Special offer

Selling Real Estate in a Buyers Market

By
Services for Real Estate Pros with AuctionFirst

Selling Real Estate in a Buyers Market 

When selling your home, the value is determined by one thing - What someone will pay.  When Sellers consider "Putting their home on the Market" they are told that it is all about Location, Location, Location... as well as Curb Appeal, listing with the right agent and Staging.  In today's market, the buyers have the luxury of being select and deliberate and they are aware of their advantage.

With this fundamental situation, literally thousands of properties are "sitting" on the market. With each passing month with no offers and few showings, it is time for a change of direction in strategy.  One solution is a Real Estate AUCTION.

AuctionFirst realizes that the key issue is, ‘Market Value'.  This is defined for how much the public is going to pay for the house.  If a house is sitting on the market, it has no value, except to the seller.

Working with the Experts   --  AuctionFirst works directly with the Experts that have Real Estate for Sale.  The Advantage is that these professionals know the property and often have the relationship with the Seller.
    -Realtors: AuctionFirst has a Continuing Ed Class that provides information to Realtors about Auctions.  This gives them the advantage in knowing the ‘Essentials of Auctions'. 
   - Builders & Developers: realize how to "create" increased sales.
   - CPAs, Attorneys, Mortgage Brokers and Lenders can all benefit from the Auction Advantage as this fresh approach may provide the solutions they need.

Read More about a great example of ‘Success' when a Realtor referred a home to AuctionFirst.  This home was on the Market for 2 years and Sold ‘Prior to Auction' for more than the previous listing price.
Country Estate in Durham NC

Applying the Auction Rules to Listing and Declare it ‘GONE'!  

Going, Going, GONE!  Great sound to an Auctioneers Ears.

"It is all about the word AUCTION", says Christy Kimbro with Fonville Morisey, Chapel Hill, NC.  She had this wonderful house listed for over 2 years and did unreal Marketing.  AuctionFirst had a contract within 10 days, prior to the auction date of July 23rd.  It seems that the word Auction on the Sign brought immediate attention to this property? 

"When the Auction Sign went up, the offers started coming in."

The concept of an Auction, provides the essential dynamic that the seller needs.  The first step is Motivation.  The second criteria is that Sellers and Realtors are encouraged to be "Results Oriented" rather than "Price Oriented".  

Comments (5)

Cristy Smith
mmm - Austin, TX

Thanks for the good info. Also great house picture!

Cristy

Jul 27, 2007 07:45 AM
Sharon "Toni" Brown
Exit Realty United - South Ozone Park, NY
South Ozone Park - New York City Real Estate
That is a beautiful home.  I will be in Austin next month and I will have a load of battereies for my digital camera so I can take plenty of photos.  I will be spending most of my time in Lost Pines but I will definitely be going to Round Rock and visiting a friends ranch.  They have been trying to get me to relocate and as I hear more and more about it I am almost tempted to leave New York. Nah! no time soon but look forward to seeing your part of the country.
Sep 12, 2007 10:08 AM
Linda Mardi
AuctionFirst - Austin, TX

This home was is in Durham NC (not Austin). Although Austin has many beautiful homes also.  Because our auction services are available nation-wide, I frequently will blog about our experiences regardless of where the property is located.

Thanks, Linda

Sep 16, 2007 12:18 AM
Rich Kruse
Gryphon USA, Ltd. - Columbus, OH
Great job Linda.  Hope all is going well for you.
Sep 18, 2007 01:03 PM
Endea Thibodeaux
Lanham, MD
Solar Energy Consultant, CDPE, CLHMS
Excellent job.  I love it when it comes out the way it should!
Sep 19, 2007 04:57 AM