Selling your property through an auction (commonly called a house auction) can be tremendously beneficial – but if you’re like most people, you aren’t familiar with why it could be the best possible way to sell your home.
Putting your house up in a real estate auction can:
- Eliminate pricing problems
- Sell your home quickly
- Get a huge number of potential buyers interested
- Keep you in control of the sale
- Close quickly, efficiently and cost-effectively
- Why Property Auctions Help Sellers
Why Property Auctions Help Sellers
Because a property auction can save you time and money, and because you’ll be able to sell your home quickly, it’s often the best choice.
Eliminate Pricing Problems With a Real Estate Auction
An auction eliminates pricing problems by establishing the true market value of a home. When you list your home in a real estate auction, you don’t have to guess how much the house is work, worry about pricing it too high (or too low). In many cases, bids come in above what the home would sell for through a traditional sale.
House Auctions Sell Homes Quickly
Selling your home at auction is often faster than selling it through traditional channels. Typically, we can schedule your auction within 60 days. That means less time paying for an empty home – you’ll save on taxes, insurance, maintenance and house payments.
Property Auctions Attract Motivated Buyers
A property auction brings in motivated buyers who are ready to lay down cash to purchase your home. We aggressively advertise our upcoming auctions to generate excitement and urgency to buy, which helps the home sell at the best possible price.
Real Estate Auctions Keep Sellers in Control
As the seller, you’re in control. You decide the auction date and time, and you choose the terms of the sale. There won’t be contingencies, either – your home will sell as-is, saving you the hassle associated with the negotiation process involved in a traditional sale.
Home Auctions Close Quickly
Your transaction will close 30 days after the auction.
Thinking About Selling Your Home at a Property Auction?
Our team is licensed to hold house auctions all over Illinois, including Litchfield, Hillsboro, Montgomery County and the surrounding communities. If you’re thinking about selling your home this way, we’d love to invite you to one of our upcoming home auctions so you can see how it works. We’ll also be happy to answer your questions about real estate auctions, so call us at (217) 532-2525 in Hillsboro or (217) 324-4663 in Litchfield or contact us online today.
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