08-31-2013, 06:51 AM
when it comes to a new home and since one of the homes in each swap is likely to be more valuable, someone will have to pay the difference. Auction: Auctions are an extremely effective way of selling your home as the buying community knows that you are committed to selling your home immediately. Auctions are no longer simply for the bankrupt and desperate but an increasingly popular way of selling a home. One of the biggest advantages of selling a home on auction is that it is more difficult for the buying public to compare other properties or ascertain your expectations; this means that you could get a much higher price than initially expected. If you do not sell your home on auction day, the auction will most likely put you in touch with the most serious buyer. On the other hand, bidding can be a fickle process and you may get a lot less than your home is worth. Additionally, potential buyers who do not enjoy the nature of an auction may not even bid regardless of whether or not they are interested.