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How to Auction Your Home to the Highest Bidder
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Sell Faster
When you auction your home, you specify an exact date in the future when your home will be sold. It could be 30, 60, 90, or 180 days depending your needs. Once the auction is over and your reserve price is met, you'll get a signed purchase and sale contract along with an earnest money check from the winning buyer. If the winning buyer doesn't offer enough to meet your reserve, you may reject their offer. We'll help you set a "Buy It Now" price that ANY buyer can pay before the auction happens should they wish to avoid having to compete with other buyers on auction day. So there is no downside risk to you, the home seller.
Sell for More Money
The auction process itself creates competition among home buyers. Auctions bring all interested parties together in one place at the same time for a single purpose - to find out who will pay the most for your home. Each bid by a buyer reinforces the value to other buyers present and commits your buyers to their decision.
You, the Seller, Control the Terms of the Sale
First, we help you get a complete home inspection, termite letter, and talk about repairs (if any) that need to be done to your home. That way, buyers may bid on your home and buy it "as is" with full disclosure.
Next, we list your home in the Multiple Listing Service and feature it on this website. We will clearly tell agents and buyers that it will be auctioned on a specific date in the future. Agents will bring their buyers to your home to preview it before the auction. We will provide those buyers with copies of home inspections and termite reports that you have already had done and the repairs you have made. That way, there is NO haggling over what is to be repaired that could jeopardize the sale after the auction. All buyers must bring loan pre-approval letters to the auction or they will not be allowed to bid. By doing all this up front, it allows the home seller to control the process instead of the buyer.
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You don't need to register at the Sanford Rosser and Associates website to search our Atlanta Real Estate MLS database that is updated daily. At our site, you may also view Alpharetta Georgia Real Estate, Marietta GA Real Estate, and Atlanta Real Estate auction details. Article Source: http://EzineArticles.com/?expert=Sanford_Rosser |
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Article Submitted On: December 10, 2007
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MLA Style Citation:
Rosser, Sanford "How to Auction Your Home to the Highest Bidder." How to Auction Your Home to the Highest Bidder. 10 Dec. 2007 EzineArticles.com. 22 Nov. 2009 <http://ezinearticles.com/?How-to-Auction-Your-Home-to-the-Highest-Bidder&id=874238>.
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APA Style Citation:
Rosser, S. (2007, December 10). How to Auction Your Home to the Highest Bidder. Retrieved November 22, 2009, from http://ezinearticles.com/?How-to-Auction-Your-Home-to-the-Highest-Bidder&id=874238
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Chicago Style Citation:
Rosser, Sanford "How to Auction Your Home to the Highest Bidder." How to Auction Your Home to the Highest Bidder EzineArticles.com. http://ezinearticles.com/?How-to-Auction-Your-Home-to-the-Highest-Bidder&id=874238