florida auctions

I have been trying to sell my house for a long time and I’m considering an auction now to try and sell it. Will an auction work for a $250,000 house in town or is it just for beach properties?

Auctions can work for any property, but bear in mind that 70% of the auctioned properties in this area failed to sell at all last year! The 30% that did sell went for roughly 70% of fair market value.

Plus, as a seller at auction, you will be burdened with thousands of dollars of up-front fees that are non-refundable. In other words, 70% of such sellers last year ended up much worse off after the auction than they had been before!

If you place your property on the market with a local Realtor at 90% of fair market, it will sell quickly and without all the up-front fees.