Auction.com in the news

AUCTION.COM IN THE NEWS

Auction.com In the News

Why Does MVP Outperform Traditional Short Sale?

Auction.com’s Market Validation Program (MVP) validates — and usually beats — offers received in the traditional market. One reason is because of Auction.com’s expanded and engaged buyer base. 

“MVP exposes pre-foreclosure properties to more than 6 million buyers using Auction.com,” said Daren Blomquist, Auction.com VP of Market Economics. “Only 12 percent of these buyers are using the MLS as their primary source for finding deals, according to a 2020 survey. By comparison, foreclosure auctions or online REO auctions are the primary deal source for 78 percent of these buyers. 

To learn the three reasons MVP outperforms traditional short sales 60 percent of the time, watch the latest episode of Disposition Download. 

Visit Auction.com/MVP for more information.