First things first—selling your home at auction does not mean it’s a foreclosure; it’s actually an alternative sales method that has many advantages. In fact, more and more homeowners are starting to look to real estate auctioneers to help sell their home in a timely manner. A homeowner who decides to hire a home auction service may experience less stress, and may even sell the home more quickly than if they had put it on the traditional market through a real estate agent.
Are you looking forward to learning more about what it means to sell a home at auction? Let’s take a look at a few of the top benefits of selling your house with a seasoned auctioneer in Maryland on your side.
You get to decide when to sell
The great thing about a home auction is that you don’t have to wait for the listing to post. When you work with a real estate agent, it takes time to get your house on the market for the public to see. This can be stressful and time-consuming, and may even hold you back from purchasing a new home for a time.
Selling your home at auction is a whole different story. One of the most appealing aspects is that you get to decide when to sell, which often means that this will be the exact date you actually will sell. In most cases, a home auction is advertised and signs are made to announce to potential buyers the date and time of the auction.
You may get a higher offer
As mentioned above, a posting for a house auction tells interested potential buyers to show up on a specific date and time—and home auctions tend to attract serious buyers. If they have done their homework, then they know they’ll be competing against other parties on the same day. The parties will see or hear each other’s offers, making them feel more confident and okay about increasing his or her offer. Therefore, selling your house at auction can result in a sizable profit for the seller—that’s you!
You can save time and money
If you are still living in the house and you are selling through a realtor, you can easily wrack your brain waiting for calls from your real estate agent telling you interested parties will be there in 10 minutes. You will end up rushing around to tidy up to make the place presentable. On the other hand, because you know when the house auction is scheduled to take place, you will already have the place presentable. Furthermore, home auctions are not only good when the housing market is competitive; it’s also a good route to take in a downturned market, or any time you need to sell a house quickly and as close to market value as possible.
To work with a qualified and seasoned real estate auctioneer in Maryland, give us a call at Jane Campbell-Chambliss & Associates, LLC. We are more than happy to discuss your concerns and answer all your questions prior to selling your home at auction. Contact us today!