An auction generates excitement and heightens buyer interest. Introduction Real Estate Auctions have gained credibility and popularity among the general public over the past few years. Auctions can accelerate a property sale and maximize a property's selling price.
Auctions are another means in which to bring buyers and sellers together.
There are many reasons why the auction method of marketing should be considered. High carrying costs can be avoided. Value can be demonstrated and market prices can be found. The auction method draws attention to the property. A sense of urgency to buy a property is created.