to expire. If I hadn't gotten the client to go to auction I would
have lost it and it might still be on the market."
Paula Walton
Don Taylor
Don't let your exclusive listings sit on the market and eventually expire. Offer your sellers the opportunity to auction their home. You bring them a likely sale date, and you save the listing from expiration and losing your income after weeks of hard work.
Move A Listing Before It Expires !
Work A FSBO Without The Listing !
After you arrange for a listed seller or FSBO to go to auction, you then have the option to help increase your own earnings. While you are not required to find qualified potential buyers to go to bidding, we encourage you to pursue this avenue. As the referring "seller" agent, you receive a percentage of the buyer premium upon completion of the sale. Meanwhile, if you are the one who brings the "winning" buyer to the auction, you would also be compensated from the buyers premium! In many instances, this would literally double your referral fee.
You can also work with buyers agents, as well as bringing qualified buyers and investors from your client list to these auctions. Ideally, you would want to have "your" qualified buyers bidding against each other. You can find another property for the "non-winning" bidder after they drive up the amount of your referral fees!
PROFIT FROM FSBO's WITHOUT A LISTING !
HELP A QUALIFIED BUYER & HELP YOURSELF !
ENHANCE YOUR LISTING PRESENTATIONS !
Take advantage of this unique opportunity to work with a FSBO without the extra hassle! Wouldn't it be nice to contact a FSBO to tell them that you are not looking for a commission from them? You then go on to explain to them how you can help them with a specific sale date for their home, to attract qualified bidders, and how they do not have to pay any commission. As the agent bringing their home to auction, you are paid from the buyer's premium. Therefore, you do not get the "listing" and save the hassle of dealing with the demands of a FSBO. But you do get paid upon their acceptance of the highest bidder at the date and time of the sale!
Obviously, there are no guarantees with listings, especially with the challenges of today's market. Once you get your first referral fee from an auction, and it doesn't matter if it was your listing or a FSBO, you also gain more ammunition for your next listing presentations. You could demonstrate to your potential new client that you have a secret weapon if there isn't enough activity on the listing within the first few weeks. And then you sit back while the next agent they invite doesn't say a word about this! Who do you think will get the listing?
We're Looking For Real Estate Offices
To Act As Auction Branches ! Openings
NOW In Several States - Click For Info....
Some agents consider this more important than the amount of their referral fees. Having an auction scheduled at a specific date and time means that the qualified and interested potential buyers will be in the same room at the same time and one of them has to pull the trigger or face losing out.
Chances are you have been through the mill enough times with the "We'll get back to you by Wednesday" routine followed by a reduced offer on Friday. Then the seller has to "think it over" and does a counter offer the following Tuesday. Then the potential buyer....... Well, you know. This goes on for two weeks and then something comes along that blows the whole deal. Two weeks you could have spent working with another seller and buyers instead.
Wouldn't it be nice to know that potential buyers have to decide once and for all before Noon on the 15th? And if all goes well and a bid is accepted by your seller, you don't even have to deal with the paperwork and a closing. All you have to do is go to the mailbox to get your referral fee(s)!
![[ 1 ]](agentp01.gif)
![[ 2 ]](agentp02.gif)