An auction is surely not the way for a home owner to sell their property if they want to sell at or near current market value. When a person buys at auction they want a deal, they want 25-50% off the retail market value. To purchase at an auction most of teh time you need cash, soem auctions will allow you to get a mortgage but your sale can not be continegnt uppon you getting that mortgage, so if teh high bidder does not close, they lose theor often large deposit which keeps most retail buyers (your average couple) away... more
1. If you need to sell it that quick, price it competitively at or below market value to generate offers.
2. List it with a company with proven record and can market it for you in e very possible way to get a lot of exposure.