Cash sales in a slowing market - Good Thing??
Sure, why not! We all love cash sales - especially when the sales price was achieved thru competitive bidding. That's what auctions do for you as a property owner. The ugly guys (you know who I mean) will show up just as everyone else that has an interest in your property will also bid. More bidders means higher price. You can put your property on the market and wait for an offer, then cross your fingers until after the option period and other contingencies pass OR you can list your property for an auction. Either way you're going to get market value - it's just a matter of whether you want to get there on the pony express or on the bullet train. Will you always get what you want? No. But you knew that anyways - just maybe no one told you OR maybe they did but you chose not to listen. Everyone's an optimist when they want your business. There's no magic in the business - hard work, exposure of your property to as many prospective and likely buyers as possible, and great team work. Just be realistic about the situation.
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