The Internet has introduced a number of interesting and lucrative opportunities for the real estate industry. One option that’s often overlooked by homeowners wanting to sell is an online auction. Our team of experts at Greenways Real Estate & Auction, Inc. advise that this is one of the best ways to sell a property. We’ve conducted over 2000 auctions in the past 60 years and want to explain a few of the key advantages an online auction offers.

3 Benefits of an Online Real Estate Auction

1. Quick Sales

Having a home linger on the real estate market can be both frustrating and expensive. If you’ve already moved, real estate agent costs, property upkeep, and marketing add up quickly. With an online auction, you won’t have to worry about market downtime, as the home is brought directly to people who are ready to buy. This eliminates any complications so you can move on with your profits.

2. Larger Buyer Pool

Placing your home on an online auction puts it directly in front of multiple buyers at once, increasing the chances of a bidding war. Having a larger buyer pool means there’s plenty of opportunities for the price to go up, and since it’s a one-time in-the-moment deal, you’re maximizing your chances of receiving a higher offer.

3. Convenience

Selling a home can be complicated, and if you’re in a hurry to move or busy, convenience is invaluable. With an online auction, the real estate auction company handles all of the planning and legwork. They’ll work closely with you to ensure the process goes smoothly.

If you’re interested in taking part in an online auction, turn to our team at Greenways Real Estate & Auction, Inc. With offices in Covington and White Sulphur Springs, we’re proud to provide services throughout Virginia and West Virginia. Call (540) 962-1155 today to speak with our staff and visit our website and Facebook page to browse upcoming auctions. Make sure to also download our custom app through the App Store or Google Play Store.