Over 58.6 Billion Dollars in real estate was sold last year using the Auction Method of marketing. The reason for this tremendous increase in the popularity of this method of selling is because the sale is predictable, there are NO contingencies on financing, inspection or approvals, NO commission and property is always sold in "AS IS" condition. Sellers have full control of the auction price, they have the right to accept or reject the offer if it is below the reserve. Read more...

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