Most of us wouldn’t buy a new car without taking it for a test drive first but that’s not usually an option with real estate, until now.A Realtor called The Garage Sale Luxury Auction House is giving potential purchasers of luxury property the chance to live in the property before making a decision on whether it’s the home for them.
The concept involves a live-in viewing and auction, where interested parties get to stay in the home, with a host, to get an authentic idea of the house and its surroundings. Potential purchasers will need a large security deposit ($150,000) and a letter from their bank showing they can afford the price they are bidding.
If you’ve ever moved into a new home only to find out that your new neighbour has an insomniac cockerel, you’ll see the benefits of this innovative viewing process.
