Auction Channel
Channel Auctions
Our newest “channel” within the Channel Inc. universe is Auctions. We provide an auction platform enabling real estate firms to offer their clients an auction option. The traditional process of placing a property on MLS and waiting for months to find a buyer is inefficient for many sellers. Online Auctioning allows the listing agent to engage multiple buyers simultaneously increasing the sales price and decreasing days on market.
Channel Auctions does not require you to turn over your properties to a third party auctioneer. Channel Auctions can be private labeled so your brand and your realtors are in the lead for all customer interactions. See www.mluxexchange.com, powered by Channel Auctions for an example of what you can do.
Channel Auctions will help you customize the platform, define the best auction types for your sellers, register buyers and hold auction events. Auctions can be absentee bidding events, Timed Auctions or several other proven auction formats. Our first auction was a $1,900,000 sale after 35 days on the market. If your firm is in touch with qualified buyers, you should be creating an auction alternative for your sellers.
