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Rents Are Increasing – Time For Property Investors To Buy

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Open Door Auctions is all about sellers, right? True, except that it’s about property investors too. The reasons that an individual looking to sell a house might choose our services is a lengthy one but what is sometimes overlooked in the process is that it’s a pretty darn good deal from the other side of the fence as well. We don’t have to recount the myriad of reasons property investors despise the traditional real estate industry. If you’re a property investor, you already know what we’re talking about.

The interesting part about buying as much property as you can now is that Open Door Auctions founder, Jason Hartman, has been preaching for years about how we are presently living in historic times, from a real estate perspective. Never have houses been so widely available (thanks to the Foreclosure Generation), with so little down payment required,...

Why Your Real Estate Agent Likes Open Door Auctions
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The old-fashioned real estate industry is genetically flawed. It pits agent against seller in a paranoid alliance guaranteed to make both sides feel like they got a raw deal. Is this any way to run a business? At Open Door Auctions, we think not. We’ve dedicated a fair amount of recent energy to educating sellers on the benefits of our two week sales process. The funny part is that your real estate agent, if he’s honest with himself, should prefer our method also.

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Think of the deal from his point of view. Of course he wants to sell your house and earn a commission but the truth is that he has no idea how long it might take to find a buyer, if ever. Even the most jaded seller should...

3 Types of Auctions to Sell Your Property
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At Open Door Auctions, as the name implies, we use the auction format to sell your property at the best market price and it happens in only two weeks. Even so, we realize that the auction process isn’t a one-size-fits-all prospect. Depending on your specific needs, we offer three types of innovative auction approaches and will help you determine which is the best fit.

Open Door Auction
This auction format is so popular we named our business after it. An Open Door Auction is intended to attract the highest number of bidders. The two-week sales process starts when we list your house in the MLS and kick our other promotional methods into high gear. Every day, the MLS price listing drops in order to attract new bids. The goal with an Open Door Auction format is to arrive at true market price in the shortest period of time. At the end of the two weeks, you...

We Hate Phone Calls At all Hours And So Should You
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Read no further if your favorite part of selling your house is the probability that you will be receiving phone calls from your real estate agent and random strangers during dinnertime. While you’re brushing your teeth, in the middle of your favorite television show, and as you lay yourself down to sleep. Even better, these phone calls might be telling you that your agent is five minutes away with a a couple who can’t wait to invade your privacy.

Privacy? The very concept is something of a joke when it comes to the unfortunate position of signing a long term contract with a real estate agent. Sorry, Bubba, that’s how the industry works. So you sigh, sign it, and get ready for the onslaught. Except it probably won’t really be an onslaught but rather a trickle of infrequent calls that occur at the absolute worst possible time.

We’d like to suggest...

Seller, Be Suspicious of Long Contracts
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Frankly, we’ve always been a little suspicious of anyone who seeks to tie up another through the use of long contracts. Things change and what might have been a good idea at the beginning can morph into a completely different environment six months later. There’s no polite way to say this. The one-sided, long contract your traditional real estate agent is going to ask you to sign is a bad idea. As a matter of practice, you’ll find it skewed decidedly in his favor but, until now, unless you wanted to go the ‘for sale by owner’ route, you had no choice but to sign it and hope for the best.

In case you aren’t aware, most agents solicit you to sign what is called a listing agreement, which gives him complete right to control the listing, marketing, and promotion of your house for a set period of time that usually runs anywhere from six months to one...