With so many properties competing with each other on the market we need to look for creative ways to get our Sellers properties sold in the most efficient way.
We have had a number of properties in our area use Real Estate Auctions. I have actually bid on some of these properties for my Buyer's. Some sold for more than or very close to the last price they had them at on the MLS before putting them up for auction.
What do you think of Realtors engaging their Sellers in the use of Real Estate Auction Companies to get Listings Sold? What do you think are the pitfalls and/or benefits? Any experiences?