Why should real estate agents participate in auctions?
Auctions have become increasingly popular with real estate agents that see the benefits of this type of process. They have become aware of how auctions help their industry by providing time and cost benefits for both buyer and agent. Auctions allow agents to participate in auction with different roles as they can act as agent, referrer or buyers. Agents should contact the particular auction for details regarding terms and conditions relating to commissions, sales and contracts. An auction can be a meeting place for interested buyers, resources and can provide activity in the particular real estate market area.