A few days ago, I ran across the statement that predicted 35-50% of all real estate in the US will be sold by auction in the next 5 years.
I think auctions are a great way to get a property noticed and sold. It doesn't suprise me that more and more people are realizing it.
I think technology is becoming more effective in making an online auction have a "live" feel to it. As a result, many auction companies are doing simultaneous live & online auctions.
And even more companies are offering "online only" auctions with growing success.
Auctions are a great way to sell and to find great deals.
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