Monday, December 29, 2008

Don't let unsuccessful bidders get away!

It takes effort to be successful with an online real estate auction. The property has to be prepared, pictures taken, open previews coordinated and lots of advertising.

The goal is to get a lot of people interested in a short amount of time. The more interested buyers competing, the better chance for success.

When it's all over and you identify a winning bidder, are you taking advantage of all your work and expense? Are you following-up with the unsuccessful bidders?

If not, you need to consider it. The unsuccessful bidders are good leads for you to work. They can provide a back-up if your winning bidder falls through or you may be able to turn them into buyers for another property or future auction.

They are buyers who have interest in buying. You already have a relationship because they bid on one of your listings. You have an opportunity and advantage, so make sure they don't slip away without your offer to help.

Friday, December 19, 2008

Are online real estate auctions exciting?

There isn't anything much more exciting than watching an online real estate auction come to an end. Especially if you are the seller or listing agent. You get to see the price continue to increase as buyers bid it out against each other.

I captured one of our recent auctions ending with Camtasia and put this video together so you could enjoy it too.

Click here to watch it!

Sunday, December 14, 2008

Listing Syndication now active

We're excited to announce that on December 2, 2008 we started syndicating all of our active real estate auction listings nightly. The listings get sent to 28 different real estate sites and as the bidding changes or the listings end, all sites are updated with that information.

Above is a graphic image showing all the sites we syndicate to.

Thursday, December 4, 2008

Online Bidding Webinar - Thursday Dec. 11th

I wanted to let everyone know about our upcoming webinar.

I will be showing how Realtors are using online bidding to get their listings sold.

It will be held Thursday Dec. 11th at 1 pm CST. You can get more details at Show me more details.