In today’s market, auctions are frequently used to sell real estate due to the maximum selling potential. Real estate auctions bring many benefits, including:
- Removal of negotiation process
- Removal of unscheduled tours and financing hangups
- Accelerated time required to sell
- Larger audience exposure
- Audience is ready to purchase at point of auction
However, this method isn’t right for everyone. In some circumstances, it may be better to list your real estate rather than auction it. Please contact our real estate professionals to discuss your real estate position and whether an auction or private listing is best for you.