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I Advice - Auctions an Option for Home Sellers?
Think that you aren't big enough for national media coverage? Says who? Certainly not the USA Today. In one recent two-week period, they quoted financial planners in Southfield (Michigan), Dublin (Ohio) and Clearwater (Florida). These are not exactly metropolitan hubs.When your media confid
Now compare it to "sell by owner"
As seller you may not be familiar with real estate laws
No one to represent you, unless you hire an attorney
Seller must spend a fair amount of money on marketing
No multiple listing marketing, unless you buy in
You must always be available to show your property
Auctions are best if you want to sell your home and most o
One of best clients I ever had was a senior vice president at a financial company.He didn’t beat around the bush. If I asked him, how much of a budget do you have for this, he’d tell me, right away, down to the penny.One day, we were talking and he told me, “Gary, life’s too short to
If you are trying to sell your home maybe you should consider selling through an auction.
I've done some research and have discovered many positive reasons why you should consider it.
By auctioning your home:
You will have immediate exchange of contacts of those interested in your property
Cash purchase / funding is in place – usually a minimum 10% deposit paid at Auction
Not subject to a contract with an agent
Best price achieved through competitive bidding, just like eBay
Market exposure - many auctions attract 100's of potential buyers
Fixed completion date, a large deposit is required up front
Quick sale - without compromising sale price or agreements
Auctioneers tend to spend heavily on traditional and on-line marketing
Auctioneers tend to have databases that often contain 1,000s of potential buyers
Compare it to the traditional sell by "market"
Sale is often subject to survey and mortgage approval
Single bidder will determine the final sale price
No guarantee that the property has been exposed to the whole market
Seller is locked into a marketing period that may not lead to a sale
Statistics show that 30% of private treaty sales fail to complete
Many real estate agents limit their marketing to a very local area because of marketing cost
Real estate agents usually have limited mailing lists
Commissions tend to be high, 6% or more
You are subject to a contract with an agent, even if not happy with the agent’s performance
Now compare it to "sell by owner"
As seller you may not be familiar with real estate laws
No one to represent you, unless you hire an attorney
Seller must spend a fair amount of money on marketing
No multiple listing marketing, unless you buy in
You must always be available to show your property
Auctions are best if you want to sell your home and most of
When you begin marketing your ebook on the Internet, you can dramatically increase your sales with an affiliate program. An affiliate program will enable you to recruit an entire sales force to market your ebook for you. The great thing about having an affiliate program is that your affiliates wor
Cash purchase / funding is in place – usually a minimum 10% deposit paid at Auction
Not subject to a contract with an agent
Best price achieved through competitive bidding, just like eBay
Market exposure - many auctions attract 100's of potential buyers
Fixed completion date, a large deposit is required up front
Quick sale - without compromising sale price or agreements
Auctioneers tend to spend heavily on traditional and on-line marketing
Auctioneers tend to have databases that often contain 1,000s of potential buyers
Compare it to the traditional sell by "market"
Sale is often subject to survey and mortgage approval
Single bidder will determine the final sale price
No guarantee that the property has been exposed to the whole market
Seller is locked into a marketing period that may not lead to a sale
Statistics show that 30% of private treaty sales fail to complete
Many real estate agents limit their marketing to a very local area because of marketing cost
Real estate agents usually have limited mailing lists
Commissions tend to be high, 6% or more
You are subject to a contract with an agent, even if not happy with the agent’s performance
Now compare it to "sell by owner"
As seller you may not be familiar with real estate laws
No one to represent you, unless you hire an attorney
Seller must spend a fair amount of money on marketing
No multiple listing marketing, unless you buy in
You must always be available to show your property
Auctions are best if you want to sell your home and most o
Is it possible to design the Perfect Civilization and then franchising it World Wide; calling it the World Franchise System? Could we do this by making our own civilization perfect and then using it as a model? SimCity on steroids if you will.Perfect the required systems of the civilization
Auctioneers tend to spend heavily on traditional and on-line marketing
Auctioneers tend to have databases that often contain 1,000s of potential buyers
Compare it to the traditional sell by "market"
Sale is often subject to survey and mortgage approval
Single bidder will determine the final sale price
No guarantee that the property has been exposed to the whole market
Seller is locked into a marketing period that may not lead to a sale
Statistics show that 30% of private treaty sales fail to complete
Many real estate agents limit their marketing to a very local area because of marketing cost
Real estate agents usually have limited mailing lists
Commissions tend to be high, 6% or more
You are subject to a contract with an agent, even if not happy with the agent’s performance
Now compare it to "sell by owner"
As seller you may not be familiar with real estate laws
No one to represent you, unless you hire an attorney
Seller must spend a fair amount of money on marketing
No multiple listing marketing, unless you buy in
You must always be available to show your property
Auctions are best if you want to sell your home and most o
Is it possible for your people (or you, their leader) to make a sales call today, without a goal/target and an outcome clearly in mind?A sales call today is costing your organisation between $150 - $500 every single time a sales person walks through a customer's/prospect's door. (These figu
Seller is locked into a marketing period that may not lead to a sale
Statistics show that 30% of private treaty sales fail to complete
Many real estate agents limit their marketing to a very local area because of marketing cost
Real estate agents usually have limited mailing lists
Commissions tend to be high, 6% or more
You are subject to a contract with an agent, even if not happy with the agent’s performance
Now compare it to "sell by owner"
As seller you may not be familiar with real estate laws
No one to represent you, unless you hire an attorney
Seller must spend a fair amount of money on marketing
No multiple listing marketing, unless you buy in
You must always be available to show your property
Auctions are best if you want to sell your home and most o
Payday loans are the loans that are given on the promise of return of the loan amount, with interest, with the next month’s paycheck of the borrower. The payday loan amount is usually low. A payday loan satisfies the urgent need of money of the borrower. As it is a short-term loan, therefore, the
Now compare it to "sell by owner"
As seller you may not be familiar with real estate laws
No one to represent you, unless you hire an attorney
Seller must spend a fair amount of money on marketing
No multiple listing marketing, unless you buy in
You must always be available to show your property
Auctions are best if you want to sell your home and most of its contents fast. The downside is that once the auction has begun you can’t stop it, unlike traditional selling where you can refuse an offer.
Whatever you decide make sure you do your homwork and consider all options. Good luck.
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