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HOW WAS AUCTION SELLS FAST
Lot 133, Walden S/D, 7820 Walden Road,
Auctioned By Robert Burns: May 2001
Simple. Company founder, Robert
Burns, tried it himself, and saw FIRST-HAND how
superior it is to traditional sales methods!
February, 2001: Listed home.
Owed nothing but hate being "in limbo" and wanted
A stock investor can log on an online broker's
and, in seconds, liquidate an investment, but real estate simply doesn't work that way,
"sit on your hands and wait" traditional
sales methods were EXTREMELY frustrating for
Mr. Burns. He wanted a MUCH more proactive approach!
Despite numerous "showings," (too darn
many for him!),
disheartened and perturbed by continuing interruptions (to say nothing of those
who scheduled but
didn't show or bother to cancel). He was also disillusioned
by prospective buyers' unique tastes for wood floors, color schemes, etc.
Early April, 2001: Noticed auction ad for four Baton Rouge
area properties. Investigated, attended, and signed up.
FIRM, UNCONDITIONAL offer: 6/27/01 @ 6:00 p.m.,
FORFEITED if winning bidder failed to
close in 30 days.
There would be
NO private showings
(inspections facilitated by SINGLE open house), and
4. Sale was
"As Is, Where Is,"
(no wood floors, existing color scheme).
The result? $236,500, or 91% of list price,
no contingencies, all cash, 30-day close.
He joined the auction company and, in September of
2003, formed his own real estate auction company, followed by
own real estate brokerage firm in July of 2004. Mr. Burns
has remained firmly convinced, just as all of us at Auction
Sells Fast do, that,
when a seller is
SERIOUS about selling, auction is THE way to go.