Sondra Sparapani - Florida Homes Realty & Mortgage

Sondra Sparapani - Florida Homes Realty & Mortgage Real Estate, Auctioneer and Staging Professional serving the Northeast Florida areas. Dirt, real estate, selling or buying....Love

Here's an outrage to the real estate industry.  I just inquired with realtor . com about buying Seller leads. The sales ...
04/21/2026

Here's an outrage to the real estate industry. I just inquired with realtor . com about buying Seller leads. The sales represented called me in about 30 seconds after filling out the form. I just want to share with you the hubris of where realtor . com is coming from. At this point, they want to sell me leads, Seller leads in a particular area in Virginia. It's a hot area and I would have approximately zip codes to get leads in those areas. The subscription price is $170 a month for seller leads. However, realtor . com can't tell me if the leads are qualified as cold, warm, or hot, and if the Sellers are serious or just looking for a free CMA.

Here's the catch...For $170.00 monthly subscription fee I pay realtor . com for the names and addresses of the leads (unqualified as guaranteed I would have to convert these leads) plus if I get the Seller and sell their house I would have.to pay realtor . com a 30% referral commission . Wow...that's a juicy piece of pie for realtor . com, dont you think? So, they get $170.00 per month with zero confirmed data for the realtor buying the leads that the Sellers are good, you convert and sell the property and then give 30% of your commission to realtor. com. I call that double dipin. That's an outrage.

So, I tell the Sales Rep I may consider this as an option at a $170 a month for the seller leads only if i can give you guys a 15% referral fee. Oh, my God we don't negotiate that according to the sales person.

My attitude is really...? You should there is no set standard referral fee, to my knowledge, at this point in the industry. It'srecommended between 20-30% but nothing is in stone and all referral fees are still negotiable. Yes, referral fees are still negotiable.

I'm saying to myself and eventually to the salesperson, who is now pi**ed because I questioned the business model, that I would do.better "old school. He was shocked that I even address the issue of excessive Referral fees after paying a monthly subscription fee without a single guarantee or successfully published data available for me to review.

Are you kidding me if that isn't corporate greed I don't know what is? A $170 a monthly subscription fee for a list of people that are "potential," sellers in those areas. That'slike a pitential husband? Foes that even exist? You can't tell me if they're ready to go or not, you can't tell me if there's confirmed data or a success rate of these leads--really? Sounds like a high risk little reward scenerio to me. Look, I've been a realtor and an auctioneer in Virginia, and in Florida for way too long to be sold that kind of nonsense and expect to move forward in the industry. I'm like, when does the corporate greed end? I'd do better and I will do better with a brochure walking door-to-door and leaving it on their door k**b or hanging on a mailbox. It's just when does the corporate greed go away?

Realtors pay enough on a yearly basis to be a part of the MLS system, to be a part of an association and to create content and marketing. It's generally a ~ $1000 a year, just to be a part of an association and to be connected to the MLS and the keys. These companies, Zillow, Trulia, realtor . com want you to give them a monthly subscription and then upon conversion give them a 30% referral fee for what? Nothing is guaranteed? I'm finding that insulting to all Realtors. Why would you buy something without a guarantee? You can't even tell me if it's cold, warm or hot. I'm sorry realtor . com I can't get on board with that program. It's pretty much a money maker for you and a money loser for me.

The real danger to our real estate businesses.
03/06/2026

The real danger to our real estate businesses.

You may know that private equity has taken over Red Lobster, KMart, and Toys-R-Us. But did you know that private equity has also been making it harder for YO...

11/23/2025

☆A non-distressed auction is a modern, strategic way to sell a home by creating a competitive environment where buyers bid against each other in a transparent, time-certain process. Unlike distressed auctions, these are fully voluntary sales with inspections, disclosures, and full agent representation. Non-distressed auctions typically achieve a 90–95% success rate, generate significantly more buyer activity, and close in approximately 21–30 days, compared to months on the MLS. For sellers who want a faster, cleaner, more competitive sale, a non-distressed auction can outperform traditional listing methods.

In the U.S. today, non-distressed auctions are still a niche but growing way to sell homes. When they’re used, they can have very high success rates, but they still represent only a small single-digit percentage of total residential sales — the vast majority still sell through traditional agent listings.

Here’s what current data and industry sources show:

1. What counts as a “non-distressed” home auction?

Industry groups (NAR, NAA, Harcourts, etc.) generally use “non-distressed auctions” to mean:

Seller is choosing auction (not foreclosure, tax sale, bank-owned, etc.)

Property is marketed with full disclosures, inspections, contingencies allowed

It’s usually run through a brokerage + auction platform, not a courthouse step sale

This matches the Harcourts / Concierge / Sotheby’s style auctions you’re familiar with, not REO/foreclosure.

2. Success rates for non-distressed home auctions

Harcourts North America (good real-world benchmark – U.S., non-distressed)

Harcourts is one of the larger non-distressed residential auction platforms in the U.S. Their live stats page (updated through 2024–25) shows:

Properties listed at auction: 1,582

Properties sold: 1,484

Implied success/clearance rate:

1,484 ÷ 1,582 ≈ 93.8% (≈ 94% of auction listings ended up sold)

Average time on market: 27 days

Properties that get an offer before auction day: 98%

Average showings per auction property: 81

This is explicitly “everyday homes up to luxury,” and “steers away from distressed homes”, so it’s a true non-distressed model.

Other U.S. auction houses

Data is more fragmented, but a few patterns show up:

Regional auction firms often report ~70–80% of properties offered at auction end up sold (mixed distressed + non-distressed).

Online auction platforms (Auction.com, BidHom, etc.) report:

Rising participation in online auctions (NAR-quoted figure: ~35% rise in online auction participation over five years).

Faster closings than traditional listings, often within ~30 days.

International context (where auctions are “normal”)

In places like Australia and New Zealand, non-distressed auctions are mainstream:

In Melbourne, historically 30–35% of all housing transfers happen via auction.

Current national Australian auction clearance rates are hovering around 60–70%, depending on the city and week.

Those markets show what happens when non-distressed auctions are used at scale: they’re not “last resort,” they’re just another standard sales method.

3. How big is the auction slice vs traditional agent sales?

U.S. overall: still dominated by agents

NAR’s latest quick stats (2024) show:

88% of buyers purchased their home through a real estate agent or broker

FSBO (for-sale-by-owner) made up 6% of home sales

That leaves roughly 6% for “other” channels combined:

Builder direct, iBuyers, institutional acquisitions, auctions, etc.

Within that “other” sliver:

A commonly cited estimate (from Auction.com’s Rick Sharga) is that auctions accounted for about 3% of all U.S. home sales in 2014; industry commentary since then still describes auctions as low single-digit % of transactions, even though online auctions have grown.

The luxury auction segment (Concierge, Sotheby’s, etc.) is active but small: one recent market report estimates ~10,200 luxury properties were auctioned in the U.S. in 2024, which is tiny compared to ~4–5 million total annual home sales.

So in very rough terms for U.S. residential:

Traditional agent/broker listings: ~85–90%+ of all home sales

FSBO + other non-broker channels (including auctions): ~10–15% total

Within that, auctions likely sit in the low single digits (≈2–4% of all home sales, depending on year and definition), with non-distressed auctions being a subset of that.

There is no single, precise national statistic that cleanly isolates “non-distressed residential auctions only,” so any percentage is an informed estimate, not a hard NAR table.

4. Auction vs listed with an agent

You also may ask about “success” compared to agent sales, which usually means:

Does it sell, and

What price relative to list / expectations?

Some relevant points:

A 2019 NAR-cited analysis (quoted by multiple auction firms) found that properties sold via auction often achieve 10–20% higher prices than traditional methods when the property, market, and seller motivation all suit the auction model (strong demand, realistic reserve, good marketing).

Non-distressed auctions tend to:

Compress market time (e.g., 27 days avg. for Harcourts vs months on the MLS in slower markets).

Create a “deadline effect” that forces buyers to show up and compete, which is where the price lift can come from.

Traditional listed sales still:

Capture most of the volume, and

Produce higher average sale prices than FSBOs (agent-assisted sales had about $79k more profit for the median seller vs no agent in 2024).

So:
Where auctions are used appropriately, non-distressed auctions often match or beat traditional listing prices with much shorter days-on-market — but they’re still used in a small minority of U.S. home sales.

5. Summarized

Auctions: small but growing niche, likely 2–4% of U.S. home sales overall.

Traditional agent sales: still well over 85–90% of all transactions.

Success rate:

Non-distressed residential auction platforms (like Harcourts) are reporting ~90–95% success/clearance rates when properties are properly qualified and marketed, with ~30 days to sale.

In high-auction markets overseas, clearance rates in the 60–70% range are common in normal conditions.

Pricing vs traditional listing:

In the right conditions (strong demand, competitive price guide, real seller urgency), auctions can deliver equal or better net prices, plus reduced carrying costs.

They are not a magic bullet in soft/over-supplied segments; poorly chosen auction candidates just pass in and then revert to private treaty/MLS.

Why Consider a Non-Distressed Real Estate Auction?

Most people think “auction = foreclosure,” but that’s not true anymore. Today’s non-distressed residential auctions are:

Fully voluntary

Agent-driven

Professionally marketed

Designed to push buyers to compete — not wait and negotiate

This is the exact model used by Harcourts, Concierge Auctions, Sotheby’s auction partnerships, and high-end firms across California, Hawaii, Florida, and East Coast markets.

Key Benefits to Sellers

1. Faster Sale
Most auction-listed homes sell in 21–30 days, instead of sitting for months on the MLS.

2. Higher Buyer Engagement
Auctions attract serious buyers because there’s a deadline.
No tire-kickers. No “we’ll think about it.”

3. Competition = Better Price
When you have multiple buyers bidding at the same time, you get leverage you simply don’t get in a traditional negotiation.

4. Transparency
Everyone sees the bidding process — no back-channeling, no guessing.

5. No “death by price drops”
Instead of chasing the market downward, the auction pulls buyers upward with competitive bidding.

6. Perfect for unique, luxury, or “hard to value” homes
If it’s architecturally unique, remote, horse-friendly, or luxury-tier, an auction often outperforms a flat listing price.

Thank you.

Sondra a Sparapani, MBA
Realtor®, Auctioneer and Staging Professional (Florida Referral Agent)
Florida Homes Realty and Mortgage
Corporate Address
9191 RG Skinner Parkway
Jacksonville, Fla. 32256
[email protected]
540 522 6899

04/17/2024

It was just one of those days......10 things on the list only 3 items completed.....bummer!

03/24/2024

A security deposit is a sum of money that tenants pay to the landlord upon moving in and can be used to offset the cost of some damages.

03/17/2024

From affordable to luxurious, these are the best places to live in Florida.

03/09/2024

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