An auction process is proven to attract buyers and achieve great results due to excitement and bidding wars.
Buyers are thinking about the maximum they can afford to bid rather than how low they can negotiate the price.
With many cash-ready buyers in one location, buyers can seamlessly transition from one property to the next.
The reserve price protects you if the property gets lower than expected bids. The property can then go into a negotiation phase.
Your marketing works harder as fewer properties are advertised during this time. Your property will receive a larger share of voice.
Your property isn't isolated, it competes with other properties on the market. Beat the rush and get SOLD earlier with less competition!
