Extending a Luxury Home Auction due to Overwhelming Interest- I Don't Think So. Featured

I guess if you've been in the luxury real estate auction business as long as I have, one would think one had seen it all.  However, I stand corrected.

It seems now that one of the bait and switch tactics being used out there today in the marketplace is to extend the auction's scheduled date due to overwhelming interest.  Really?  So you're telling me that there was so much response for a luxury home auction campaign that extra time is needed to accommodate extra potential bidders?  That is absurd and really just code for "the results weren't what we promised and we need extra time to try to salvage this deal"

If you or you and your client are considering a non-distressed high-end real estate auction, let's talk.  I can save you a lot of time and money by educating you on the process including how to avoid pitfalls like the above mentioned, the absolute auction that can be cancelled and other questionable tactics.

I'm happy to answer any questions you may have.  Just ask.

Gary

404.784.5759 

 

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