Stacey Arthur, Team Leader, auction-specialist Realtor® and State Broker in Atlanta, GA for RealEstateAuctions.com
As the common real estate saying goes, “If you don’t list then you won’t last.” This has been a motto for the 20 percent of today’s agents who are actually producing. Listing real estate has always been the distinguishing factor between a successful agent and one who is barely making it.
If you want to really estimate how long it will take to sell, assume that you’re not going to get an offer until roughly 20 buyers have been through your property, and then assume that it will take 2-3 offers before a deal is done. Of course this is not perfect or applicable in all cases, but here’s how we estimate how long it will take for your home sell.
Statistics show that the average listing gets sold within approximately three months from the list date. This is by utilizing the ever so daunting Multiple Listing Service (MLS). Experience teaches that even though the MLS makes the property available to other agents, does it really create the “buzz” and interest needed to get the property sold in record time? My answer to that is a resounding “No!”
Sellers are in need of a system that not only gets their properties sold in a shorter time but also adds more value than anticipated.
RealEstateAuctions.com provides that missing element needed to move inventory. We provide aggressive marketing strategies with one goal in mind: Get properties sold in six weeks! We facilitate the environment that brings multiple buyers to the table, so to speak, all in one setting. But of course, that auction “table” these days is a platform that features in-person bidding as well as live online participation. Open the actual floor and the virtual floor for bidding, counter bidding and finally the acceptance of an offer with the fall of the auctioneer’s gavel, all without the hassle of faxing, emailing, negotiating and even calls back and forth.
The auction process is one that gives the seller the comfort in knowing that serious, ready and able buyers are targeted and that the anticipated results will be obtained. The key is to price it right the first time, implement and execute an aggressive marketing plan, and let prospective buyers drive the price up through comepetitive bidding, instead of suffereing the inevitable backslide of pricing that is so typical of a traditional, negotiated sale.
Knowing that utilizing the auction systems is more effective when selling real estate, I would then venture to state “If you want to only showcase your real estate, list it, but if you need to sell it, auction it!” At RealEstateAuctions.com we get it right the first time.
Let us get it sold in six weeks!
Stacey Arthur is a Realtor® with RealEstateAuctions.com and a Team Leader for the company in Atlanta, Georgia. In this blog posting, she discusses the short, approximate six-week time frame between listing a property for auction and auction day. If you’d like to learn more, send Stacey an email at sarthur@realestateauctions.com.