AUCTIONS

There are many pros and cons to real estate auctions. Below, we list the benefits of the seller and the buyer.

Auctioneer: Gavin Pope, Pope Auctions. gdpope.com | (217) 825-8682

 

WHAT IS A REAL ESTATE AUCTION?

A real estate auction is an innovative and effective method of selling real estate. It is an intense, accelerated real estate marketing process that involves the public sale of any property – most certainly including those that are nondistressed – through open cry, competitive bidding.


HOW WILL AN AUCTION BENEFIT ME?

The real estate auction is a win-win proposition for everyone involved. Some listed benefits are below.


BENEFITS TO THE SELLER


BENEFITS TO THE REALTOR


Auctions are unique – in experience, sound, and practice.
Many auction attendees find the experience addictive. They report that there’s nothing quite like the thrill of finding something they want and then bidding against others who want the same thing.
But you don’t have to be a seasoned auction attendee to be able to experience the thrill of auctions.

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