Sell your property fast, at a profit & avoid paying commission
Mar 15th, 2010 | No Comments »
If you’re looking to sell you property in a hurry, at a profit and want to avoid having to pay any agent fees then you should consider putting your property on auction. That’s according to Jackie Cameron, founding editor at Realestateweb, who’s recent frustration with dealing with lazy estate agents was eclipsed by the pleasure of dealing with an auctioneer who was clearly passionate about getting the property sold.
In her review of the process she explains how Auction Alliance had used “massive advertisements in national newspapers” that made their property look like “the star of the show”. This was in contrast to the very forgettable stamp-sized adverts used by every other estate agent. Adding to her experience was Auction Alliance’s ability to connect their property to willing potential buyers. Their database included young first time buyers as well as hard-nosed investors.
After their auctioneer had come around to view there property, he discussed what the property would likely sell for and set a confidential Reserve Price. There would be no sale if the reverse price was not met. In truth their auctioneer was so confident that the property would sell, that he was able to point out which of his potential buyers were mostly to be the next owners of the property.
Click Here to read now the real estate auction ended.
Stories like these really do help to break the stigma that surrounds auction sales. The traditional thought about auctions is that properties are bought at huge discounts from desperate sellers. In fact, auction houses have repositioned their businesses and have distanced themselves from the old estate agents methods. Auctioneers are younger, more energetic, and willing to work. They’re putting more time into matching properties with suitable buyers. And by doing so are adding value to their buyers and their sellers.
Have you had a similar experience with a Real Estate Auction? Please share you story with us.