No Property Inspection
The Property is sold as-is, so there is no inspection phase allowing for the transaction to fall apart.
Non-refundable Earnest Money
Non-refundable earnest money deposit of $5,000 on smaller value properties, $10,000 or 10% on larger value properties. If buyer cannot close on contract date, the earnest money is split between the auctioneer and the seller which insures closing.
Way Easier
Easier for the the seller physically, emotionally, and financially.
You Are In Control.
Seller has complete unilateral control of the contract, which basically means no contingencies.