Auction Method of Sale
Auction, according to some agents, is probably the worst method of selling your property. It gives you a lower price and can sometimes expose you to risk.
| " Final auction price is not necessarily the best price the seller would have achieved ..." |
Many people have become victims to auctions. They have experienced what it is to expect their houses to sell for high prices, only to be forced into accepting a low price at auction. They all tell a similar story; 'The agent told me I'd get a great price, but I got a bad price.'
A lot of people definitely feel that selling their property at auction was a bad experience and the worst decision they ever made. There are certainly a lot of auction victims around who have been disappointed with this method of sale.
Auctions use the principle that 'your house is only worth what someone else will be prepared to pay for it...
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