February 2021 - Carolina Auction & Realty

How Fast Can a Home Sell at Auction?

A lot of the issues included with putting a home on the market are eliminated, and companies that specialize in home auctions can do most of the work. There are also a few benefits to selling a home in this manner that aren’t Those who do not want to sell a home...

How Long Does a Real Estate Auction Last?

When it comes to real estate auctions, there are many factors that determine how long an auction will last. These variables include the number of bidders and how competitive they are, the number of lots to be auctioned, as well as the overall auction process and terms...

What is the “Winner’s Curse” and How to Avoid it

Have you ever attended an auction, placed a winning bid, and then felt those happy “winner” feelings fade to the sinking suspicion you may have paid more than the item was worth? If so, you have experienced the notoriously odd phenomenon called the...

Benefits of Online Auctions During the Pandemic

Property buyers explore their options when they need a new home. However, with the recent pandemic, it has become difficult for real estate agents to present homes to potential buyers. Online auctions could present the buyers with a safer choice for purchasing a...