Understanding different sales methods
WHICH sale method is best for you?
Ensure you understand the different sale methods and the rules and protocols of each.
Write a list of the pros and cons of each method for selling your home.
A quick look online or in the newspaper will tell you how most homes in your area are sold.
If you follow the successful crowd, you will give buyers the sale method most common for their market.
Auctions are a good option if most homes in your area are sold in this manner, you need a sale within a defined period or your home is unique.
Many people believe that if a home put to auction does not sell on the day, it is a disaster. But research shows most homes that fail to sell on the day do sell quickly afterwards.
The benefit of the auction process is that it gives you an intense period of market feedback so you can adjust your price expectations.