Would you sell a house by auction
Posted 14 January 2013 - 05:34 PM
I always thought that it was a good way to buy but not a good way to sell....
Thanks in advance
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Posted 14 January 2013 - 07:58 PM
We're NW and houses are moving fairly quickly, so in today's market, I'd probably just list.
Posted 14 January 2013 - 08:28 PM
I'm not in Bris so can't comment to that market specifically, but we recently purchased and I really hated places that were up for auction. A lot of people now buy houses but need to sell their own place first, or they can't hang around until a certain date to wait to buy (this was us) so you're missing out on those buyers.
There were a couple of places that said they were open to offers prior to auction, and I can see how that would be beneficial because you could try and herd all interested parties together.
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