Real Estate auctions are not just for foreclosures and distressed properties. Auctions are a timely method to convert Real Estate to cash.
Sellers choose the auction method for a variety of reasons. It offers a fair and level playing field for all buyers, there's no lengthy negotiations, and no contingencies. Inspections are done prior to bidding, so there's no negotiation for repairs.
Buyers like the transparency. They know exactly where they stand, and there's a level and even playing field.
If you are looking for a faster way to liquidate your property, auction may be best for you. Give us a call and we can determine if auction is the best method for you.