One of my sellers is being "offered" Auction.com with Bank of America. Can anyone provide input with their experiences?
Here is their sales video Auction.Com Sales Presentation
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I see the Bank of America bulletin stating sellers will be contacted to be in this Auction.com program and the agent shall be "required" to hold two open houses. Open houses are of limited use and not an effective use of time to sell a property. Open houses are typically for agents who are looking for buyers who don't yet have an agent. Open houses are not part of my marketing plan, and will not be. I won't take 2 or 3 inefficient hours sitting at an open house.
Thom - I agree with your point! I've added a new Auction.com discussion about this on the Bank of America group.
Is this through DTS?
I had this happen too. Also was told that buyer would qualify for an incentive of $7000 more if they went with Auction.com
Couldn't find out any information yet as to who is actually paying for this extra incentive.
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