In an effort to continue to provide clients with every opportunity available to buy or sell their mountain home, Slifer Smith & Frampton Real Estate, the leader in Vail Valley, Colorado real estate, has introduced an Auction Division. Having gained significant popularity in the past several years, the option of buying and selling a home through the auction process, including luxury home auctions, can be of great benefit to both sellers and buyers of luxury homes.

Slifer Smith & Frampton’s new division allows sellers to know the date their property is expected to sell, with a specific closing date and no contingencies from auction day to closing. Buyers are provided an opportunity to compete fairly and on the same terms as all other buyers, with the knowledge that the seller is prepared to sell the day of the auction.

The first auction of this new endeavor is taking place in Vail, Colorado on August 26. Two properties will be offered, and the winning bidder will have their choice of the two new construction luxury residences. Each home was previously listed at $2,799,000 and the auction is subject to a minimum bid of $1,600,000. Visit VailRealEstateAuctions.com for further details.