Sell Your Home in 5 Days - The Home Auction Round Robin Bidding System Revealed

The sell your home in 5 days method was started byway - You can pick the exact date of your sale - You
Bill Effros sometime in the late 80s, I believe. He is thecan do it yourself, no agent, no auctioneer When you
author of How To Sell Your Home in 5 Days. Sinceare trying to sell a home, what you are really trying to
then there have been all kinds of selling systems thatdo is find the buyer who is willing to pay the most
are basically different versions of what Mr. Efros talksmoney, right? There are always a substantial number
about in his book. After reviewing the book, while veryof potential buyers willing to pay less, and they are
good, it has a lack of creative marketing strategies tomuch easier to find. But the one you are looking for is
get more people to your open house.the one who is willing to pay the most.
Bills book covers nearly everything. The major twoIn the United States, most people think they can find
things he leaves out that will help you sell a house fastthe buyer willing to pay the most by offering their
using this strategy are staging techniques for yourhome for more than anyone will pay, and simply wait
exact buyer and creative marketing techniques thatfor that buyer to come along. This strategy doesn't
don't cost you a penny. I have reviewed over 6work. Using the traditional method, most sellers will
websites that cover how to sell your home in 5 days.eventually reduce their price, never knowing there
If you would like more information on the site Iwere buyers who were willing to pay what the seller
recommend please go to the bottom of this article.was hoping to get.
Here's An Overview of How the Sell Your Home in 5The traditional home selling method is extremely
Days Method works.inefficient. What makes the Sell Your Home in 5 days
Day 1 - Wednesday - Run an ad in your local paper orAuction method work so well is that you will find the
the internet and offer your home for 70% of what youthe highest price a person will pay with the help of a
think its worth. Allow the ad to continue running throughlittle competition from other bidders. The 5 day method
till Sunday.is designed to obtain multiple bids. The seller then
Days 2 & 3 - Thursday and Friday - if you don'tselects the most desirable bid through a round robin
get 25 responses by Friday night, you've set your pricebidding process that in some ways resembles an
too high. (Cancel the sale and start over)Auction but does not require the seller to develop the
Day 4 - Saturday - Show your home. Allow buyers toskills of an auctioneer. All bidders bid by telephone from
leave bids.their own homes.
Day 5 - Sunday - Continue showing your home until 5TIP: You may want to use this strategy if you need to
pm. Starting at 7 pm call all buyers who left bids tosell your house very quickly or as a last effort from
determine who will pay the most for your home. Byafter trying other marketing strategies. You should ask
8:30 pm Sunday night you will have received an offeryourself these questions if your considering this
from a qualified buyer for the most money any activestrategy. Do you have any equity in your house or is it
buyer is willing to pay for your home on the date youfully leveraged...? If you sold your house at X price,
have offered it for sale.what's your bottom-line acceptable price..? If You can't
Day 6 - Monday - contact your closing agent/closingsell in the price range you want will you keep the
attorney or escrow office, who will help you close thehouse, rent it or try a different strategy to sell..? Will
deal on your home.you only accept all cash in a straight sale or will you
When You use the 5 Day Method: - There is no risk -offer favorable terms (owner financing)..? If you have
(besides being out your marketing money - but if youlittle or no equity you'll have to either sell it close to
use a different sell your home in 5 days strategy wewhat you owe or higher or come out of pocket. If its a
can show you how to have all your marketing paid for,situation where your owe more than your house is
you can go to the website we recommend below). -worth, a short sale or loan modification might be in
You will make more money selling your house thisorder.