MBA Auctions
"MBA" (Minimum Bid Absolute) Auctions are a unique method of selling property offered exclusively by the ASPEN AUCTION COMPANY – now Tallgrass Prairie Auction and Real Estate. Our company has developed, market-tested, and proved that this method of selling property benefits both the seller and the buyer, in that it determines the true market value of the property.
MBA AUCTIONS allow the seller to set a minimum bid that is acceptible to him/her, yet brings the highest price the buyers are willing to pay. For the buyer, this method allow him/her to know the minimum amount the seller is willing to take, allows them the ability to obtain appropriate amounts of financing prior to the auction, and gives them the comfort of knowing the property will be theirs if they are the highest bidder. At our MBA AUCTIONS, sellers and buyers can both be satisfied that the property that they bought or sold was the true market value of that property and not worry if they “got too little” or “paid too much”. The most exciting aspect of MBA Auctions is that from, “start to finish”, everything can all be accomplished in 45 days or less. MBA AUCTIONS are another example of ASPEN – now Tallgrass Prairie Auction and Real Estate – providing “a refreshing change” in how property is bought and sold in Illinois.