Auction theory that enables sellers to raise higher revenues and facilitates sales to the most appropriate buyer was the basis for the 2020 Nobel Prize in economics.
“Those objectives are in the DNA of Auction.com,” said Auction.com VP of Market Economics Daren Blomquist. “So, I’m going to share some of our marketplace data and insights from our in-house auction experts that can help sellers realize more revenue and find the best buyer for each asset.”
For example, REO properties where reserve was met received more than four times the average bids per asset than did properties where reserve was never met.
Learn how Auction.com is facilitating success by watching the latest episode of Disposition Download.