ONLINE AUCTION OF YOUR HOME WITH BUYER PREMIUM STRATEGY - NO SELLER COMMISSIONS!

ONLINE AUCTION OF YOUR HOME WITH BUYER PREMIUM STRATEGY - NO SELLER COMMISSIONS!

Billions of Dollars of Real Estate at all Price Levels are  Sold by Auction Annually!  

Billions of Dollars of Real Estate at all Price Levels are  Sold by Auction Annually!  

Think about what happens when You implement a “Buyer Premium Strategy.” 

Buyer pays the commission, as a 5-7% premium on top of contract price. 

Double entry bookkeeping works in real estate, too.  Move the commission to buyer side of the settlement statement!  PAY NO SELLER COMMISSION.

When your buyer makes an offer on a standard listing, normally you commence negotiation of price and terms. The traditional List Price is a starting point. You're offering to sell at that price. You'd take a full price offer, right? 

It’s inherently a price to negotiate DOWN from!

With no commission in the List Price, it can be competitively lowered! You're NOT offering to sell at that price.  It's a minimum starting point. Buyers and agents must investigate what your home is truly worth to know what to offer! You're not obligated to take their offer unless agreeable. 

Buyers search in price ranges on the Internet! More potential Buyers will see Your Listing.  Listing Price becomes a price to negotiate UP from!

Think about what happens when You implement a “Buyer Premium Strategy.” 

Buyer pays the commission, as a 5-7% premium on top of contract price. 

Double entry bookkeeping works in real estate, too.  Move the commission to buyer side of the settlement statement!  PAY NO SELLER COMMISSION.

When your buyer makes an offer on a standard listing, normally you commence negotiation of price and terms. The traditional List Price is a starting point. You're offering to sell at that price. You'd take a full price offer, right? 

It’s inherently a price to negotiate DOWN from!

With no commission in the List Price, it can be competitively lowered! You're NOT offering to sell at that price.  It's a minimum starting point. Buyers and agents must investigate what your home is truly worth to know what to offer! You're not obligated to take their offer unless agreeable. 

Buyers search in price ranges on the Internet! More potential Buyers will see Your Listing.  Listing Price becomes a price to negotiate UP from!

How do you price your home based upon this set of expectations?  Buyers hope to pay the lowest price they can, while Sellers want top dollar!  What pricing strategy presents your offer to the greatest number of opportune buyers, thus creating more demand? 

Most folks establish a “Listing Price” above what they think is market value by the amount of costs they anticipate, and to give themselves a little "room to negotiate" DOWN from!  In pricing above market value, the number of potential buyers is limited to about 30-35% of the buyer pool! It decreases potential demand and probability of sale!  By pricing 10-15% below market value, as many as 90% of potential buyers will see your offer!

How do you price your home based upon this set of expectations?  Buyers hope to pay the lowest price they can, while Sellers want top dollar!  What pricing strategy presents your offer to the greatest number of opportune buyers, thus creating more demand? 

Most folks establish a “Listing Price” above what they think is market value by the amount of costs they anticipate, and to give themselves a little "room to negotiate" DOWN from!  In pricing above market value, the number of potential buyers is limited to about 30-35% of the buyer pool! It decreases potential demand and probability of sale!  By pricing 10-15% below market value, as many as 90% of potential buyers will see your offer!

That's 3x as many potential buyers! Yes, some won’t be qualified, but many will be, and most buyers on the top end of a price range are willing to pay more to get what they really want.  Your offer is very clearly differentiated from its competitors.  You are more competitively priced, with more attractive terms.

If you use a “beginning bid” instead of a “List Price” and price 15-20% below your desired price it changes the pricing dynamics and ramps up potential demand!  And your offer in MLS clearly states and discloses that it is a beginning point, and NOT the sales price nor perceived market value. 

That's 3x as many potential buyers! Yes, some won’t be qualified, but many will be, and most buyers on the top end of a price range are willing to pay more to get what they really want.  Your offer is very clearly differentiated from its competitors.  You are more competitively priced, with more attractive terms.

If you use a “beginning bid” instead of a “List Price” and price 15-20% below your desired price it changes the pricing dynamics and ramps up potential demand!  And your offer in MLS clearly states and discloses that it is a beginning point, and NOT the sales price nor perceived market value. 

One of your Listing Agent’s most critical jobs is to “market” and present your home in the most favorable manner such that every buyer interested in acquiring what you have in that proximity and price range is made aware of its availability!  Massive digital exposure and aggressive initial pricing drive demand.  A mega open house weekend follows, with auction between Sunday and the following Wednesday, ending 5pm, approved bidders only.

One of your Listing Agent’s most critical jobs is to “market” and present your home in the most favorable manner such that every buyer interested in acquiring what you have in that proximity and price range is made aware of its availability!  Massive digital exposure and aggressive initial pricing drive demand.  A mega open house weekend follows, with auction between Sunday and the following Wednesday, ending 5pm, approved bidders only.

Auction House Pro Enterprise Version Website 

www.NovaHomeAuctions.com

Auction House Pro Enterprise Version Website 

www.NovaHomeAuctions.com

Benefits of Selling a Home Using an Auction:

  • You enjoy a simple sales process requiring no negotiation on your part.
  • Showings are conducted via Open House process – greater convenience 
  • There’s no List Price to come down from – competitive bidding drives price up 
  •  ​You don't have to accept the Buyer offer
  • Buyer pays most of or all the commission through a Buyer Premium. 
  • The Auction Deadline creates a sense of Buyer Urgency 
  • Typical timeline is 14-30 days eliminating carrying costs faster 
  • You set the terms and dates of your Open House and Auction creating predictability 
  • The Competitive Bidding Process helps You receive the Highest Market Value Net for your House 
  • ​Normal Contract and Closing Process 
  •  ​Traditional Financing Accepted 

Benefits of Selling a Home Using an Auction:

  • You enjoy a simple sales process requiring no negotiation on your part.
  • Showings are conducted via Open House process – greater convenience 
  • There’s no List Price to come down from – competitive bidding drives price up 
  •  ​You don't have to accept the Buyer offer
  • Buyer pays most of or all the commission through a Buyer Premium. 
  • The Auction Deadline creates a sense of Buyer Urgency 
  • Typical timeline is 14-30 days eliminating carrying costs faster 
  • You set the terms and dates of your Open House and Auction creating predictability 
  • The Competitive Bidding Process helps You receive the Highest Market Value Net for your House 
  • ​Normal Contract and Closing Process 
  •  ​Traditional Financing Accepted 

Benefits of Buying a Home at an Auction:

Benefits of Buying a Home at an Auction:

  • Complete control over purchase of the home the Buyer really wants!  
  • Multiple Blind Offer situations eliminated! 
  • Complete Price Transparency!  All bids visible on website.  (The last hour is extremely exciting!)
  • ​Preview Home before bidding at Mega Open House      
  • Home Inspection after Winning Bid.  No Hidden Surprises!
  • All Normal Purchase Contingencies maintained.
  • Possible Reduction of Buyer Premium if NOT represented by an Agent.
  • Traditional Financing Process Available and may be initiated through our Auction Website
  • ​Normal Contract and Closing Process.
  • Complete control over purchase of the home the Buyer really wants!  
  • Multiple Blind Offer situations eliminated! 
  • Complete Price Transparency!  All bids visible on website.  (The last hour is extremely exciting!)
  • ​Preview Home before bidding at Mega Open House      
  • Home Inspection after Winning Bid.  No Hidden Surprises!
  • All Normal Purchase Contingencies maintained.
  • Possible Reduction of Buyer Premium if NOT represented by an Agent.
  • Traditional Financing Process Available and may be initiated through our Auction Website
  • ​Normal Contract and Closing Process.

In recent years, Auction Platforms have seen a steady increase in number of homes sold and far greater engagement and excitement from buyers. Billions of dollars of real estate are sold by auction every year. 

Sellers love auctions because they are fast, efficient, and effective. Auctions use the science of pricing, and the psychology of competitive bidding and urgency. 

Traditional Financing may be used, and normal contract and closing process apply. Auctions are an accelerated and targeted way of selling your home. There is no ceiling price in a competitive market, though you maintain a reserve price. Auctions attract serious buyers, and you know the exact date you’ll sell your home!

Start packing!

In recent years, Auction Platforms have seen a steady increase in number of homes sold and far greater engagement and excitement from buyers. Billions of dollars of real estate are sold by auction every year. 

Sellers love auctions because they are fast, efficient, and effective. Auctions use the science of pricing, and the psychology of competitive bidding and urgency. 

Traditional Financing may be used, and normal contract and closing process apply. Auctions are an accelerated and targeted way of selling your home. There is no ceiling price in a competitive market, though you maintain a reserve price. Auctions attract serious buyers, and you know the exact date you’ll sell your home!

Start packing!

Get a Spot on my Calendar now for a FREE consultation at your home.  No obligation.  Takes 30-60 minutes.  

Get a Spot on my Calendar now for a FREE consultation at your home.  No obligation.  Takes 30-60 minutes.  

Powered by ConvertriPowered by Convertri