best auctioneer: Housing Crash "Quote" of the Week
- 04/08/08 12:40 PM
"I feel very robbed. These are the same houses I paid $620,000 for, and now they could be selling for $300,000 to $400,000!"- California Bubble Home Buyer S. California Foreclosures Increase 18 Percent in March 2008 This Weeks Biggest Loser: Riverside, California!Median home asking price drops $30,000 in the last 60 days! Is anyone else noticing this type of stuff in the news? … (2 comments)
best auctioneer: The Power Of Networking $100 Deal Turns Into 2-New Homes Up For Auction
- 03/19/08 10:56 AM
Letter to an auctioneer who asked, how far are you willing to travel to do an auction:When you saw me driving through Wisconsin last August it is really a testimony to the power of networking through a combination of NAA programs including these forums.We were driving from our small town on the Eastern Shore of Maryland to auction two brand new homes in Idaho just over the line from Jackson Hole Wyoming.The listing was a result of having joint ventured or co-op on several of real estate auctions with Kenny Lindsay up in Michigan earlier in the year.I met Ken Lindsay … (0 comments)
best auctioneer: THREE TIMES A REALTOR SHOULD ALWAYS ALWAYS CALL THE REAL ESTATE AUCTIONEER
- 11/16/07 03:48 AM
Do you know the three times a realtor should ALWAYS call the real estate auctioneer? In this market I am amazed that there are still those living in the dark ages who think that real estate auctions are just fire sales and distress sales at give-a-way proces. Did anyone here happen to hear about the Shelby GT Cobra that sold at auction last Summer? $5 MILLION DOLLARS AT AUCTION WITH NO MINIMUM AND NO RESERVE There was no minimum bid and no reserve meaning this one of a kind property sold to the highest bidder regardless of price. 8% Buyers premium was paid or about $400,000.00 … (3 comments)
best auctioneer: LOCK BOXES another reason sellers choose auction is respect of privacy
- 08/24/07 03:17 AM
Sellers are usually uncomfortable with a lock box Privacy or respect of it is one of the biggest motivating factors with sellers when choosing to use a professional auctioneer over a realtor. Why on earth would someone want 10,000 people to have 24 X 7 access to their home? I could start on lock box horror stories but y'all have heard those before. My question is how can someone make a 1/4 million to 1/2 million dollar decision on a home that has not been appraised and inspected prior to being placed on the market? We usually have the inspection completed, appraisal, aerial photographs, … (6 comments)
best auctioneer: REAL ESTATE AUCTION FAQ's REALTORS - RESERVES WHY AUCTION & MORE
- 08/15/07 08:31 AM
FAQ's Frequently Asked Questions about REAL ESTATE AUCTIONSSome people here are under the misconception that all we do are absolute real estate auctions.I WISH all we did were absolute real estate auctions but that is not the case we sturggle with the same issues and are slugging it our one seller at a time.Last year we handed back over $374,000.00 in commissions to a**hole sellers who would not deal with reality and every last one of them still has the property they turned the cash down for or have lost it to the bank in foreclosure.Here is a little something from … (0 comments)
"I feel very robbed. These are the same houses I paid $620,000 for, and now they could be selling for $300,000 to $400,000!"- California Bubble Home Buyer
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