Auction.com’s Market Validation Program (MVP) leverages the power of the Auction.com platform and its more than 6 million registered users to validate — and usually beat — offers received in the traditional pre-foreclosure sale market.
Buyer Karen Tyler, owner/broker at Prodigy Realty, Virginia Beach, Virginia, recently made an MVP purchase that illustrates how MVP is outperforming the MLS.
“Short sales and other pre-foreclosure sales offered through MVP are getting higher offers than the traditional market more than half the time,” said Auction.com VP of Market Economics Daren Blomquist. “The winning MVP offers are an average of $36,000 higher — or 19 percent higher — than the highest offers received on the Multiple Listing Service.”
Karen discusses her MVP experience in the latest episode of Disposition Download.
Visit Auction.com/MVP for more information.