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There is a book floating around detailing a method of selling your house in 5 days using a bidding process.
Basically you advertise your house at a ridiculously low price and then have a bidding process to sell the place. The author says you can usually get at least as much, and usually more for your house using his method.
I need to know if anyone has used this method and their comments about the process.
Also, is it legal to sell like this in California??
Re: sell your house in 5 days… - Posted by Mark McAleer
Posted by Mark McAleer on November 18, 2004 at 20:33:14:
What you don’t know can hurt you, only you won’t know it.
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I have not read that book, but as a Realtor in a hot market we do it all the time. Here is a recent example: 3 Family House in a prime location, put the property in MLS @ 649K with no showings until the 1st open house (5 days later), offers to be presented 2 days after open house. We had 50 or 60 parties at the open house. On Tuesday we presented 22 offers. The seller ended up taking a cash offer at 750K 30 day close. Worked very well on that occaision. I’ve also seen it backfire too. Some buyers get scared away by a multiple bid situation. Their is nothing illegal about this.
Re: sell your house in 5 days… - Posted by Lizzie Thayer
Posted by Lizzie Thayer on November 18, 2004 at 19:08:45:
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only one that can be mass produced with unskilled labor.
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Satan did it
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If you need to sell fast, Comfort Homes buys houses in Evansville as-is for cash with no fees or repairs. We are a local company and have been serving the community since 1977.