How Public Auctions Achieve Lower Prices
If you are thinking of auctioning your property, please talk to MADDISONS first. We can auction your property, achieve the best price and protect you from the following things happening to you. Please note - The following comments are about Public Auctions. MADDISONS believe in a Private Auction sale. Ask us for more details. Your typical real estate agent will insist you give them thousands of dollars to advertise your home. They will also insist you conduct open houses. Please read our other articles outlining how advertising and open houses can damage the value of your home. Advertising...If the property doesn’t sell at auction, every week the agents will ask the owners for more money to continue to advertise the property.
How Public Auctions get lower PricesFrom Best selling author - Neil Jenman book - Real Estate Mistakes and Don't sign anything 
Homesellers tempted to auction their homes should remember four words: AUCTIONS GET LOWER PRICES.Never mind what agents tell you, never mind what you read in the papers, auctions are a financial minefield for consumers. Despite the booms in many areas, thousands of homesellers are turning their backs on auction and benefiting. But there are still thousands of sellers who don't realise, until it's too late, what happens to them at an auction. They get a LOWER price, that's what happens. If someone is trying to talk you into selling by auction, then before you sign anything, please read this.
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