Comments on: Real Estate Auctions: Are Realtors Dead Meat? http://blog.sellsiusrealestate.com/brokers-professionals/real-estate-auctions-are-realtors-dead-meat/2006/06/29/ Sat, 5 Jul 2008 23:53:31 +0000 http://wordpress.org/?v=2.3 By: sellsius° http://blog.sellsiusrealestate.com/brokers-professionals/real-estate-auctions-are-realtors-dead-meat/2006/06/29/#comment-7216 sellsius° Fri, 30 Jun 2006 21:18:33 +0000 http://blog.sellsiusrealestate.com/brokers-professionals/real-estate-auctions-are-realtors-dead-meat/2006/06/29/#comment-7216 Thanks for the comment Todd. Why was your listing selected for auction? Did your client request it? Where they under a time constraint to sell? Had the market been tested before the decision to auction? Just curious. Thanks for the comment Todd. Why was your listing selected for auction? Did your client request it? Where they under a time constraint to sell? Had the market been tested before the decision to auction?
Just curious.

]]> By: Todd Waller http://blog.sellsiusrealestate.com/brokers-professionals/real-estate-auctions-are-realtors-dead-meat/2006/06/29/#comment-7215 Todd Waller Fri, 30 Jun 2006 20:43:41 +0000 http://blog.sellsiusrealestate.com/brokers-professionals/real-estate-auctions-are-realtors-dead-meat/2006/06/29/#comment-7215 sellsius°, around the SE. Michigan area, auctions have been around for quites some time. They are not terribly prolific, in fact, I've only seen a handful across the last couple of years. My experience, just showing up and looking around while the auction was in progress, was that it is another option for the unrepresented seller to exercise and save on the commission. Some foreclosures through a particular asset management company that I deal with are now and again thrown on an ebay like auction. In fact, a listing that I currently have has been selected for auction beginning next week. sellsius°, around the SE. Michigan area, auctions have been around for quites some time. They are not terribly prolific, in fact, I’ve only seen a handful across the last couple of years.

My experience, just showing up and looking around while the auction was in progress, was that it is another option for the unrepresented seller to exercise and save on the commission.

Some foreclosures through a particular asset management company that I deal with are now and again thrown on an ebay like auction. In fact, a listing that I currently have has been selected for auction beginning next week.

]]> By: sellsius° http://blog.sellsiusrealestate.com/brokers-professionals/real-estate-auctions-are-realtors-dead-meat/2006/06/29/#comment-7194 sellsius° Fri, 30 Jun 2006 17:03:13 +0000 http://blog.sellsiusrealestate.com/brokers-professionals/real-estate-auctions-are-realtors-dead-meat/2006/06/29/#comment-7194 Michael, have you had sellers ask about auctions as a means to sell? From your experience is an auction a last resort after a seller has first tested the market? Is it a FSBO phenon or for a relo who wants a quick sale? Michael, have you had sellers ask about auctions as a means to sell? From your experience is an auction a last resort after a seller has first tested the market? Is it a FSBO phenon or for a relo who wants a quick sale?

]]> By: Michael Daly http://blog.sellsiusrealestate.com/brokers-professionals/real-estate-auctions-are-realtors-dead-meat/2006/06/29/#comment-7175 Michael Daly Fri, 30 Jun 2006 13:23:16 +0000 http://blog.sellsiusrealestate.com/brokers-professionals/real-estate-auctions-are-realtors-dead-meat/2006/06/29/#comment-7175 I believe that auctions will become a larger part of the business, because it fits with our penchant for drama and instant gratification, but i don't believe it will effect traditional agency as a whole, BUT, that being said, there are MANY new business models chipping away at the edges of traditional agency. Better stay on our toes! md I believe that auctions will become a larger part of the business, because it fits with our penchant for drama and instant gratification, but i don’t believe it will effect traditional agency as a whole, BUT, that being said, there are MANY new business models chipping away at the edges of traditional agency. Better stay on our toes! md

]]>