Sunday, May 25, 2008

Real Estate Auctions - Is there a better way!

No, there is not a better way to sell than by using an auction.

It's interesting that there are still a lot of sellers who are not sure an auction is the best way to sell.

What could be better? You are marketing for a short period time using a proven method to get buyers interested and inside to view a property. An auctions creates competition by letting buyers bid against each other in an open format. This strategy is simply the best way to determine the value of something.

In fact, do you realize that our entire stock market is an auction? An auction isn't something new. It's been tested and proven for centuries.
One common concern of sellers is that they will be forced to sell their property at a price that's too low. If handled correctly, that is not the case. The seller is always able to stay in control.

Another concern is that an auction may not receive a winning bid and that could hurt the chance for selling. That is simply not true. An auction is not always successful, but they always create interest and lots of leads of interested buyers. More times than not, a deal can be worked after the auction ends.

If you have property to sell and aren't using auctions, it's time to get involved and find out for yourself why they are simply the best method to sell a property.

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