build on it shortly after settlement. The lots had been on the market for well over a year prior to our involvement and we sold both within 30 days.
The Alex Cooper Selling Process
Click through to learn the steps in the Alex Cooper Auction Selling Process
Contact Alex Cooper
To list your property and be matched with a real estate expert. Contact us online via the form below or call (410) 828-4838.
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. Typically this involves a site visit, where we can also get to know each other in person.
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.
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.
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. It is suggested that the property be made available for scheduled guided tours as well as approved private showings.
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.
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.
Lastly, the property will close, facilitated by the title company. At closing, you will sign over the deed and receive payment.
Please use the form below or call us at 410.828.4838 to inform us about a property you are considering selling. If you are submitting multiple properties feel free to list all of them on a single form.