Serious buyers would be smart to consider the auction method for their next home purchase. The idea of purchasing a home through an auction may seem scary but it is a great way to close a deal quickly for a great price! Competitive bidding allows most properties to be sold at fair market value. Buyers also know their negotiation period and closing date in advance which allows for a smooth selling process. Since the house is up for auction, the buyer knows that the seller is motivated. This may sometimes allow for leniency on the price of the home.

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