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30 days to close: Online Auction New Feature - 03/13/08 01:42 PM
We've rolled out another in a series of new features yesterday.  The 'Buy Out' feature is for our online real estate auctions on http://www.epaxonline.com/.  You can see the specific pilot example here (http://epaxonline.com/auction_details.php?name=35673571-Hwy-140-Catheys-Valley-California-95306&auction_id=100058).  This feature is not exclusive, however, and allows one to list a property with a reserve as well.  A bidder can actually accellerate the 2-4 week listing and have a listing agent closed and paid in 30 days or less following a shorter bidding cycle.  Just another option to keep on the table. … (3 comments)

30 days to close: Do we auction anything other than real estate - 10/09/07 04:10 PM
The short answer is no.  Though a few franchisees do in a live formate we stick to real estate, which is what we  do best.  Our marketing plan is focused to target those who can close in 30 days.  In the even one may need financing Home Equity Lines of Credit for a primary residence can be usefull.  In any even the buyer should always get these loan requirements and lines established prior to the date of the auction.
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