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Realtors
"So what now?" Your seller asks, her normally perky tone having an unmistakable sharp edge.
"We’ve lowered the price four times and haven’t had a single offer.
If you can’t sell my house, I'll find someone who can."
There goes your commission faster than you can say expired listing - words agents haven’t used in the same sentence in years. There may be another option for an agent on the brink of losing a listing.
Sell the property at Auction
Rising inventory and time on the market mean sellers have trouble attracting buyers even if they drop the price. Consequently, it can take months to figure out which combination of concessions will attract an offer. Some sellers simply can't wait that long. Proponents say auctions result in faster sales and prices that more accurately reflect today’s market. All you have to do is set a date, market the property, hold the auction and close the deal. The whole process can take as little as 30 to 45 days.
Not all properties or sellers all candidates for the auction block. Look for sellers who need to sell, not want to sell and who is realistic about the market.
Familiarize yourself with the process reading the information under Sellers and Buyers.
Benefits to the Realtor
- Generates a list of ready, qualified buyers
- Offers clients and customers new selling and purchasing options
- Assures that property will be sold at true market value
- Property is sold with in a relatively short period of time
- Expose the property to many potential purchasers
- You can earn a commission!
The National Auctioneer Association expects residential auctions to balloon to 30 percent of all sales by 2010.
If you want to learn more or have a property to refer to us simply contact us and we will take you through the process.
You also are encouraged to have your clients participate in all auction events as well.
A.S. McGhee Auctions will pay a commission to a Buyer Broker who is properly registered and adheres to the terms and conditions of the registration. To request a Broker Registration form simply download the PDF form or contact us by phone or email and we will either fax or email you the registration. You must register in order to collect a commission.
Contact Us if you wish to present an offer prior to auction.