The Real Estate Encyclopedia
How can real estate agents use online auctions?
Category - Home Selling Questions - General Home Selling FAQ's

As the trend in real estate auctions continues to grow, savy real estate agents are using online auctions to increase exposure to their listings and accelerate their sales.

Short sales and REO listings are a particularly great fit for an online auctions.

With a short sale, an agent can market a property over a short period of time and then take the highest bid to the lender for approval.  Showing bidding history and activity will help build their case.

REO listings allow a bank to clear their books of properties they just want to be rid of.

Sellers, buyers and real estate agents all benefit from using online auctions.

External Links
Home Selling Questions - General Home Selling FAQ's
Mortgage Questions - Foreclosure & REO FAQ's
Home   |   About Us   |   Contact Us   |   Patrons   |   FAQ's   |   Site Map
© 2008 - All Rights Reserved.
Thank you for visiting Real Estate Wiki - the leading dictionary, directory, encyclopedia and glossary for the real estate and mortgage industries .