Can I Sell My Northeast Ohio Home At Auction?

Home auctions are becoming one of the most popular ways to sell a property in Northeast Ohio.  If you have ever wondered if you can sell your Northeast Ohio home at auction, the answer is yes!  Ohio real estate auctions can get you great results in a short amount of time.

Real estate auctions are a streamlined way to get your home on the market, exposed to a motivated group of buyers and sold with the least amount of hassle.  The process is very simple.  During your initial meeting with the auctioneer and his team, they will take a tour of your property and gather the necessary information about your home or farm.  At that time, the auctioneer will work with you to suggest dates that will be ideal for the actual auction so that you can get it on your calendar.

OreillyTeam-CircleMasterFile-Nov15After that initial meeting, the auction team will get to work.  Much of the process of an Ohio real estate auction is getting the word out that there is a home for sale.  Pictures and details about your property will be posted on websites so that people can take a virtual tour.  Notices will be placed in local papers and a sign will be installed on your property.  All of these steps are to ensure that your Geauga County home has the best exposure to the pool of buyers.

Once the marketing has been established, the auction team will communicate with interested buyers and work with you to set up a time for an open house.  Unlike traditional home sales, where there is a separate date for open houses and inspections, auction teams usually have two open house days where people can tour the property and can even bring in an inspector.

The day of the auction, the team will set up on your property and verify that all of the bidders have the necessary paperwork.  Once the auction starts, it may take just minutes for your home to sell.  The buyer will leave a deposit and your home will go through a closing period of less than 60 days depending on how it is funded.

Get more information today on selling your Northeast Ohio home from the O’Reilly Team.