In a slow market, sellers of Miami real estate properties can turn to auctions. Although this doesn’t guarantee a successful sale, it gives them an alternative to waiting for them homes to get unlisted from the market listings. And the first part of entering an auction is to find the right auctioneer. If you are interested in this type of home sale, here are ways to find the right auctioneer for your property.
The most important issue to always consider when finding an auctioneer for your Miami real estate property is specialization. If you want to sell your house, you have to make sure that the auctioneer also specializes in selling a house. Also, you must make sure that the auctioneer handles specific niche markets. For instance, if your home is a luxury estate, be sure to find someone who handles such a property. The same goes if your property is an average suburban home or a condo.
An auctioneer that specializes in properties like your Miami real estate will likely attract more buyers interested in buying a property similar to yours. Furthermore, someone who also knows the ins and outs of the local market will be invaluable. Instead of hiring an auctioneer from a national company, consider looking at the local agencies first. If you don’t find someone suitable for your property, national companies will also be useful because most, if not all, have a collection of potential buyers they can reach out to for the properties they auction off.
In addition, always opt for a list of candidates instead of limiting yourself to just a couple of choices. The more you consider, the easier it is to pinpoint the right person for the job.
There are also plenty of questions you might want to ask the auctioneer. It will be best to create a list of the questions you would want to ask beforehand and remember to bring it along with you during consultations.
Some of the questions must be useful for your Miami real estate property. For instance, you might want to ask about the number of houses the auctioneer have sold, and the marketing plan used to sell the home. You can easily gauge the experience of your auctioneer through these two qualifications. Also, remember to ask for credentials. License and auction training are important. Lastly, talking to their former customers will help you seal the deal.