Reside MBB of Coldwell Banker Realty and Alex Cooper Auctioneers have teamed up to bring luxury and elevated service to traditional real estate auctions.

Reside founders Noah Mumaw and Ali Berney seek to repurpose auctions as a powerful new tool in the seller’s toolbox. “The real estate landscape is changing,” says Mumaw. “Sellers have very busy lives and need more control over their price and timeframe. This model gives them complete control over the transaction.”

A Reside MBB luxury auction gives sellers the flexibility to set their own move date, choose their price, and sell as-is. And most importantly, the seller pays only 3% total fees with no closing costs, a significant savings over traditional commissions and closing costs which can reach close to 8%.

“We’re thrilled to partner with the Reside team,” says Matt Cooper. “Their market expertise and personalized approach is the perfect pairing to our 90+ years of auction experience.”

The partnership is already generating interest and praise among sellers. A Baltimore home recently pre-sold for over $1 million—in just one day.

Learn more: bit.ly/31dQJuA