“Nationally, this system has resulted in an astounding 75% success rate for Sellers in just 48 hours”.
Washington, DC (PRWEB) April 14, 2011
A local real estate agent / residential re-developer's innovative way to sell homes looks like a success on the first try. Fola Adunola a Realtor with Home Source Real Estate Solutions and owner of Albion Gate LLC a residential redevelopment company that buys dilapidated homes and Bank owned properties in need of rehabbing across the Washington DC area, is using a real estate tool making rounds across the country called Round Robin bidding which gives potential buyers the opportunity to bid on homes starting at 52% of market value. The goal is to sell a house in one weekend.
This Saturday and Sunday potential buyers can bid on a four bedroom newly renovated home located in Northeast, Washington DC (Brookland) at a starting minimum bid of 52 percent of the market value. That is $207,998 on a $400,000 house.
The concept is that bidders will go through the house in a single weekend and write down a bid. At the end of the showing the Realtor tallies the bids and starts calling each bidder, sharing the highest bid and asking if the bidder would like to raise their offer.
“Nationally, this system has resulted in an astounding 75% success rate for Sellers in just 48 hours”. Real Estate Agent Fola Adunola explains “that as many as 60 to 80 potential bidders can be expected to attend the viewing of the home”. Ms. Adunola says that this 48 hour process surely beats having the homeowner keep the home clean and “show ready” for six months, not to mention having their lifestyle interrupted without any guarantee of success-which is the traditional method. Our clients are guaranteed at least 5 bids in 48 hours.” For more information be sure to visit the website at http://www.UrgentDCHomesale.com or call the Broker at 202-573-7111.