Going Once; Going Twice

Residential real estate auctions have not traditionally attracted much attention outside of investors or handymen looking for a good deal on a fixer-upper. But in the past few years, with the heated residential real estate market fueling record-breaking sales annually, auctioneers have seen an increasing number of bidders tossing their offers into the mix. Those bidders are not just investors. More regular people now are looking to purchase a home. The quality and quantity of homes on the block have also increased as more sellers look into a quicker sale often for more money than they would have received going the traditional route.

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