Home Sale Tactics: Auction or Traditional Listing?

Are you considering selling your home?  Are you trying to figure out whether an Ohio real estate auction or a traditional listing with a real estate agent would be best?  Here are just a few things to remember about the tactic that you choose for your home sale:

  • OreillyTeam-CircleMasterFile9-Nov15Traditional real estate sales can take a long time. When you list your home on the market with a real estate agent, there is no final date when your home will be sold.  In fact, depending on the size, location and price of your home, it could be on the market for months. During that time, you will need to be available to keep your home showing ready and will have to endure the wait while people decide if they want to make an offer.
  • Home auctions in Geauga County have a beginning, middle and ending. If you really want to get your home sold, then a Geauga County auction may be the best bet.  Each home auction has a start date and a date when the actual auction will take place.
  • There are still open houses with a home auction. There are plenty of ways for people to see the interior of your home if you do decide to put it up for auction.  During the pre-auction period, dates and times are set aside for people to not only tour your home, but to bring an inspector to take a closer look.  This is convenient for you as you are not putting up with endless showings that can be inconvenient for you and your family.
  • Bidding can drive up the price of your home. While a traditional sale may end up in a bidding war, the likelihood of that happening in an auction setting is much higher.  What that means to you is that you will have the benefit of people who want your home striving to get it.

Want more information on traditional listings and auctions?  Contact the O’Reilly Team today!