Are Online Auctions Squeezing Out Live Auctions? (Episode 35)

from Mike Gazzola’s Real Estate Investing That Works

Everyone knows that Mike Gazzola is the master of the auction, whether it’s online or live. With more and more auctions going online we wondered whether the live auction is going the way of the buggy whip. Mike has purchased hundreds of properties online, but he’s still buying them at live auctions as well. In other words, it’s not the medium, it’s the message. It doesn’t what type of auction you attend, but rather that you attend an auction in the first place and buy a property. Obviously, there are efficiencies to online auctions that will enable you to buy properties that you could never do live, however, with the possibility of less people showing up at the live auctions, the deals could wind up being richer there. So the decision is yours, just act and start your real estate investing career now, there’s no reason to wait.

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