INQUIRING MINDS WANT TO KNOW

In the current real estate market, sellers want to know

how you’re going to sell their home….a lot of sellers are in a situation that requires “creating buyer urgency”.  Some are turning to unconventional (up until now) ways to market and sell a home.  There are companies that are creating an eBay type of site where potential buyers bid on properties….24 hours a day, 7 days a week.

There is a company out there doing just that.  By using the general theory that properties on the market for over 90 days sell for less than they might be worth, people can sign up for the program which begins with traditional marketing means, i.e., advertising, open houses and preview events.  All prospective buyers are qualified through the site.

It’s an interesting concept and for those who are having a hard time selling in this market, it opens another door through which additional buyers can compete.  The site claims that they have a good deal of “move-up” buyers.