The Science of Selling
Why auction works and how competition reveals value
- Auction vs. traditional sale, a strategic choice, not a distressed tactic
- Value is subjective: comparables inform the market, they don't define it
- The economics of competition, leverage transfers back to the seller
- Buyer psychology: scarcity, urgency, social proof, loss aversion, FOMO
- Why time kills price, days on market, fatigue and price reductions
- The Sellers Reserve methodology, end to end
Practical Application
Compare a traditional listing and an auction strategy for the same property. Identify where value, urgency and leverage are gained or lost.
