Idaho Homes for Sale by Auction

Idaho Homes for Sale by Auction

Q. What is a Real Estate Auction?

A real estate auction is an effective method of selling real estate. It is an accelerated marketing process that involves the public sale of any property through open & competitive bidding.


  • Smart investments are made as properties are usually purchased at fair market value through competitive bidding
  • The buyer knows the seller is committed to sell
  • In multi-property auctions the buyer sees many offerings in the same place at the same time
  • Buyers determine the purchase price
  • Auctions eliminate long negotiation periods
  • Auctions reduce time to purchase property
  • Purchasing and closing dates are known
  • Buyers know they are competing fairly and on the same terms as all other buyers
  • Buyers receive comprehensive information on property via due diligence packet


Michelle Penick, Boise Idaho Real Estate Agent

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Michelle Penick

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Big Cougar Island, McCall, now Eligible for Nomination for Live Auction, early Fall 2020. Sold subject to published reserve of 2020 Appraised Value. Auction bid will be for LOT(S) only. Improvement value, administration & title deposit fees and deposit from winning bidder due on Auction date. To nominate all four lots or an individual lot(s) for Auction, review Sample Application Form. See doc tab for more detailed information.
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