As the year comes to an end, there appears to be a lot to look forward to in the new year of real estate. Builders and developers are contacting us, eager to move their inventory, recognizing that the future of a healthy market depends on finding buyers to fill their homes. Auctions, once a selling tool that, to many, connoted distress, are now openly recognized as a smart, successful means of accelerating sales.
Online auctions are an even better means for selling than live auctions, bypassing the limitations of traditional outcry events. Whereas an outcry auction takes place on one day, and in a crowded ballroom or convention center, online auctions take place in a virtual marketplace, allowing buyers time to deliberate and to bid, as well as the flexibility to move bids to other properties if the one originally desired moves out of their budget. Using the Internet as a convenient, far-reaching medium, LFC’s team of professionals has successfully marketed homes both nationally and internationally on the Freedom Realty Exchange website, producing impressive results even in the worst of times and freeing builders and developers to move on to future projects.
We have many campaigns in the works and anticipate many more as builders and developers hurry to free themselves of the burden of static inventory. Stay tuned for many more updates, as we move into 2009 with many new homes available for purchase!
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