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Why Sellers Prefer Real Estate Auctions
September 23, 2014

If you are looking into real estate auctions as a way to sell one or more of your properties, you may or may not know some of the benefits of auctions.  While many people have heard of auctions when it comes to cars or planes or rare art, they likely haven’t ever thought about the benefits of real estate auctions.  We’ll break down these benefits in detail below:

Set Auction Date
With a traditional real estate transaction, your real estate goes on the market one day and it may not sell for months or even years.  This can leave a large amount of uncertainty in the minds of sellers.  With real estate auctions, you have a set date in which your real estate will be sold at auction.  The right South Carolina auctioneer will do an effective job of marketing your real estate you will have a large number of potential buyers vying for your property on auction day.  This is much different than putting your real estate on the market with a traditional real estate company and just waiting for showings and hopefully offers.

Competition
Competition is one of the largest benefits of real estate auctions.  By setting a defined real estate auction date and time, you create a scenario where multiple buyers are bidding on your real estate.  This often results in higher prices, which eliminates the price ceiling that is sometimes seen with traditional real estate transactions. 

Need More Information About Real Estate Auctions?
We understand that you still may have some questions about how real estate auctions actually work.  We’ve been in business for generations and have helped thousands of property owners sell their real estate at auction.  Give us a call today at 800-292-9666 to learn more about how real estate auctions can help you sell your property fast and at a price that you can appreciate.

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