While I was never approached by an auctioneer to partnership with him/her to get my clients home sold as quickly as possible, my conception of auctioning real estate was: it's only for government seized or foreclosed-bank owned properties. Oh, how wrong I was!
We are in a buyer's market where prices on homes are decreasing due to the sub-prime meltdown, foreclosurers, and the number of houses for sale on the market. I simply ask my fellow real estate professionals to look at this information and give me a call if you have questions. Let's work together and get some homes sold.
Not all homes will qualify for an auction. If a home has a high Loan to Value (LTV), it may not work unless the lender is willing to "short sale" the property or the client is willing to bring money to the table.
Properties with title issue or a passive seller versus a motivated seller will not work in most cases either. Or if the seller does not have the marketing fee. In some cases, we can front the marketing fee.
It was hard for me to accept the fact that "the market", viz., a group of willing buyers, determines the value of the home, not what sold previously, or what's on the market now, or what an appraisal says. Selah! Think about it.
I am available to speak at your weekly sales meeting.
We saved a Power Point presentation in a PDF format. Click the link below to open up the file to see how we can work together. Then use the right directional arrow to move through the presentation.
Give me a call if you have any questions or if I can help you. ↓
