Consumer Guide Update: Real Estate Auctions
As previewed last week, NAR is pleased to share the latest consumer guide focused on Real Estate Auctions. This guide explains how real estate auctions work, the different types of auctions buyers may encounter, what risks to consider, and what steps buyers should take before bidding.
As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor. Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides:
- NEW: Real Estate Auctions
- Buyer’s vs. Seller’s Markets
- Estate Planning
- Mortgage Interest Tax Deduction
- Understanding & Protecting Yourself from Title Fraud
- Buying Land and Building a New Home
Thank you for continuing to engage with the “Consumer Guide” series and for sharing the resources with prospective clients so that they have the information they need to find success in their homebuying or selling journey. Please remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy.
Be on the lookout for next week’s guide on Wednesday, which will cover real estate attorneys.
