Auctions are a fun, profitable and effective way to sell your property and provide a win-win solution for both the seller and the buyers. The energy-charged, competitive environment at auction creates excitement and can influence the sale price dramatically.
Real Estate Auctions Growing In Popularity
Despite the major recession in traditional real estate sales, residential real estate auctions grew 5.3% from 2006, and 46.6% since 2003. There is a much greater acceptance of the auction method, especially among younger consumers due to their experiences with online auction firms such as Ebay.
(Source: National Association of Auctioneers)
Advantages for the Seller
- Qualified buyers are targeted and come prepared to buy
- Property will be sold at true market value
- Sales are accelerated
- Creates competition among the buyers
- Marketing program increases visibility and interest
- No more hassles of numerous property showings, long negotiating process and not knowing when the property will sell
Advantages for the Buyer
- Auctions are fun and entertaining
- Inexpensive to attend
- The buyer knows the seller is committed to sell
- Buyers determine the purchase price
- Auctions eliminate long negotiation periods
- Buyers compete at the same time – fairly and on the same terms as all other buyers
- Turnaround time to purchase property is reduced with auctions
Choose Believe in Auctions to expedite the sale of your property while you experience the benefits of the competitive bidding process, and buyers enjoy real value.