An auction is a public sale of property. Years ago real estate investors were most popular buyers acquiring homes at auction, but that’s no longer the case. In today’s market selling at auction brings more competition for the house, land, farm or commercial property.
Other advantages to selling at auction:
- Draw more attention to property to get it sold fast. Can be sold and closed in 30 days!
- Property is sold “as is” “where is” You won’t have to bother with home inspections, contingencies, or appraisals.
- Get multiple offers.Creates competition among buyers.
- Expose property to a larger range of buyers.
Auctions are becoming increasingly popular. They are now seen for their value and not just a last resort. Auctions work well in many scenarios, including estate settlements, business liquidations, divorce settlements and corporate relocation. When you are in need of immediate results, auction is the best way to sell your property.