Special offer

Real Estate Auctions: Expanding Nationwide

By
Services for Real Estate Pros with Auctioneer, Texas Flip N Move 17057

 

Real Estate Auctions Begin Nationwide Appeal

Just last week the real estate auction sector gained some ground in nationwide presence as Fox Business "America's Nightly Scoreboard" conducted a live interview with former NAA President Marty Higgenbotham and Joe Wilson on February 6th.

The interview was based in response to the Wall Street Journal article "Property Auctions Build Popularity in Glum Sector" which was written by Jillian Mincer. The article explained the various avenue's a buyer and seller can navigate in the real estate auction process. The opportunity to quickly and efficiently liquidate the property and offered personal accounts from actual seller's that had experienced a rapid secession of events that ultimately sold their properties at real estate auction. One seller commented how drastic the disparity between the traffic of on-line viewings and actual walk troughs of the property, noting that there was a substantially greater amount of people trafficking through the Internet.

The article managed to truly convey the sentiments of both buyers and sellers that have gained from the real estate auction process and one that will continue to become a more familiar option of how to buy and sell your home. Also driving home the stance that auctions are another option for agents to be able to offer their clients as part of the process.

To learn more about the article and read it for yourself go to www.nytimes.com or for news of the article visit www.auctioneers.org.

 

Comments (2)

Paul Silver
Tiverton, RI
Rhode Island full service real estate firm

We have also seen a rise in the number of auctions here in the North East... Indeed, one of our agents just went and earned his auctioneers license... so we shall see how that goes...

Nice post. 

Feb 11, 2008 08:24 AM
June Piper-Brandon
Coldwell Banker Realty - Columbia, MD
Creating Generational Wealth Through Homeownership
We see an increase in auctions here in Maryland too.  Personally, I think there is room for both traditional listing and selling and auctions.  There are just some properties that will likely sell better at auction than as a real estate listing.  I find auctions are a great way to augment my commission income and a great way to build referrals.
Feb 11, 2008 08:28 AM