Auctions work for both parties, particularly in this market
We all know that auctions work for sellers because it gets their property sold. But when the market is flat like it is now, auction also provide buyers with an opportunity to secure property at good market prices. That’s because sellers who choose to go to auction are usually more motivated to sell and are therefore keener to negotiate in order to get their property sold. From a buyer’s point of view, there’s nothing more frustrating than trying to deal with sellers who are ahead of the market. But auctions work for both parties as they provide a greater degree of certainty for everyone, that is, a sale. And at the end of the day that’s what we all want; to know that you have either sold or bought. Watch this week’s video for more reasons why you should buy at auction. And for sellers watch this video for more reasons why you should consider selling by auction in this market.
June 12 2010 10:06 pm | Market opinion