How many times have you heard that I need to get this much for my property, and of course you know the old story they never get an offer. In traditional real estate everybody starts high and then start lowering there price hoping to get an offer, but with the auction method we start lower and build the price through bidding, and will get you true market value. Defination of market value = what the highest bidder is willing to pay on a given day.
The auction method has been used for centuries to sell the priceless of the world. With the auction method you pay the up front marketing cost, and the buyer pays the commission through a buyers premium.
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