Why More Sellers — and REALTORS® — Are Turning to Real Estate Auctions
By Jay Cash, THE Auctioneer & Real Estate Broker
(James R. Cash II Auctions & Real Estate )
For many people, the word “auction” still brings to mind distressed properties, courthouse steps, or liquidation sales. But according to Jay Cash, today’s real estate auction industry looks very different.In a recent conversation on the Real Tea Podcast with host Angela Shields, Jay broke down how modern auctions work, why they’re becoming increasingly attractive to sellers, and how REALTORS® can use auctions as another tool to better serve clients.Auctions Are About Strategy — Not DistressOne of the biggest misconceptions Jay addressed is the idea that auctions are only for foreclosures or distressed properties.In reality, auctions are simply a method of marketing and selling real estate. Everything from residential homes and commercial buildings to farmland and luxury estates can be s...
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