SOLD in 6 hours - Using an Online Auction - 10/14/09 03:05 PM
One of the benefits of being a provider of a real estate online auction system is that I get to see different strategies that are used by our customers.

Before last week, the shortest successful online auction was 2 weeks. Not bad when you consider there are properties sitting on the market for months.
However, last week a new standard was set.
One of our customers put a property up for auction for only 6 hours. During that time, it received 52 bids and the bidding climbed to $520,000 before it ended.
On Thursday at 1 pm CST, we'll share … (2 comments)

 

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