Tom Wood's (reiauctions) Blog

If you've ever attended a well run "live" auction, you've seen the competition and bidding frenzy it can create. Creating a bidding frenzy is a powerful and exciting way to sell real estate in a "live" setting, but doing it online is easier. How do you create an online bidding frenzy? Here are s...

Kevin and I had the privilege of attending our first National Auctioneers Association (NAA) Conference and Trade show in Kansas City last week (July 15-18th). As an exhibitor, we enjoyed meeting and talking with several auctioneers from around the country as well as attend a couple of the sessio...

  You're invited! Our next webinar on using online auctions to sell faster and attract more buyers will be held this Thursday (7/23) at 1 pm CST. Come see how you can use this growing sales strategy in your market. Real Estate Online Auction Webinar  

  As the number of real estate auctions continue to grow, it's clear that they are no longer just for distressed and run down homes. Auctions for luxury homes are becoming more common and I'm seeing even more done with online bidding. The Internet is a priceless tool for getting attention and ac...

Real estate auctions are becoming mainstream in many parts of the country because many sellers can't afford to wait for an offer and need a more proactive approach. In addition, many banks are taking their listings that have been sitting with an agent for over 100 days and giving them to large au...

Webinar - Thursday June 4th at 1 pm CST (2pm EST, 11 am PST) Join us this Thursday to see how Realtors are using online auctions to get multiple buyers competing for their listings.  See why online auctions attract more buyers than any other method and how easy it is for you to leverage this new...

Recently, one of our new customers ran her first online auction to sell one of her properties. It was another good example of how creating urgency and competition, gets buyers to take action. Being new to the process, she was very diligent in reading all of our training materials and strategies,...

Over the past 4 years, I've been focused on using Online Auctions to market and sell real estate. There is a huge opportunity right now to take advantage of all the buyers looking for deals in today's market. When you sell using an online auction you draw more buyers than any other method. Buyer...

  Technology continues to provide better tools and strategies for selling real estate. It only makes sense that real estate agents who stay on the "leading edge" will have an advantage over those who don't. Using online real estate auctions is one strategy that can give an agent the "edge" and w...

After 14 years of working in the computer industry, I got involved in real estate. I was drawn to the concept of online real estate auctions and I've spent the last 4 years using them. Here are some more answers to common questions about them. Q) How do auctions give you 3 opportunites to sell? A...