The Return of the Real Estate Aucton

With the housing market starting to slow up a bit in some areas of the country, sellers are using more tools at their disposal than ever to get a house sold in a timely fashion. While these methods vary greatly by region, nationally there has been a rise in the amount of real estate auctions seen. Naturally, auctions are not a new phenomenon, but to see them increasingly used as a primary tool in selling real estate is.

The potential pitfalls are many in the auction business and while it is certainly one of the quickest ways to liquidate a home, it is often wrought with a great deal of uncertainty. What if your home doesn’t sell for the price you were looking for? What if the auction fees take out such a hunk of the selling price that you see little profit? These are key questions to not only ask yourself but to brace for if you pursue the auction as a real estate selling method...[more Real Estate Auction]

Related articles to home selling: Simple Words To Sell Your Home | More Eyeballs, More Money | Setting The Perfect Price | Parting With A Home | Selling Help Part 1, Part 2, Part 3, Part 4

Does an Open House Sell The Home?

If you are a real estate agent then an open house is a prospecting tool rather then a way to sell the home they are showing. There are many reputable real estate agents that won’t host their own property’s open house. They opt for a newer agent to take on the job.

It is common for a listing agent to pass the job on to someone else even though they could be there if they wanted to be and keep all of the commission. They are offering half of their commission if the hosting agent sells the home. Real estate agents don’t feel that an open house is how a home is commonly sold to someone so this act isn’t considered high risk...[more Real Estate Open House]

Related resources for open house selling: Selling Preparation Perfect Listing Price Showing Beyond The Basics Curb Appeal