This guy may not change the world but at least we’ll have more conversation about home auctions – though realtors will have to embrace the concept first:
Jim Klinge
Klinge Realty Group
Broker-Associate, Compass
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
- 682 S. Coast Hwy 101, Suite #110
Encinitas, CA 92024 - (858) 997-3801 call or text
- klingerealty@gmail.com
CA DRE #01527365, CA DRE #00873197
Seems to work great when everyone is paying cash. But when you have financing and contingencies, this process may limit your exposure to a larger pool of buyers and have a negative impact on the overall sale.
I like it I like it I like it…
Let’s blow out all the free renters this way.
The problem with auctions may be described with one word…………………..SHILL!
Shills only work when there’s a limited supply. When there’s a large supply people just walk away once the price gets to high.
The auction process for selling houses seems to have worked for years in Australia (where this video is from). It will be interesting to see if it ever catches on in the US (I doubt it).