Do Auctions Create Attention?

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Real Estate Agent with REMAX real estate associates

Has anyone tried auctions to create attention to their property and pull in buyers?
I was at one recently where it probably sold for a bit less then they were worth, but everything sold. It was a small condo project at the New Jersey Shore. I believe in New Jersey all you need is a real estate license to run an auction. Maybe you can get a few listings to participate.  What is there to lose. Does anyone know the protocol?

Richard

Visit:  newhomesbyrichard.com

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Renée Burrows
Savvy Home Strategies Realty, LLC-REALTOR®-Estate-Probate - Las Vegas, NV
Las Vegas Real Estate Broker - www.urLVhome.com

Since Las Vegas went auction heavy about two years ago (almost to the date!), buyer interest has been INSANE so yes, I believe it creates attention.  Do people find TRUE bargains is the real question that should be asked :wink:

Dec 08, 2009 03:07 PM #1
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Richard Stabile

Bergen County New Homes Builder Realtor
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