sherryhanson
New Member
Cash: $ 0.75
Posts: 3
Joined: 20 Feb 2007
|
What do you think about the March auction? |
|
|
There�s news that the National Real Estate Auction Corp. will host a massive real estate auction in downtown Phoenix next month � offering everything from starter homes to multimillion-dollar estates. This is according to East Valley Tribune.
Although auctions can be a good tool, buyers and sellers need to do their homework, said Brad Wood, an agent with Realty Executives in Scottsdale.
�It�s all about pricing,� Wood said. �Just because you�re buying from an auction doesn�t necessarily mean you�re getting a good deal.�
I totally agree to this. I mean, even when buying residential property overseas ( see ( http://www.globalpropertyguide.com/static.php?item_id=6) you need to take your time, listen to different people, and do your homework.
But it�s interesting that competition drives a lot of real estate agents to the heights of creativity � in this case, auctions, which are a bit unconventional. Or are they?
|