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.
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