real estate

7 tips for a home sale in a soft market

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Real estate auctions generally are associated with foreclosed properties. But all types of homeowners now are exploring auctions as a way to sell their homes.

Admittedly, there is some risk. You'll have to pay the auction company to market and advertise your home before the auction -- whether you reach a sale or not. But if you're in the right market, it can be an effective way to quickly and profitably move a house.

"They can be good in markets where inventories are lean," says Helfant-Browning. "But I find them less successful in markets where there's heavy inventory."


 

 

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