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How Will the Auction Industry Change in 2021?

Like virtually every business, live auctions have changed dramatically since the onset of COVID-19. In most areas, restrictions forced the cancellation of live auctions. Even in areas where live auctions were allowed to continue, the number of people attending those...

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Understanding Online Auctions and Dynamic Endings

There are probably few things that are more exciting than an online auction. The highs, the lows, and wins and losses. There are few things like them. Many people don’t know that some points are unique to online auctions that can be troublesome until more experience...

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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...

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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...

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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 "winner's curse."...

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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...

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6 Reasons for an Appraisal

Most people are aware that property appraisals are generally required during real estate transactions, but it’s important to understand that there are several types of appraisals used to determine the value of different types of properties in the Raleigh area. That’s...

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Carolina Auction & Realty Proudly Serving the Raleigh Area

Buying or selling property in Raleigh, NC is a complicated process, especially when a person does it on their own. Even if they are just trying to find the market value of some possessions, getting the most accurate and up-to-date information can be a time-consuming...

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Estate Auctions: What Are They And How Do They Work?

When a loved one dies, it is a challenging and emotional time. There are funeral arrangements to make and family to notify on top of going through the grieving process. Often, the deceased friend or family member leaves behind a large number of belongings and personal...

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Five Benefits of Getting Your Next Home from an Auction

The majority of homes are purchased through an agent. Buying a house this way is highly competitive and the seller usually gets the better deal. However, by taking advantage of the home auction process, you can take control over pricing and only pay what a home is...

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“North Carolina Auctioneer, Real Estate Broker & Certified Appraiser”