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THE AUCTION METHOD OF MARKETING REAL ESTATE Accent on Real Estate Auctions...The following compares a Real Estate Auction vs. a Traditional Real Estate Listing:
AUCTION LISTING Marketing focused on your property alone. Attract Your property is one of many being the attention and interest of literally 1000's of advertised. Nothing sets your people in the marketplace. property apart from others.
Property is sold in a known time frame of 30-60 days 1000's of properties listed -- many allowing you to proceed with the plans for your life. of them will not sell this year.
You set all the terms of your own sale. The buyer determines all the terms of the offer.
Unconditional, firm offers only. Almost always dealing with the unknowns and stresses of conditional offers.
Not dealing with difficult price issues and guessing Always dealing with price issues. the value of your property. No list price means no Is it too high? Is it too low? Should ceiling on what you might receive. we reduce? How much? When? Was the opinion of value correct? Has the market changed?
Valuable, real and tangible market statistics No statistical information gathered gathered through the process giving the Seller or offered through the traditional the confidence he/she needs to sell the property listing process. You assume what for the right price. you accept is the right price based upon your agent's opinions, not the market.
Always retain the right to govern the price. Always retain the right to govern the price.
Pre-set viewing dates. Your property only has to Showing inconveniences are a look good for a few short manageable weeks. regular and unknown occurrence Showing inconveniences are minimal. continuing indefinitely. You have to keep your property in top condition indefinitely.
Choose the season you want to sell your property You're at the mercy of the length that you know it will look its best. of your listing.
Multiple Listing Services (MLS) offered. Multiple Listing Services (MLS) offered.
All offers presented Pre-Auction and on Auction Sporadic offers - simultaneous Day, (multiple offers available - 6, 8, 10, 12...) offers less common. Offers held until a specific day and time, leveraging each other.
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Remember, the competitive atmosphere of an auction can add great interest, excitement and value to your property that traditional listing cannot touch! Call today for a complete presentation and assessment of your real estate needs, and please see our Real Estate Page for current offerings.
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