Maybe you’ve day-traded rather than pay a stock broker, bought a car through the Internet and skipped the dealership, paid bills online and avoided the line at the post office, self-published to speed distribution, or downloaded movies on your laptop and skipped the cable guy. You don’t rely on experts and middlemen the way you did a decade ago, and neither do most people.
All kinds of properties are up for auction. We’re listing condos in Hawaii, a "McMansion" in Virginia, nine-and-a-half miles of coastline in Baja, Calif., a five-star resort in New England, a penthouse in Milwaukee, a villa in Italy, and family homes in neighborhoods all across America. These sellers don’t think of auction as a distress selling method but as the express selling method.
People want to enjoy their real estate and not be held hostage by it. Buying on the day you’re ready, and selling on the day you select, makes sense for a growing number of sellers.
– Pam McKissick is chief executive officer of Williams,Williams & McKissick, and its premier real estate auction firm Williams & Williams based in Tulsa, Okla. Her latest book is "Auction Your Home? Absolutely!"