Cincinnati Real Estate Realtor~Auctioneer~Ohio Real Estate Auctions LLC ~All Done Auction

Are you a multiple income streamer?

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Sun, 16 Mar 2008 17:36:06 -0500

With the market being so rough, have you taken on multiple jobs to keep a float or just planning a future including job diversity. When market is slow it is a great time to look at other choices, whether to change careers or just redevelop what you are doing, maybe take continuing education. I spent the last two weekends earning my Residential Mortgage Professional Certification, a designation offered by Center for International Certificate programs through Hondros College. The course not only gives me a designation, but 24 hours of training required to sit with the Ohio Loan Officer examination.

Wanted Ohio Real Estate Agents who want to become Auctioneers

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Sat, 09 Feb 2008 14:48:41 -0600

The MORPACE survey tracked growth within individual auction specialty areas. The fastest growing auction specialty is real estate. Residential real estate auctions grew 39% between 2003 and 2006. During this same time period, land and agricultural real estate grew 33% and commercial and industrial real estate grew 27%.

I currently have two apprentice auctioneer positions available, the entire process of getting schooling, taking exams, completing the apprenticeship takes anywhere from 13 months to 18 months. For individuals who want to sell real estate at auction, they must also have a real estate license and be sponsored by licensed realtor in order to sell real property at auction while licensed as an apprentice auctioneer. An auctioneer can sponsor only 2 apprentice auctioneers at a time, so these apprentiship are hard to find, don't miss this opportunity, call me today at 513 417-2976.

Please visit the career page on my website (cincinnatirealestategrm.com)to learn more:

http://vickycarlton1.point2agent.com/CareersEvents/page_1910618.html

Short Sale Foreclosure information

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Wed, 26 Sep 2007 20:33:13 -0500

I didn't get the correct email for contact that was looking for this information, so I thought I would put it here if they came back to the site. The first link is the http://www.ohiohome.org/ site which has a lot of information about O loan programs, particularly the refinance programs for homes in a pre-foreclosure status.

The second link is state site with gives additional information about the foreclosure process and where to file complaint's about predatory lending.

http://www.tos.ohio.gov/component/option,com_easyfaq/task,cat/catid,81/Itemid,50/

Vicky

http://www.cincinnatirealestategrm.com/

http://www.alldoneauction.com/

Wife Swap Auction - This was cute! Teaches kids responsibilities

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Mon, 02 Jul 2007 19:26:21 -0500

Family A awards/deducts points for each childs activities,homework, chores.... If a child leaves an item out without putting it away their item is auction off at the end of the week(5 kids). If they have points left they can bid for extra quality time with Mom/Dad.

Of course the other family is just the opposite.

I just wish I had thought of this when my kids were growing up, I would have reserved the right to bid and I'd have some really nice stuff!

Fireworks - don't forget your bug spray! Just a few things to pack before you head out!

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Mon, 02 Jul 2007 18:53:51 -0500

Fireworks - don't forget your bug spray! Just a few things to pack before you head out!

Comfortable shoes, blankets, water, first aid kit, camera, film, small games, cards, snacks, folding chairs, fan

Lets not forget the big kids, grandparents like to watch them and the kids at the same time!

Notepad, maybe its a day to just daydream and get some ideas down on paper!

BUSINESS CARDS, you never know who you will see!

I'm sure we can come up with more!

Cincinati Hot Air Ballon Glow July 3rd!

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Mon, 02 Jul 2007 18:41:13 -0500

Hosted at Coney Island. It's a free good time with Fireworks. Don't forget your camera for some great night shots of the hot air ballons. I have taken pictures in the past and they turn out pretty fuzzy, so I am going back to get some more. Its just a real site to see. Pool and rides are can be purchased.

Heres a link: http://www.coneyislandpark.com/special_calendar.php

This ad has date wrong it is Tuesday July 3rd! http://www.aroundcinci.com/gen_includes/article.asp?articleid=1731

New Friends at Active Rain

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Tue, 29 May 2007 19:39:38 -0500

ActiveRain is a great place to make new friends and make things happen. I have been a member for just a couple of months. I have met so many interesting people, and everyone is willing to share tips. One tip that I have shared with many activerainers is to update your profile. This is the first place that a prospective client is going to look to see if you are someone they want to work with. Just a few of my new friends that are helping me out are listed below.

Vicky

Your key to real estate

Denver Real Estate Bruce Swedal is an experienced Realtor providing Professional Real Estate services for Home Buyers and Home Sellers. Opening the doors of Denver Real Estate for you!

Palm Beach and Boca Raton Homes David Serle provides information and resources for Palm Beach Homes and Boca Raton Homes Market including Local Schools, Articles, and you may search the most current listings on Home Search.

Bob Taylor Properties, Inc. We proudly represent the historic and eclectic communities of Northeast Los Angeles (NELA): Eagle Rock, Highland Park, Mount Washington, Garvanza, Glassell Park, Sycamore Grove, Montecito Heights, Cypress Park, Lincoln Heights, El Sereno, Monterey Hills, and Hermon.

Ahwatukee Real Estate Dawn Workman has the highest level of integrity and customer service and an excellent rating from clients!

All Done Auction Co., LLC. Servicing the Greater Cincinnati Area including Hamilton County, Butler County, Warren County, Clermont County, and Brown County.

Houston Real Estate Houston Real Estate Company specializing in residential homes sales and purchase, investment properties like bank foreclosures and HUD homes and broker price opinions (BPO) and REO Listings.

Douglas and Bisbee Real Estate MaryAnn Ead serves the Douglas and Bisbee area of Arizona including the small cities in the Sulpher Springs Valley of Cochise county. We have raw land, high desert, inexpensive living and opportunity for commercial development. All properties have virtual tours.

Complete Realtor services in Columbus Ga.Klaus Nicholson provides complete Realtor services in Columbus Ga, Fort Benning, Phenix City Alabama areas. Military Families Specialist.

NAR reports increase housing inventory

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Sun, 27 May 2007 11:38:38 -0500

NAR reported increase housing inventory of 10.4% at the end of April to 4.20 million existing homes available for sale, which represents a 8.4 month supply at current sales pace. That number is up from 7.4 million in March.

Want to sell your home fast, fair and on time? Consider the Auction marketing method where you pick your date, control the contingencies, and sell your home in a competitive event where everyone is bidding using the same terms and conditions. Why market to one buyer at a time and have multiple showings when you can have 1 big event, generate excitement and sell you home in a timely manner! Already listed with an agent, ask them to learn more about the auction method and see how they can partner with an auctioneer to get your home sold in days rather than 8.4 months.

You can find more about the auction marketing method at my website www.alldoneauction.com

Vicky

Free courses from MIT

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Tue, 15 May 2007 23:39:50 -0500

Massachusetts Institute of Technology has put much of the content of its undergraduate and graduate courses on its website, including many real estate courses. By using the search function you can find more than 450 links to real estate content from the school's courses. There are many computer courses also. The materials are not good toward a degree or certification, but the price is right, It's free!

MIT's Courses on the Web

Ohio Festivals

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Wed, 09 May 2007 21:40:47 -0500

Ohio Festivals

Dennison Railroad Festival Dennison, Ohio May 16-20, 2007

Moonshine Festival New Straitsville, Ohio May 24-28, 2007

Historic Port Clinton Walleye Festival Water Work Parks, Clinton Oh May 24-27, 2007

Oak Hill Village Festival of Flags Aetna Park, Oak Hill, Ohio May 24-27,2007

Feast of the Flowering Moon Downtown Chillicothe & Yoctangee Park May 25-27

Utica Old Fashioned Ice Cream Festival Utica, Ohio, May 26-28 2007

Deercreek Dam Days Festival Williamsport, Ohio May 30-June2, 2007

For more information see ofea.org

Village Green, Fairfield Oh Groovin' on the Green Presented by CHACO Credit Union

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Mon, 07 May 2007 18:54:34 -0500

City of Fairfield, Village Green 2007 concert events

All events at 7:00 unless otherwise noted.

May 24, Fairfield High School Band 6:30

May 31, Second Wind (Classical Rock)

June 7, Robin Lacy & Dezydeco (Cajun/Zydeco)

June 14, Thunderbay (Pop/Rock)

June 21, The Bromwell-Diehl Band (Contemporary)

June 28, Leroy Ellington & the E-Funk Band (Funk/R&D)

July 12, Blast from the Past (Oldies Revue)

July 19, Miami University Steel Band (Steel Drum)

July 26 , The Muleskinner Band (Bluegrass)

Aug 2, The Menus (Rock)

Aug 9, Ft Hamilton Jazz Band (Dixieland)

Aug 16, The Klaberheads (German Buffett)

Aug 23, Blue Stone Ivory (Classic Rock)

August 30 The Danny Adler Band(Rock/R&B)

Swinging on Green

June 18, Curly & Q-Balls (standards)

July 16, The Jack Carr Band (jazz/big band)

August 20 The After Hours Big Band

Movies in the Park:

All movies begin at dusk:

June 1 - Hoodwinked

July 6 - Cars

August 3^rd - Toy Story

September 7 - Over the Hedge

October 5 - Ice Age 2

Pre-qualified vs Pre-approved, What's the difference?

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Sun, 29 Apr 2007 19:27:02 -0500

A pre-qualification is an estimate of how much you can afford provided by a mortgage lender. It is based on information you provided. Final loan approval is based on further investigation such as credit report and income/expense verification.

A pre-approved is a firmer commitment on behalf of the mortgage company base on an investigation, it is still subject to approval by lender.

Pre-qualification are issued to let you know what range you should look in.

Pre-approval may give you bargaining power when it comes to negotiating a purchase price, sellers may be more accommodating to a purchaser who is guaranteed financing.

Most lenders are requiring a pre-approval on a purchase of a short sale property.

Vicky Carlton

www.alldoneauction.com

www.akey2homes.com

Spring fever!

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Sun, 29 Apr 2007 19:14:03 -0500

It was great here in Cincy today! You couldn't have ask for a nicer day! I had a open house, helped a friend with the internet, reads some articles and did some house work. Business should be crazy, but its not, well it is crazy, it just not that spring fever hot market we all grew a custom too. So now what?

How do you create business where there is none? How do we get the buzz going? The local board is advertising that it is a great time to buy, but I don't think people believe it?

What stats would you use to show that it is a good time to buy?

Vicky Carlton

www.alldoneauction.com

www.akey2homes.com

Cincinnati Real Estate and Small Business Technology Meetup Meeting

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Sat, 14 Apr 2007 22:39:47 -0500

Click here to check out
The Cincinnati Real Estate !

The first meeting is Tuesday April 17, Tri-County Panera.

About Us!

Meetup Members should be interested in research, learning, networking, generating new business, websites, search engines, phones, podcasting, video, video casting, rss fees, gps, directories, cincinnati real estate, neighborhoods, and investing.

Depending on interest level, this forum could change or split into other groups. I was torn between a real estate group, pod/video casting group and networking group. Why run three groups if membership does not warrant it. Here are my thoughts on group. I want to focus on business/meeting areas on the northern 275 belt, but may travel as far south as Norwood.

This is social networking group with focus on small business, real estate and technology. Why I started this group? I have attended many chamber meetings where everyone took three mins. and sometimes 5 mins. to about themselves or the business they were in. It was not enough to keep individuals coming back.

Please use your profile to introduce yourself and a current picture so you can be picked out at a meeting. We may or may not do intros at the meetings depending on size of the group. Your intro should tell members enough about you so members can request information from you, rather than having you solicit to them. This first meeting will be discussion on the meetup group.

There is a podcasting seminar offered in April, that we could register as group and get a discount. Current price is $49.00 for two days. Join, fill out poll, watch for meeting updates, and plan on having a great time!

If you are unable to attend the meeting please email me your comments. Right now I am planing on running the meetings on Tuesday nights, this is subject to change.

The only rule I have right now is NO MLM Network Marketing at the meetings or to this group. You can tell people you sell Mary Kay or what ever, but you are not to solicit individuals to join your external group or try to sell them products.

FAQ Part IV - Follow up Questions?

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Sat, 14 Apr 2007 22:20:01 -0500

Where do you get the particulars about auctions state to state?

I would start by searching with keywords auctioneer & your local state, you should get a hit on a local auctioneers association or at least a local auctioneer.

Most auctioneers, if they below to the local association, will have their logo and link to the association web site.

Another place to get information about auctions/auctioneer is the National Auctioneers Association website http://www.auctioneers.org/

Have sellers been getting their price at pre-auction or at auction?

Rarely does a home sell pre-auction even though it is an option. Buyers are looking for a steal, they are hoping no one shows up, and they can get it rock bottom. On the other hand, sellers are looking for the competition to bring the price up, if they negotiate ahead of time, they could loose that edge. As real estate agents we are required by law to present all offers, even those that come in ahead of auction date. As auctioneers, we do not want to cancel an auction without a lot of notice, the ultimate decisions is in sellers hand.

Why sign at 6 month contract following auction that does not sell?

Typically an exclusive right to sell contract term in my local area is 6 months. If for some reason the seller decides not to accept the high bid on reserve auction, I continue to market the home on sellers behalf on either an exclusive right to sell or by offering a second auction date.

What is the typical commission split/rate when working with other real estate agents/listing agents?

Commission splits/rates are not permitted to be discussed per auctioneer/realtor association rules. Just like a typical listing, everything is negotiable!

FAQ - Auction - Part III

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Thu, 12 Apr 2007 21:45:27 -0500

What is the Buyer's Premium?

The buyer's premium is a service charge that is added to the high bid for our public auctions. A 10% Buyer Premium is normal additional to the winning bid. In this regard, buyers pay our fee not the sellers. Sheriff's auctions or foreclosure auctions generally do not have buyer's premiums.

What do I need to bring to the auction in order to bid?

You need to bring a State of Ohio ID or Drivers license and either cash, personal check or certified funds as indicated in bidders package or by advertisement. Letters of credit are not accepted.

Are auction sales contingent on inspection?

All of our sales are on an "as-is where is" basis. There are no warranties as to the condition and/or the fitness of the property for a particular use. We encourage our buyers to do their due diligence prior to sale day for their own protection.

When can I inspect the property?

For our public auctions the property is generally available for viewing 30-90 minutes prior to the auction. Additional preview times may be scheduled by auctioneer. You are encouraged to perform all inspections prior to bidding on property; there is no contingency phrase in the purchase contract. If you are not comfortable with your inspection or your hired professionals, do not bid on the property.

If I win the auction, what happens to my deposit money?

The deposit will count as a credit towards the purchase price of the property and placed in escrow. Please note; it is the purchaser's responsibility to obtain financing. If you plan to use a mortgage to purchase the property, we recommend that you apply for the loan immediately.

What happens if for some reason the buyer cannot settle on the property?

A real estate auction by its very nature minimizes such failures. If the buyer fails to settle on the property, he/she will be considered in default of the sales contract and lose all of their deposit and potentially be responsible for the cost of reselling the property. If buyer fails to close, the auction seller can turn to the next highest bidders, who demonstrated their willingness to pay nearly as much as the buyer who failed to close.

What happens if for some reason the seller cannot settle on the property?

Our service contract states that the seller must be able to deliver free and clear title to the property without any liens or judgments. We do not do an independent title search. Buyer is responsible for title search, if something shows up it will be paid from auction proceeds. In the case that free and clear title cannot be delivered by the seller, the buyer will be refunded his/her deposit.

Who is responsible for closing costs?

For public auctions, the buyer is responsible for all closing costs, as stipulated in our contracts.

FAQ - Auction - Part II

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Thu, 12 Apr 2007 21:36:57 -0500

Are all properties suitable for auction?

Most properties, but certainly not all, are saleable by auction. Some property that has been on the market too long, causing prospective buyers to consider it "tainted." Or a home that was poorly constructed or planned. These types of properties don't sell well by any method, price is what makes these properties sell, so you must have realistic minimum to list such properties.

One method used by auction firms to determine marketability is the two-thirds rule. A rule of thumb is that if two out of three parts (market, property, seller) lean favorably toward auction, then auction should be offered to a seller as a sales option.

How properties are usually advertised for auction?

Advertising cost are pre-determine base on size, style, location and reserved price of the property being sold. Auction marketing is an intensive effort and a well-timed plan to create massive interest in the properties available for sale. The marketing period is compressed; open houses are limited so buyers are aware of the competition and excitement. The advertising budget is established according to specific properties and the type of market that's needed to be reached with seller's budget in mind.

My goal is to advertise your property in the most appropriate means, not to advertise my auction company. You have final say on the budget and type of advertising utilized.

Your property will be advertised in MLS and on my website; you will get at least 1 real estate broker sign and optionally a second auction sale if permitted in your area. Any one attending open house will get a reminder call or email prior to auction. You information may be listed on other websites. A flyer box may be attached to for sale signs. Corner signs will be used as permitted. Print advertisement will be negotiated and may be prepaid by seller

If a property doesn't sell auction day is it still possible to market it?

Yes. The auction marketing method has exposed the property to a large segment of the buying public. Many times a buyer who wants the property but is uncomfortable with the auction process will make an offer after the auction date. In other instances offers to buy the property prior to the auction date are made and accepted. Our auctions require a 6 month listing contract after the auction to negotiate with other prospects.

Why should real estate agents look favorably on auctions?

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Wed, 11 Apr 2007 22:05:50 -0500

Increasingly, real estate agents are discovering the benefits of real estate auctions. They are realizing that auctions promote activity in an industry that thrives on activity. Agents can get involved in auctions themselves. If an agent brings a buyer to an auction, and that buyer purchases property, the agent can receive a commission. To ascertain the amount and structure of any commissions to be offered, refer to the particular terms and conditions of the auction contract. This should be previewed prior to buyer viewing the property.

In Greater Cincinnati area, the number of homes being auction off are increasing do to the increasing number of foreclosures. Take time to learn about auctions, be prepared to offer clients the benefits of using a agent in purchase of properties at auction, before they show up at one.

Other reasons:

Offers clients and customers new selling and purchasing options.

Increases market share and revenue - new business opportunities are added.

Enhances company's image.

Develops your own market niche - able to offer new products and services other agents aren't providing.

Auctions appeal to people - it brings them in to look at all the listings you hold, not just the auction listing.

Auctions cause referral and return business.

Builds rapport with auction firms.

Agents don't have to be auctioneers to earn commissions -

Earn referral fees as referring agent/broker

Work as cooperating agent/broker

Work as listing agent/broker.

Auction - F A Q - Part 1 - Definitions

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Wed, 11 Apr 2007 21:53:43 -0500

FAQ

What is a real estate auction?

A Real Estate Auction is a method of buying and selling real estate. It is an intense and accelerated real estate marketing process that involves the public sale of property through open, competitive bidding.

What is an absolute auction?

An absolute auction is a public auction without a reserve or minimum. This means that the property, once the auction begins, it will be sold that day. (OHIO)

What is a reserved auction?

A reserved auction is a public auction with a reserve or minimum. This means that the auctioneer will determine whether to pass the property and not sell it based on the owners reserve or minimum price. Some properties are sold with 24 hour owner confirmation, these are reserve auctions as is minimum bid auction may still require owner confirmation.

If auction type is not specified it is defaulted to reserve auction.(OHIO)

What are the general differences between a public auction and a foreclosure?

Generally, a public auction is property for sale by owner either by the owner or thru an agent (Realtor/Auctioneer). The owner is not in financial distress, but has concluded that selling the property via the auction process is the most effective method. More and more people are finding that selling their real estate at auction to be the best way to maximize value in a very timely manner. The owner may be a lending institution who has obtained the property thru foreclosure action. If the home being sold by an owner who lived in the property, they must fill out the Ohio Disclosure form and Lead paint disclosure form. The disclosure forms do not provide any warranty in an "as is where is" auction. Read buyer packet to determine type of deed being used to transfer the property. It is highly recommend that the buyer buy owner's title insurance.

A foreclosure, on the other hand, is a forced sale by creditors. These auctions are sight-unseen and are generally held on the courthouse steps of whatever county the property is located by the sheriff. Depending on the county the owner may have a right to redemption on the property. You are buying "as is where is", and you will receive a sheriff's deed.

Seller Benefits from selling real estate at auction!

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Tue, 10 Apr 2007 20:23:48 -0500

Seller Benefits from selling real estate at auction!

Auction is an aggressive, advance marketing program that increases buyer's interest in, an awareness of a property and maximizes the selling price.
Accelerates sales. Reduces the time the property is on the market. Auction brings interested buyers to a point of decision; they must act now or lose an opportunity to purchase. The property can sometimes be closed within 30 days of auction or sold before auction.
Creates competition among buyers. Auction is a true fair market forum. Auction price can exceed the price of a negotiated sale. Never worry about selling too cheap, offers the seller another option with bid confirmation. The highest buyer pays the lowest price a seller will accept, it takes the seller out of the negotiation process.
Exposes the property to a large number of prospects with target marketing.
Property is sold as is, where is and how is without contingencies.
Eliminates high seller carrying costs; (such as interest, taxes, maintenance).
A seller knows exactly when the property will sell.
Freeze sell of other homes in area.
A seller sets the terms and conditions of the sale, maintains control of the property throughout the auction (depending on auction type), and actively participates in the sale process.
Auction eliminates numerous and unscheduled showings.
Auction Seller is able to obtain liquidity.
Seller is able to move on to other investments and free up capital.

Buyer Benefits from buying real estate at auction

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Tue, 10 Apr 2007 19:19:30 -0500

Purchase property at fair market value in open competition. Buyers set their own purchase price. Buyers know sellers sell at lowest price possible.
Eliminate long negotiation periods. Reduce time to purchase property.
It takes the agent and the seller out of the negotiation.
Do not have to worry about contingencies because purchasing and closing dates are known.
Terms of offer are same for all buyers.
Buyers know sellers are motivated to sell.
Buyers can receive favorable financing.
Property is sold based on competitive offer, not timing of offer, or who's first.

Greater Cincinnati Real Estate Buyer Counseling - Auction and Traditional Sales

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Tue, 10 Apr 2007 19:10:07 -0500

Your professional agent should provide these services whether you are buying a new construction home, existing market home or home at auction. When buying a home at auction, a professional real estate agent can help you by helping to determine the market value of a property. They do this based on their experience in the area, knowing the neighborhood boundaries and values. In Cincinnati there is a large hidden market of homes available because of the number of foreclosures, number of properties in short sale, the number of homes being sold outside the MLS.

Ask your agent if they can provide these services, and remember in this area, you generally have to have your agent attend your first viewing of the home and pre-register your intent to bid on the property.

Your professional agent should provide you these services, regardless of type of home being purchased.

Communicate responsibly and honestly.
Counsel and explain any real estate documents.
Research properties of interest to you.
Show properties that match your specifications.
Assist in arranging financing.
Assist in scheduling inspections.
Help determine market value of a property.
Prepare written offers.
Review offers and counteroffers.
Register and attend auctions and help determine pricing strategy.
Present offers and negotiate favorable terms.
Assist in arranging a home warranty if desired.
Assist with the entire transaction, loan processing and closing.

Pat an Auctioneer on the Back! National Auctioneers Day

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Sun, 08 Apr 2007 12:40:19 -0500

Vicky Carlton, Auctioneer, CES,CVS and Proud to be a member of this elite group!

National Auctioneers Day to be celebrated Saturday, April 21

Auctioneers across the country will celebrate National Auctioneers Day on Saturday, April 21. Some plan special auction charity events, while others had their Governors' sign proclamations, and some are doing media interviews to draw attention to the growing and changing auction profession. Auctioneers also are holding open houses and speaking to community groups about their trade.

National Auctioneers Day was created by the National Auctioneers Association as the third Saturday of April each year to draw attention to this vital industry that includes specialties such as household estates, business liquidations, autos, real estate, art, antiques and collectibles, and more.

The gross annual revenue generated by the live auction industry grew 10.6 percent in 2005 over the 2004 level, to a total of $240 billion in 2005. Real estate auctions are the fastest growing area as more homeowners choose to sell by auction because of its several advantages. A detailed brochure with these and more statistics is at http://www.auctioneers.org/, the website of the National Auctioneers Association. Click on the button on the right side of the page that says "Auction industry grows by 10.6%."

Many auctioneers are also broadcasting their onsite auctions simultaneously on the Internet (an event called a Webcast), which brings in bidders from across the world to participate live in an auction as if they were right in the auction room. This is among the many technological changes occurring in this old profession.

Auctioneering dates back to the Roman Empire. The "Oxford English Dictionary" of 1595 is the earliest English reference to the auction.

Here are some historical tidbits from the National Auctioneers Association:

The late 17th and early 18th century marked the auction's transition from a small event with a few hundred people to a larger gathering. Auctions were promoted in the periodicals of the day and held in rented coffeehouses or inns.
In America in the 1860s, Civil War Colonels auctioned off the spoils of war and surplus. Only officers of the Colonel rank could conduct an auction, spawning the use of the term "Colonel" by many auctioneers still today.
In the early 1900s, real estate auctions were becoming very popular and, in 1904, half of all real estate in New York is estimated to have been sold at auction.
During the Depression years, some auctioneers traveled the country to liquidate the estates of farmers whose farms had failed because of drought and bank foreclosures.
By the early 1990s, auctioneers were beginning to incorporate technology into auctions. Some began using big screens to show photographs of small items. By 1995 auctions burst into the realm of cyberspace. One of the most popular online auction companies, eBay, was launched.

With more than 6,000 members from throughout the world, the National Auctioneers Association is the largest organization of its kind dedicated to promoting the auction method of marketing and enhancing the professionalism of its members. Member benefits range from federal legislative representation to comprehensive continuing education programs, including coursework to earn the following professional auctioneer designations: Certified Auctioneers Institute (CAI), Accredited Auctioneer, Real Estate (AARE), Graduate Personal Property Appraiser (GPPA) and Certified Estate Specialist (CES). The organization was founded in 1949 and is headquartered in Overland Park, Kan. For more information on the NAA and its programs, log on to http://www.auctioneers.org/.

Steps to Getting Your Finances in Order

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Sat, 07 Apr 2007 12:37:41 -0500

Run your home like a business, and get your finances in order. Define a budget/plan, work within expense and income requirements. And review your plan weekly/monthly/annual to ensure goals are being met.

1. Develop a family budget. Instead of budgeting what you'd like to spend, use receipts to create a budget for what you actually spent over the last month. Analyze this data every week/month/year going forward to see if goals are being met. Your plan should include income, expenses, and savings. Establish rainy day fund and create a house fund. Don't just plan on saving whatever's left toward a down payment. Instead decide on a certain amount a month you want to save, then put it away as you pay your monthly bills. Get a second job; increase your income to generate your home/rainy day fund.

2. Get a handle on expenses. You probably know how much you spend on rent and utilities, but little expenses add up. Try writing down everything you spend for one month. You'll probably see some great ways to save. Are you paying $1.69 for large soda or 35 cents for small can? How many times a week are you eating out? If you have to have it, consider carryout and avoid the cost of tips and drinks. Watch ATM fees, one of my children was just giving the bank over $30.00 a month just to have access to funds. Two people saving a $1.00 a day is $60.00/mth, $720.00/year.

3. Reduce your debt. Generally speaking, lenders look for a total debt load of no more than 36 percent of income. Since this figure includes your mortgage, which typically ranges between 25 percent and 28 percent of income, you need to get the rest of installment debt-car loans, student loans, revolving balances on credit cards-down to between 8 percent and 10 percent of your total income. Start attacking one balance, when that is paid off, apply that payment to next balance in addition to what you were already paying. Maintain a good credit history. Make payments by the due date. Do the same for all your other bills. Pay off the entire balance promptly.

10 Ways to Make Your House More Salable

Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC) — Wed, 04 Apr 2007 20:20:05 -0500

1. Get rid of clutter. Throw out or file stacks of newspapers and magazines. Pack away most of your small decorative items. Store out-of-season clothing to make closets seem roomier. Clean out the garage.

2. Wash your windows and screens to let more light into the interior.

3. Keep everything extra clean. Wash fingerprints from light switch plates. Mop and wax floors. Clean the stove and refrigerator. A clean house makes a better first impression and convinces buyers that the home has been well cared for.

4. Get rid of smells. Clean carpeting and drapes to eliminate cooking odors, smoke, and pet smells. Open the windows.

5. Put higher wattage bulbs in light sockets to make rooms seem brighter, especially basements and other dark rooms. Replace any burnt-out bulbs.

6. Make minor repairs that can create a bad impression. Small problems such as sticky doors, torn screens, cracked caulking, or a dripping faucet may seem trivial, but they'll give buyers the impression that the house isn't well maintained.

7. Tidy your yard. Cut the grass, rake the leaves, trim the bushes, and edge the walks. Put a pot or two of bright flowers near the entryway.

8. Patch holes in your driveway and reapply sealant, if applicable.

9. Clean your gutters.

10. Polish your front doorknob and door numbers.