Auction.com in the news

AUCTION.COM IN THE NEWS

Auction.com In the News

Does Proactive Price Adjusting Help Increase Sales?

A new case study in our 2023 Distressed Market Outlook reveals how lenders who priced proactively in response to a slowing housing market in late 2022 got an immediate lift at foreclosure auction.  

“Proactive pricing that pays attention to market trends is key to minimizing disposition losses, particularly in a downshifting market,” said Daren Blomquist, Auction.com VP of Market Economics. 

Watch the latest episode of Disposition Download to learn how much lenders who priced proactively gained in sales rate compared to those who maintained status quo pricing.