Tom Wood's (reiauctions) Blog

I just found this very interesting article today on CNN Money.com NEW YORK (CNNMoney.com) -- As more and more people get frustrated with the sluggish housing market, people who want to sell their homes are looking at a different tactic...auctioning off their home. We'll tell you what you need to ...

In most areas of the country, it's a great time to be a real estate investor looking for property to buy.  Investors have plenty of wholesale deals, rental properties and land deals to choose from.  Sellers and real estate agents are struggling to get their properties noticed.  It's not surprisin...

As the media continues to bombard us with all the news of the increasing foreclosures, it seems to me that there is an opportunity for Realtors to help. In cases where there is little or no equity, lenders have realized they would be much better off discounting the amount owed instead of taking t...

"Do online real estate auctions really work?" is a common question from sellers who are new to using online auctions to market a property.  The answer:  Yes, they do work!  If they didn't work, we would be seeing a decline in online real estate auctions and instead we are seeing an increase.  Pri...

I get this question a lot.  The best way to think about an online auction is as a different marketing strategy.  Do they work in attracting interest?  Yes!  Will they help you find a buyer?  Sometimes.  Will they help a property stand out?  Yes!  Is it as easy as posting it on an auction site?  N...

Before the Internet, real estate agents controlled real estate listings.  The only way a buyer could find homes for sale was by relying on an agent, looking through the local newspapers or by driving around neighborhoods.   All of these methods took time and considerable effort.The Internet has c...

The real estate market is changing and the Internet is making real estate auctions an effective strategy for buying and selling.  To pick up a FREE Report on "6-Ways to Benefit from Auctions" visit REI Auctions Info

The Market has changed - time for a new approach!The key to selling any property is to get it noticed.  With a market full of properties, that becomes a bigger challange.  I beleive the answer is a new marketing strategy.We've been using online auctions successfully to make a property stand out a...