What is the Best Way to Sell Your Unwanted Property?

By
Real Estate Agent with Remax New Beginnings ---------- and ------------- Ashland Auction Group MD RE License 579412

What is the Best Way to Sell Your Unwanted Property?

 

As a Realtor we are trained to list homes and sell them through traditional avenues of the multiple list service.  She who has the most listings wins!!  But, is this always the best way to help a client?  It might not be.

There are several avenues available to homeowners, depending on their reasons for selling and their end goal.  

Questions you might want to ask right away:

  1. Why are you selling?

  2. How did you come to own this property?

    1. Did you inherit the property?

    2. Do you own any other property?

    3. If you inherited it, do you have the financial ability to maintain the property until it sells?

  3. What condition is it in?  

    1. If you need to make repairs are you financially able to do that?

    2. Do you have connections to get repairs made?

    3. Are you financially able to maintain the property until it sells while repairs are being made?

  4. How long can you financially maintain the property until it sells?  

  5. Is there enough money in the sale to pay closing costs and commissions?

You may want to develop a referral relationship with an Auctioneer.

Some benefits to selling real estate through auction are:

  1. Buyer’s Premium/Auction Service Fee is paid by the buyer, commission is paid only if the buyer is represented by a Realtor.

  2. Low cost marketing fee might be the only expense.

  3. All transfer taxes and document stamps are paid by the buyer.

  4. Often buyer takes financial control of taxes and water from the date of contract not as of closing.  

  5. Often times the auction company will pay a referral fee for your referral and the property still gets listed in the MLS and you may still be able to sell it before the auction!!

  6. Property sold at auction is sold as is with no repairs and closes within 30 days in most cases.  

What avenue best serves the seller?  Referring your seller to a reputable Auctioneer might be the best route for your seller.  Just another tool in your tool belt!!

I have a great local Auctioneer in my referral chain that services Maryland and Washington DC.  I’m happy to give referrals!!

 

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If you are thinking of buying or selling an home in  Maryland give us a call at 410-292-0100 or start your search here and we'll talk about the market conditions and what your home could possibly be worth in today's market place if you are thinking of selling. If you are considering buying a home, there is no better time than now to buy. The tax savings and wealth building alone is worth the plunge into todays market.  Remax New Beginnings and I are connected with some of the brightest and best real estate agents in the world and can assist with your move here in Maryland or anywhere in the United States or abroad.  Ask me how.

If you are interested in knowing more about buying or selling real estate by auction ask me how.  You can reach me by phone (410-292-0100 Cell or 410-488-3124 Ashland Auction Group) or email.  

June Piper-Brandon ~ Associate Broker ~ CDPE, CIAS, ePro, MRP

Remax New Beginnings and Ashland Auction Group

City Living Expert

 

 

 

 

 

 

June Piper Brandon - Agent with Century 21 New Millennium

June Piper Brandon - Agent with Century 21 New Millennium

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Debbie Reynolds
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I worked with a back and sold over 2 dozen properties. I loved it because it was absolute and i got paid quickly.

Feb 13, 2018 10:13 PM #1
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