When you ’ re thinking about selling your home , land or farm , isn ’ t your goal to get the highest price possible ? Most of us would answer “ yes ” to that question . Real estate is one of the biggest investments you make in your lifetime and , when the time is right , you want a good return on that investment .
Right now , it ’ s a seller ’ s market . But what does that mean ? It means homes often sell quickly and with multiple offers .
It also means is that – with a housing market this strong – a seller needs to seriously consider auctioning their property .
The real estate market remained healthy during the first quarter of 2021 , thanks in part to low inventory and increased housing demand . According to Ohio REALTORS ®, home sales in March 2021 increased 3.1 % compared to the same month last year . Additionally , the average sales price across Ohio increased to $ 220,603 in March 2021 – up from $ 199,374 in March 2020 .
Strong demand naturally leads to competition , which is an ideal scenario for auctions . Auctions use accelerated marketing and a public , transparent process to drive competitive bidding on real estate . As auctioneers and advisors , we bring buyers to sellers on a specific day where we establish the highest sale price through competitive bidding .
And although it ’ s a common myth that auctions are a “ last resort ” for sellers , nothing could be further from the truth .
As industry-leading real estate experts for more than 75 years , KIKO asks sellers every day why they chose to auction their home , land or personal property . Their number one response is that they want to take advantage of an auction ’ s exclusive benefits , which includes setting the terms of the sale . With an auction , you as the seller can set the date and time of the sale ; you can
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determine how the property sells – as is , where is for example – and , if it fits your goals , you can decide to sell your home and contents the same day for quick , effective results .
Take a look at some of our recent results , then give us a call to explore your options . As a 4th generation business , we have 60 licensed Auctioneers & Realtors as well as professional advertising , marketing , closing and technology departments to make your auction a success .
Sell home and contents together . Auctions give sellers options ! If you ’ re downsizing to a smaller home or selling your parents ’ estate , auctions allow you to sell your home and contents on the same day .
Another option our sellers choose is to sell their personal property – furniture , artwork , tools , antiques – in an online only auction , then sell the real estate live on-site . Auctions provide the flexibility and control to sell your assets whichever way best meets your goals .
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