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ODA 9 – Why RE Agents Like Open Auctions

ODA 9 - Why RE Agents Like Open 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 she’s honest with herself, should prefer our method also. Think of the deal from her point of view. Of course she wants to sell your house and earn a commission, but...

ODA 8 – Multiple Bids

ODA 8 - Multiple Bids
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We’ve spoken at some length about the inherent inefficiency in the old- fashioned real estate industry, even going so far as to call it dysfunctional (which is not too far a stretch, in our humble opinion). Once your house is listed, it might go weeks, even months, between receiving a serious buying offer and, as much as your agent might try to pretend otherwise, it’s a rare occasion to have two buyers in a bidding war for the property. Sure it happens – usually about as often as Halley’s Comet swings past our planet for another visit. While you may have visions of multiple bids dancing...

Welcome to Open Door Auctions!

Welcome to Open Door Auctions!
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Welcome to Open Door Auctions where our innovative system brings the whole market to your door in just two weeks.

Our innovative methodology differs from traditional real estate companies and benefits you in several ways:

Very short listing agreements – usually just two weeks!  The real estate industry has is dysfunctional.  Both the clients and the agents are getting a bad deal.  Why should you sign a listing agreement for...

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...