Like many other real estate auction companies, our company is getting more calls than ever from sellers interested in selling their real estate by auction. For many, they've had their home or property listed already for months (even one year) without a contract. 2006 is closing and their homes are still on the market. Auctions represent a quick way to sell a real estate asset at fair market value. Why continue to let a property or listing languish on the market? Why drop the price yet again?
One of the problems however is that many sellers are still stuck on a particular price for their home. It'll continue to take time for them to understand the harm they've done by overpricing or over-demanding a particular price. Regardless of whether a property is sold conventionally or at auction - it will sell for fair market value. The question is how quickly do you want to get to that point?
AuctionFirst specializes in selling real estate by auction in Texas, North Carolina, Virginia, DC and Maryland.
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