Quote:
Originally Posted by Chimi
Has anyone ever used an auction format to sell their property on the lake? We have an island house on Cow Island that we are considering selling because my kids live out of state and have no interest in taking over the place. We are older now and have more difficulty with the upkeep, so we think it's time to consider selling.
I know we can list with a real estate agent, but I want to explore the auction format as a comparison to listing. Of course we want to get the most money we can for the property no matter which way we decide to go.
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Go with an agent. I don't think an auction is the answer. Real estate auctions tend to bring out the bottom feeders, not the buyers looking to spend money on a family getaway. The market was great last season and inventory is low.