Online auction accelerates sales by significantly cutting down negotiations time consumed in traditional buying and selling.
Breaking it down to a few of the many time intensive components of a traditional transaction that selling or buying through online auction alleviates or eliminates:
- Playing telephone tag
- Recording and accessing voice mails
- Drafting and chasing all the email correspondence
- Traveling back and forth to personal meetings with a seller’s or buyer’s agent and their customers
- The direct involvement of actual buyers or sellers in the negotiations process
Instead, use new online auction technology to negotiate multiple initial tender offers at the same time. Click to present offers, click to counter, reject or accept offers. It’s that easy and takes just seconds.
As to what real estate auction sites are best, always go for the entirely free venues. Ensure that these also do not charge any buyer’s premium, which traditional online or on location auctioneers still charge to this day. This fee can reach up to ten percent over and above the value of the property.
First Free Online Real Estate Auction Platform with Integrated MLS Listing Search at NAR’s 2012 REALTORS® Conference & Expo
We’re looking forward to seeing you and many of our members at NAR in Orlando in about ten days where we will showcase the latest ListedBy.com release.
The ListedBy team will be at booth #574 from Nov. 9 -12 to demo the upgrade. Full online real estate auction and ‘Submit Offer’ functionality, integrated LinkedIn-line networking tools to build and grow your sales funnel, auction listing search and now also national MLS listing search on the same platform, for an even better user experience, and all for ListedBy’s now famous monthly fee of zero dollars!
If you’re planning to be there, we’ll also be giving away a luxury condo stay in Vegas for four people, and two Nook devices! Please drop by and say hello.