Sold, Sold, Sold!!!
Friday will be our first real estate auction of the season and I just can’t help but want to talk about it! In case you couldn’t tell, I get a professional high during a real property auction! Sometimes I wonder why more sellers do not consider this path in selling their home, it makes complete sense to me, but maybe, just maybe, sellers are weary of auctions because of the unknown. Real estate auctions have not become too popular in our area just yet; we see the TV shows and the adds for from bigger areas, but it just hasn’t started here yet. I think that’s mostly because people do not like change, nor do they comprehend the process of a real estate auction.
First, and probably most importantly, it saves you money! Everyone wants to save money- real estate auctions are one way to cut the costs in selling. Second, it is a more accurate and dependable process to guarantee a buyer for your property. There is always a 10% non-refundable deposit given by the buyer to be placed in a earnest account, most people will not give 10% if they are not sure they can pay the remaining balance. Last but not least, it saves you, the seller, time; instead of listing for months on end, the entire process- listing to closing, takes approximately 4 months at max. Time will be on your side when selling your property at auction!
Just to recap, a real estate auction can do the following for a seller:
1. SAVE YOU MONEY
2. MORE LIKELY TO PROVIDE A BUYER
3. SAVE YOU TIME
Ok, so you tell me, why wouldn’t you sell at auction? Makes sense to me! For more information or any questions, please feel free to contact me anytime!