Listen up everyone,
January 24th at the Elks Lodge on Kent Island will be holding a bridal show and auction from 12-4pm. Designer dresses will be arriving from NYC. The designers will be reducing the price of the dresses 75% to begin the bidding process. You can't beat that! There will be many vendors there offering their services as well including myself. So, if you know of anyone getting married or may be looking to buy or sell real estate, come and visit us. The entry fee is $10 and $8 for bride with a paying guest. Door prizes will be given away as well. I hope to see you there. Also, if you know you will be coming, and want to have a list of homes waiting for you to pick up, just give me a call with your specifics and I will have them ready. Feel free to call me as well...443-786-4200
Showing posts with label auctions. Show all posts
Showing posts with label auctions. Show all posts
Tuesday, December 15, 2009
Tuesday, February 10, 2009
Should I Consider A Home Auction?
If you've had a "For Sale" sign in front of your house for months, you want something to happen and you want it to happen yesterday. Why not consider an auction? I know. When we think of auctions, we tend to think of auctions strictly for distressed properties. However, this is not true any longer. Selling premium homes via auction has become somewhat commonplace in Los Angeles, Miami, and New York. Now the trend has gained momentum in the Baltimore and surrounding areas.
The idea makes good marketing sense for sellers who missed the real estate boom over the last few years. What are some seller benefits?
It significantly lowers your commission as seller
You have a quicker sale ( 5 weeks from signing agreement to auction date)
Maximum buyer participation
Maximizes dollars
No contingencies
Buyer pays ALL transfer taxes and recordation fees.
These are just a few benefits.
Now suppose you are the buyer? What benefits to you?
Auctions are fun
Open, fair bidding process
Simple and transparent (Since you receive all information needed prior to auction; thus no surprises)
Buyers buy at their price
The decision to bid is reinforced by the immediately preceding bid
6% buyers premium is financeable.
So, auctions are good. Auctions can maximize the value of a property because of the competitive bidding process.
Buyers are eager to bid for a chance at a bargain. This is the only time you can go and buy something at your price.
If you want any more information on the process involved or a list of homes in the area that are offered through auctions, contact me.
The idea makes good marketing sense for sellers who missed the real estate boom over the last few years. What are some seller benefits?
It significantly lowers your commission as seller
You have a quicker sale ( 5 weeks from signing agreement to auction date)
Maximum buyer participation
Maximizes dollars
No contingencies
Buyer pays ALL transfer taxes and recordation fees.
These are just a few benefits.
Now suppose you are the buyer? What benefits to you?
Auctions are fun
Open, fair bidding process
Simple and transparent (Since you receive all information needed prior to auction; thus no surprises)
Buyers buy at their price
The decision to bid is reinforced by the immediately preceding bid
6% buyers premium is financeable.
So, auctions are good. Auctions can maximize the value of a property because of the competitive bidding process.
Buyers are eager to bid for a chance at a bargain. This is the only time you can go and buy something at your price.
If you want any more information on the process involved or a list of homes in the area that are offered through auctions, contact me.
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