It has become commonplace to see blind bidding wars in real estate when the market is hot (and sometimes when it isn’t). The concept of open real estate auctions is quite popular in countries around the world, but is only starting to show up in listings in Canada. As the owners of the brokerage that brought the concept to residential resale in Ontario, Daniel and Katie discuss how they built the auction approach, why it is a useful alternative for buyers and sellers, and how the whole process works.
Real Estate Auctions (Podcast)
Posted on July 30th, 2020