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Questions to Ask Before Auctioning Your Home
February 24, 2015

Marketing your home through an auction allows you to sell your home when you are ready to sell to buyers who are qualified and interested in buying. Rather than wait months for your home to sell, auctioning your home could have it sold on auction day. To ensure your real estate auction goes smoothly and is successful, you need to ask some questions before choosing your auctioneer.

·      What Is the Auctioneer’s Experience? An established company that belongs to trade associations usually indicates a reputable company committed to serving your needs. You want an auctioneer who is familiar with market values in your area, and that has handled properties similar to yours.

·      What Will It Cost? You will want to compare companies. However, keep in mind when assessing costs, a good auction company includes advertising and other marketing in their proposal. Find out what costs transfer to the buyer.

·      How Do I Know If My Property Is Suitable for Auction? There are some circumstances where a real estate auction might not be the best option. The auctioneer wants to sell, it’s how he or she makes their living. If your property won’t do well in the auction process, a good auctioneer will tell you, to save you both time and money.

·      Are There References You Can Check? An experienced, reputable auctioneer has satisfied customers that confirm the company’s reputation through testimonials, and a history of successful past auctions. An auctioneer’s reputation can be important for a successful result in your auction. Companies respected and valued in the community may have more potential buyers attend their auction, which means a better chance for an outcome you desire.

Carolina Auction Team, Inc. Has the Right Answers for All Your Questions

At Carolina Auction, we have handled real estate auctions for over four decades, and have gained a reputation as a premier auctioneer for North Carolina and South Carolina. We work with all types of sellers – individuals, realtors, Fortune 500 companies, banks, trust officers, farm land owners, and more. We approach every auction, large or small, as an opportunity to earn your trust and business. We provide a free, no-obligation, detailed marketing and auction plan for your property. If your property isn’t suitable for auction, we tell you right up front. Our website, www.carolinaauction.com, has testimonials and past real estate auctions for you to check, and it lists the numerous professional trade organizations to which Carolina Auction belongs.

If you would like more information about auctioning your property, or to set up your free consultation, call us today at 800-292-9666.

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