Explore an auction8 of 9Real 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." Related Articles:10 ways to turn off a homebuyerHome staging key to sellingWhat's my house worth?7 steps lead to FSBO successRelated Links:Selling your home in a crowded marketHAFA short-sale rules may help sellersWhy won't your home sell?Home improvement costs advertisement
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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