You did it, you made the big decision to sell! With the hard part of deciding out of the way, there are several options you can choose during the selling process that will make it work in your favour. Selling property should be a celebration of new beginnings and new growth, not a nasty case of headaches! There are so many options in the modern world when it comes to organizing your land based assets in order to sell, but have you ever considered auctioning? Here’s why it might be your best option when it comes to selling fast and gaining the most profit.
Auctioning is the easiest way to put a deadline on selling your property. It takes the stress out of the seller’s hands with a sure timeline on completing the sale. A structured plan and a by-when for selling your property before or during auction moves the intensity from the seller to the buyer. It also cultivates a bit of competition between your potential buyers. People respond to competition and this can put extra pennies in your pocket! Auctions have the unique ability to foster an emotional connection for buyers in a very short amount of time which can consequently increase the value of your home or land.
Since auctioning property happens in such a condensed time frame, this encourages you, the seller, to make the most out of your marketing strategy. This also means that having a good strategy in place is of the utmost importance! A well targeted marketing strategy is what’s going to do the most for your investments. It will attract the serious buyers in a shortened amount of time and ultimately save you money in advertising.
What it boils down to is that auctioning is one of the fastest and most efficient ways to sell your property. Whether you are selling acres of farmland, a commercial property, or a residential home, auctioning may be your answer to a much easier transition from seller to buyer. And with the proper exposure, auctioning your property can be a breeze! If you’re considering an auction for your land-based assets, don’t be afraid to give our experts at Hansen Land Co a call. We know a thing or two when it comes to making auctions an option!