Online Real Estate Auctions - Advice and Information From RealtyBid.com
Quality news and information about national and local real estate auctions, sponsored and authored by RealtyBid.com and edited by RISMedia.Online Home Auctions Perfect Fit For Buyer’s Market
My business partner and co-founder of RealtyBid.com, Mike Keracher, was one of several featured speakers at a gathering of potential real estate investors this past weekend. Unfortunately, the crowd at the investing conference was far smaller than Mike expected.
After the conference was over, Mike talked with the conference organizer. He had truly enjoyed hearing Mike’s insights about the current state of the real estate industry and the unbelievable opportunities RealtyBid.com’s online real estate auctions can provide for real estate investors and traditional home buyers.
But, the conference organizer, like Mike, was disappointed with the attendance at this annual conference. He said that over the past few years, attendance had been great because the real estate market had been so strong. But, now that the market has slowed and real estate prices are dropping, he says he had a hard time getting investors interested.
It struck both Mike and me as ironic that at a time when we are fully entrenched in a buyer’s market the likes of which we haven’t seen in years, potential buyers—even those that have experience in the market—don’t understand the unlimited buying opportunities available to them.
Part of what we at RealtyBid.com work to communicate is this—that it’s a wonderful time to buy, and it’s a great time for buyer agents. This is especially true for those who “get” the investment potential of online home auctions on RealtyBid.com. It’s exciting for us to see our inventory and sales grow each month. But, we are even more excited because we realize more and more buyers are “discovering” RealtyBid.com and realizing that online home auctions are a “perfect fit” the current buyer’s market.
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About Local Author
Tony Isbell is the president and CEO of online real estate auctions company RealtyBid.com. He has been involved with the real estate auction business on a national basis for more than 16 years. He has worked in various capacities in the auction business throughout his career, including in national positions such as managing director of government operations and national sales director for one of the country's largest national auction firms.
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