This week on Strive for 25, Joel talks with Jeannette Gray about auction properties. They discuss the misconception that auctions only involve bank-owned or foreclosed properties and explain how auctions can include properties from various sources such as banks, sellers, and estate sales. Jeannette provides insights into the process of auctioning properties, including the role of auction houses, setting reserves, advertising, and the bidding process. They also touch on the types of buyers, financing options, and the potential for getting a good deal at auctions. Tune in for insights on a new way to buy and sell!
“It saves the seller a lot of money, time, and effort if they would even consider the option of auctioning their home vs. the traditional listing of a property." - Jeannette Gray
Episode Summary:
This week on Strive for 25, Joel talks with Jeannette Gray about auction properties.
They discuss the misconception that auctions only involve bank-owned or foreclosed properties and explain how auctions can include properties from various sources such as banks, sellers, and estate sales. Jeannette provides insights into the process of auctioning properties, including the role of auction houses, setting reserves, advertising, and the bidding process. They also touch on the types of buyers, financing options, and the potential for getting a good deal at auctions. Tune in for insights on a new way to buy and sell!
In this episode:
Key Takeaways:
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