Welcome To Peterson Auction Real Estate Information Page

Real Estate at Auction  /  Buying & Selling Information

What is a Real Estate Auction?

A public real estate auction is managed by a professional licensed Auctioneer / Real Estate Broker to employ an innovative and effective method of marketing to real estate. By utilizing live & On-line web cast bidding real estate is exposed to the market in a competitive, transparent atmosphere producing quality results for all involved. 

Why a Real Estate Auction?


  • Seller determines Terms & Condition of Sale

  • Property can be sold "as is" or with warranties 

  • Creates competition among buyers

  • Exposes the property to a large number of prospects at once giving them all the opportunity to place a bid.

  • Buyers come prepared to buy with a quality deposit

  • Timely disposal reduces long -term carrying costs, including taxes & maintenance.

  • Assurance that property will be sold at true market value.

  • The seller knows exactly when the property will sell.

  • An aggressive marketing program increases interest and visibility.

  • Live and On-Line bidding available on all Real Estate Auctions, exposing your property to more potential buyers


  • Smart investments are made as properties are usually purchased at fair market value through competitive bidding.

  • Buyer knows the seller is motivated to sell.

  • Buyers determine what they are willing to pay (win or loose).

  • Auctions eliminate long negotiation periods

  • Purchasing Term & Conditions and closing dates are known.

  • Buyers know they are competing fairly and on the same terms as all other buyers.

  • Buyers receive comprehensive information and have an opportunity to inspect property before bidding. 

  • Live and On-Line bidding available on all Real Estate Auctions, allowing buyers to participate without having to travel


Why Choose Mike Peterson Auction & Realty Service?

  • 30 Years of Professional Experience Selling Real Estate 

  • Licensed Real Estate Broker in New York and Pennsylvania

  • Aggressive and Modern Marketing Strategies

  • Clearly defined Terms & Condition of sale, Seller's & Buyer's know where they stand

  • Live and On-Line bidding available on all Real Estate Auction

  • We know the Real Estate Market, It's our Business to know what your property is worth


Contact Us Today to Discuss Your Real Estate Buying and Selling Needs

Mike Peterson Auction & Realty Service

164 Ivory Street, Frewsburg, NY 14738

PH. 716.665.0668 


New York Brokers Lic# 37PE0650308

Pennsylvania Brokers Lic# SBR000353

Mike Peterson Auction & Realty Service



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164 Ivory St

Frewsburg, NY 14738


Established 1988