Answers To Your Questions
Everybody’s got something to ask Lincoln. Check the list below for answers to some of the questions he’s most frequently asked. Got a query that’s not on the list?
How much do you charge for your services?
Real Estate: We collect a percentage commission based upon the sales price of your home. Our commissions are competitive and services provided are complete and turn key.
Auctions: Depending on the auction, taking value, amount of contents and property value into account, our commission is based on a percentage of the sale. Sometimes we charge a Buyer’s Premium, depending on the sale. We also provide services in cleaning, prepping and securing properties. Services are invoiced on a case by case basis.
Video: Every time someone inquires about our services, the first thing we tell them is that we are in the business of helping people tell their story via video. Pricing for each project is based on several variables and on a case by case basis.
What areas does your company cover?
Why choose an Auction to sell my house?
The auction method of marketing works extremely well when there is a motivated seller and the property needs to be sold. Some advantages can also be found by utilizing a quick closing time, no inspection contingencies and most of the time a cash-fueled closing. Combining a “no contingency” offer and all of the other expedient terms of an auction, we’ve created a whole lot of happy customers over the years.
What are the best websites for me to search for my next home?
We feel www.Realtor.com is the very best site to utilize for your home search. Of course, you can also check out other sites such as Trulia and Zillow, but keep in mind their information is not always up-to-date and current. When working with buyers, we also set up a custom search on our local Multiple Listing Service (MLS) to make sure any new properties that match our buyer clients’ stipulations will automatically populate to their email.
When is the best time to sell my house or have an auction?
Historically, the best time to sell is in the Spring, Summer and Fall, but we are busy 12 months out of the year. The market slows down during the holidays, but we advise our clients that this may be the perfect time to sell as fewer properties are on the market at that time. When it comes to an auction, we do them year round. The urgency with an auction far outweighs other logistics, such as inclement weather and holidays.
Should I get a pre-approval letter before I start looking?
Yes, always make sure you know where you stand when it comes to securing financing. We work with all of the reputable lenders in town to make sure our clients receive the best service possible when it comes to a mortgage. The mortgage process is ever-changing, so make sure you stay up-to-date with a solid loan officer. Also, going into an offer situation, you (as the buyer) will have more negotiating power if the seller knows that your financing is in place.
How important is a home inspection?
One of the most important elements of buying a home is the inspection. We always recommend you secure a licensed home inspector to check out any property you are purchasing. The strength of every transaction relies upon a good home inspection. There are also other inspections that are sometimes required, such as termite and pest, rado, structural and surveys… but don’t worry, we are here to help facilitate and move you through the process.
Why choose LCR and LCA?
Experience. We have lots of it. Our Owner and Chief Auctioneer has been conducting auctions and selling real estate since the late 1980’s and he has sold it all from houses, farms, cars to estates and business liquidations. You name it – Lincoln has sold it. Lincoln is a second generation Auctioneer and Realtor who was trained by his father. He uses some of the same training principles that have been used for thousands of transactions when guiding his team at LCR and LCA.
We can do an auction on-site or at our office. A lot of that depends on the amount of real and personal property to be sold. Sometimes it makes sense to conduct the auction at your house or place of business, but if it doesn’t, we have several options.
Do you have an auction facility or can I have the event at my property?
We can do an auction on-site or at our office. A lot of that depends on the amount of personal property to be sold. Sometimes it makes sense to conduct the auction at your house or place of business, but if it doesn’t, we have several options.
Do you have a local office?
We are located at 410 Wall Street, Jeffersonville, Indiana. We have a very comfortable, warm and inviting office where we meet with clients on a regular basis. Plus, our location is pretty cool and only 2 blocks from the new Big 4 Walking Bridge.