REO and BPO IN MARYLAND, TOP REALTOR AND AUCTIONEER

REO Disposition, Using Robert B. McArtor and Advantage Real Estate Auctions

In the past few years, lenders and investors in Maryland have faced
increases in REO Disposition and distressed properties that
are headed for foreclosure.

How do you handle a foreclosed property? Traditional list pricing has been the
more standard approach. The problem with this is that sometimes the distressed property is on the market for an indefinite period of time. Another method is to repair the property and introduce it back to the marketplace as a Rehabbed Property. The problem with this approach is that not only is this a costly move with a distressed property, but it may bring the price up for the buyer substantially.

Another method of dealing with such properties is bringing it to auction. Robert B. McArtor, The Managing Member and Founder of Advantage Real Estate Auction Sales, LLC. , Has noted that real estate auctioning has been an increasingly popular and practical method for selling off REO properties. “Serving the Legal and Banking Community has always been a strong point with my company”, Mr. McArtor stated in a recent interview.

"Real estate auction has grown tremendously in the United States for the past several years. It's capturing more market share and being more readily accepted," said Mr. McArtor. “A foreclosed property deteriorates in value the longer it is left un-attended, it needs to be sold sooner rather than later. The advantage he pointed out with auctioning is that the average listing-to-sale time is 30 days, whereas traditional list-pricing can average from immediately (indicating that the property was under priced) to a year or longer (indicating that the property was overpriced).

"With the auction method, the buyer dictates the price," said Mr. McArtor, something
that is not the case with a traditional listed price. “Using Advantage Real Estate Auction Sales will be a major tool for dealing with REO Disposition….this is going to be huge……now and in the future," said Mr. McArtor.

Auctioning is one of many ways the industry is trying to create more liquidity in the real estate industry.

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Robert B. McArtor, REALTOR and Auctioneer with Long and Foster Real Estate, Inc. is there to help you find your next home. Call me today 410-879-0622 or visit our Website at Maryland HOMES Team!

If you are looking for an experience REALTOR, Real Estate Agent or Auctioneer serving the Baltimore, Harford County, Baltimore City and Cecil County Area, your search has ended.
Whether you are Relocating to Maryland, Buying a Home, Selling a Home or considering the Auction Method of Marketing your property. Robert McArtor, REALTOR with Long and Foster Real Estate, Inc. and noted Licensed Auctioneer is here to serve you. Have your questions answered immediately by calling him direct. As a gift to you, please visit my REALTOR website and recieve FREE Reports on Buying and Selling a Home in Maryland.

FREE Quick Over-The-Net Home Evaluation for Homes in Maryland, Harford County, Baltimore County, City, and Cecil County Knowing what your home is worth is important information to have if you are thinking of selling your home. Using the information you submit to us, we will conduct a thorough comparative market analysis by searching the database of all homes listed or sold in your area. Even if you are looking for auctions in Maryland. We will be able to determine what your home might sell for if you decided to put it on the market. There is no cost or obligation for this valuable service.

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We are confidant that our VIP site will empower you with the knowledge to make the most educated and profitable home buying and selling decisions using Long and Foster Real Estate, Inc.

HOME MARKET WATCH NEWSLETTER. Each month, we publish a series of articles of interest to homeowners looking to Auction, Buy or Sell their Home Traditionally in the Maryland, Baltimore, Harford, Cecil County areas. -- money-saving tips, household safety checklists, home improvement advice, real estate insider secrets, etc. Whether you currently are in the market for a new home, or not, we hope that this information is of value to you. Please feel free to pass these articles on to your family and friends.