Our Services

We offer demographic analysis, strategic planning and targeted marketing for the following real estate services:

• Auctions

• Brokerage

• Consultations

• Receiverships

 OUR GOAL

Simply stated, our goal is to assure maximization of the value of the real estate assets through our Company that combines individualized state-of-the-art marketing applications with national resources, ingenuity, and depth of experience.

The Brokers at Federal Auctions and Brokerage have sold hundreds of millions of dollars in real estate all over the country. Consequently over the last few decades of marketing property, we have amassed a very large database of prospects & representatives. Additionally, all of our associates are deeply integrated into the fabric of the Chicagoland market and beyond, thus having extensive contacts throughout many industries and disciplines.

Federal Auctions and Brokerage and its associates are members in a myriad of real estate associations and honorary societies worldwide. We are a company who is always looking to meet new people and does not shy away from networking and making new friends. We sell every property class of real estate: industrial, office, multi-family, and land; therefore it is our business to know who are themovers and shakers in all industries.

AUCTIONS

The Bidding Process Can Generate Profitable Deals

Each year, auctions are used to sell billions of dollars of real estate. Once only thought useful for disposing of distressed, or hard-to-sell properties, today auctions are as popular (and as effective) as any other conventional form to sell real estate.

 Auctions are on the rise nationwide, due to the volatile economy, and to more informed consumers. Auctions are no longer the last solution to a real estate sale, but just a different approach to a successful transaction. Auctions offer real estate professionals a more cognizant alternative to traditional sales methods; to the benefit of both clients and Brokers.

Auction Formats

Two types of auction formats generally used either separately or sometimes together are:

• Open Outcry Auction

  This is an auction in which bids are expressed openly and an Auctioneer, along with bidder assistants, is used to promote active bidding.

• Sealed Bid Auction

  A Sealed-Bid Sale describes an offering where the bidders submit their bids confidentially on pre-approved contract forms on a specific date. This, by nature, is private and is utilized for unique or hard to value situations.

A set of terms is established, and all bidders are obligated to sign the approved sales contract without changes, unless the seller has approved changes in advance. Sales are advertised "AS IS / WHERE IS" and only under the terms and conditions prescribed by the Seller in the published contract form. Substantial non-refundable deposits are made at the auction. The Buyer is required to increase the amount of the deposit to 10% within 5 days of the auction.

Auctions allow owners to have more control of the deal structure. It also allows them to set and control the timeline; a key advantage to owners who wish to defer taxes by selling a property and then buying in a 1031 exchange

BROKERAGE

Our comprehensive brokerage services encompass demographic analysis, strategic planning and targeted advertising, all of which even make our conventional approach to real estate marketing cutting-edge, full usage of our tremendous 100+ years of combined experience.

As a full-service real estate marketing firm, Federal Auctions and Brokerage thoroughly examines each property and determines which methodology will maximize the value of your real estate assets. 

RECEIVERSHIPS 

As a banker or an attorney representing a financial institution you can feel confident that Federal Auctions and Brokerage will handle the real estate as receiver or manager for the mortgager, with the utmost professionalism and effectiveness.

We understand that the protection and disposition of real estate assets is of the utmost importance during the foreclose process.

After the Foreclosure

Once an institution has taken possession of the real estate asset, we will develop a solution to stabilize and increase an asset’s value by providing brokerage or auction services in order to sell or lease the property. We understand that the protection and disposition of real estate assets is of the utmost importance during the foreclosure process. 

Our team of experienced real estate Brokers will work with vehemence to ensure that the asset is sold for the best possible price in the shortest amount of time.