I would NOT consider an auction at all. Reason being that most auction require 100% cash buyers. With that being the case, I am not sure you would get the top dollar for an island property without someone having to take a mortgage.
Now granted, the eventual buyer who buys through a Broker may in fact be a cash buyer, but holding an auction will likely limit your exposure to just cash buyers.
Additionally, it's nice to have a Broker use their own time and transportation to take potential buyers to and from the island.......
Best of luck!
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