Preparing for your first home auction can be an exhausting yet stressful experience. As a real property seller, you want to ensure you work with an excellent auctioneer to get the best deal and secure a successful sale. When it comes to preparation, the more well-researched you are, the better.
As an established auction service provider, we will impart a few tips on how to prepare for a home auction:
- Set a reserve price.
As the seller, it is up to you to set the most ideal reserve price with your agent. To get a better idea of how much you can expect from your property auction, take a look at the results of the most recent auctions in Ohio. It’s also important to consider the usual supply and demand during the time of sale.
- Prepare and style your home.
Taking the time to prepare and style your home accordingly can boost its value and create a big impact on the outcome of your auction. Making simple renovations and little changes can boost your property’s appeal and attract more potential bidders.
- Work with the right agent and auctioneer.
To ensure a successful auction, it’s crucial to work with the right people. An agent with a proven track record and a highly experienced auctioneer will make a huge difference. Make sure your auctioneer is well-versed in selling real estate and take a look at their recent sales in your area.
Bender Auctions is a reputable auctioneer in Massillon, Ohio. We specialize in the auctioning of consignments, family estates, real property, personal assets, and more. For more information on our services, feel free to arrange a consultation with us to discuss your needs in greater detail.