Thursday, November 13, 2008
Does an auction mean I failed?
Sometimes real estate agents stay away from using auctions because they think it makes them look bad. They think that they are raising their hand and saying "I failed selling this property the traditional way and I'm forced to try an auction".
This is far from the truth. Yes, an auction is often used in a desperate situation, but it doesn't need to be that way.
A real estate online auction is simply a great way to accelerate the sale, while automating the negotiation with several buyers at the same time. It gives the Realtor the ability to be in control of selling their listings.
It's a "slight edge" that a Realtor can use in any market.