Developed by brokers for brokers, the Never Lose a Listing® program gives you access to an already successful online auction platform and state-of-the-art technology to create and manage your own online auction.
- Achieve the highest possible sale price
- Close property in less than 90 days
- Create a valuable list of sales leads
- Keep 100% of your commission
- NO COST to you or your seller
The Never Lose a Listing® Program Offers You:
Velocity of sale
The NLL auction marketing campaign can take as little as 60 days from the time that your auction launches to the property closing.
Transparency
The NLL program is fair, honest and highly transparent. Transparency is very important to both sellers, such as financial institutions and government agencies, and buyers.
Maximization of value
LFC's patent pending, day-to-day, Last Call® bid extension process will literally take every last dollar off the table for you and your seller. Historically, Last Call® has produced 18-20% more revenue for LFC sellers than the traditional outcry bidding format.
Property exposure
Because the NLL program is Internet based, your seller's property will receive local, regional, national and even international market exposure.
Established marketplace
Your property will be exposed to more than 100,000 individual prospects who have registered on LFC.com since its launch in 2004.
Minimum bid
The low minimum bid that you will establish will send a clear message to your prospects that you and your seller are seriously motivated to sell the property.
Unpublished reserve price
The reserve or release price will only be known to you and your client. In the event the high bid is not acceptable to your seller and/or does not reach your reserve price, your seller may respond with a counteroffer.
Bid Deadline
The bid deadline will create a sense of buyer urgency to act. Your prospects will understand that if they don't step up and bid, they will lose the buying opportunity forever. It's a tremendous advantage over your traditional marketing format.
Safety
Because all NLL bids must be initially submitted in a very opaque sealed bid format, the public is not made aware of any depth-of-market problems that you may encounter. Your seller's property will never be stigmatized as "distressed."
WARRANTY
LFC Marketing Services, Inc. is a member of the LFC Group of Companies, which also includes LFC Internet Marketing, Inc. doing business as LFC.com, LFC Communications, Inc. and Republic Escrow Corporation.
LFC Marketing Services, Inc. warrants on behalf of itself and all members of the LFC Group of Companies, that no officer, director, employee, agent, consultant or representative shall during the term of your listing agreement interfere with the your relationship with the Seller regarding the listed property nor approach or solicit the Seller, its officers, directors, employees, agents, consultants or representatives regarding the property.
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