how do i start a real estate auction online?
Posted by admin on 16 Dec 2008 3:37 am. Filed under Renting & Real Estate.
drake
Do i need to be a real estate agent in order to do this? and what all should i take into consideration when doing this? thank you for the help!
Do i need to be a real estate agent in order to do this? and what all should i take into consideration when doing this? thank you for the help!
On December 19th, 2008 at 5:06 am
Check the laws of your state! In most cases, the owner does not need to be a Realtor nor an auctioneer to auction their house on-line. If it isn’t your house you likely will need to be a Realtor and quite possibly an auctioneer too.
What should you take into consideration? Hmmm… Tough one. I just don’t know who would offer a serious bid on a property they have never seen in person. But when other auctions are done, all the “due diligence” work is already completed (honest home inspection, termite inspection, etc.) to allow for a quick closing (i.e. terms of the auction).
On December 20th, 2008 at 7:27 pm
what type of auction do you want to start.
or is it just to sale one piece of property
you can do that on e-bay
if you want to open your own auction site e-mail me back
On December 23rd, 2008 at 6:39 pm
If you own the property you can sell it any way you like, on line, offline, at auction or for sale by owner. However if don’t own it or don’t want to do it yourself search the National Auctioneer’s Association website for an auctioneer in your area. Few Realtors know much about selling at auction thus going straight to the source is the best place for answers.