5 homes up for sale via Net auction - Market will set prices for revenue properties
Friday, December 1st, 2006EDMONTON - Norm Edelmann is selling his family’s five revenue homes, not through a Realtor — nor through any “sale by owner” agency.
He has posted the property on the Internet and is soliciting bids.
“Ninety per cent of the time, a Realtor makes sense,” Edelmann says. “In a unique situation, this makes sense.”
He believes the property, on 150th Street north of 87th Avenue, must be targeted to particular prospects.
So he is saving the cost of a Realtor because “I don’t know how they would get to the right target market.”
investment property