linda mardi: 200 prospects in 30 days; sold in 14 minutes
- 04/04/09 12:51 PM
AuctionFirst.com UpdateSuccessful weekend auction in Austin, TexasWhat a fantastic auction in Austin, TX on Saturday! It was repeat business from a family we’ve helped before. This time, Dr. Najem (Grandpa) had already moved out of state and was really tired having his house sit on the market unsold after a year. It was a lovely home with 5,000 square feet on a beautiful golf course lot. Since the doctor owned the house outright, he authorized an “Absolute” auction which always attracts the most bidders and in turn brings the highest price possible. There were 10 registered bidders and the home … (1 comments)
linda mardi: What can $1 dollar get you?
- 02/04/08 01:18 PM
I had an ebay auction last year - sold about 9 designer outfits in one lot. High bidder was $1. Best auction she ever won - her comments, not mine. But I'd have to agree. What about real estate? When I talk with sellers about reserves and their needing to set a very very low or no reserve. A common comment is "but what if no one bids more than $1?" What would your response be if this was to be a no reserve auction? (I'll tell you my comments in part 2). LindaAuctionFirst.comReal Estate Auctioneer … (2 comments)
linda mardi: Fake Auctions?
- 02/03/08 01:12 PM
Do you consider reserve auctions to be "fake" auctions? I read a blog today and the author commented that he though reserve auctions were fake auctions to him; not really an auction if there's a reserve. A common dictionary defintion for "Auction" is the sale of property to the highest bidder. A common industry defintion for a real estate auction is the firm sale of real property by competitive bidding. In my experience, 80% of reserve auctions sell to the highest bidder, even if under the reserve because the seller was willing to take the high bid. What is your opinion and why? … (10 comments)
linda mardi: Top Austin Agent launches Auction company
- 02/02/08 10:39 PM
Hi All, Newsflash! Robert Grunnah of Castle Hill Investments in Austin TX has launched a real estate auction company Home Auction Live! - you can find it at www.HomeAuctionLive.com. Robert is Austin's #3 top producer for 2006, according to Austin Business Journal, with over $50M in annual sales. Looking for a way to diversify his existing brokerage that focuses on rental properties and investors, Robert decided that real estate auctions are here to stay and gaining appeal by sellers as an alternative way to market and sell their properties. Home Auction Live launched February 1st and its first auction is scheduled for March 1, 2008 … (2 comments)
linda mardi: edZing.com Launches Real Estate Auction Education Seminars
- 10/10/07 06:29 AM
New Educational Seminars real estate professionals, investors, builders and the public on real estate auctions Los Angeles, CA - edZing.com announces a series of real estate auction seminars and programs to educate real estate professionals, investors, builders and the public on the accelerated marketing method of buying and selling real estate thru auctions. edZing.com will launch its first seminar on Friday October 12, 2007 in Torrance, California. The seminar provides an interactive session that focuses on the advantages to agents and brokers for adding auctions into their full service offerings, selling real estate by auction as a preferred marketing method, and techniques and … (2 comments)
linda mardi: Los Angeles: Real Estate Auction class 10/12/07
- 09/30/07 08:29 PM
Hey all of you active rain members in the Los Angeles County area! Here's a great opportunity to learn more about real estate auctions and how you can benefit/profit from this hot trend that's becoming a preferred method by owners and agents in selling property. Add some very important new tools to your real estate practice. Let the Auction Option help distinguish yourself in this competitive profession. The seminar is also tremendously useful for builders, investors, auctioneers, appraisers and lenders. This 3 hour seminar is specifically designed to present and discuss the accelerated method of marketing real estate thru auctions in the California marketplace. … (0 comments)
linda mardi: Agents - here's how to qualify a property for auction
- 09/18/06 09:46 PM
Why would a listing agent refer a property to auction? What is in it for you? 20-30% of the commission split without doing any work! Here’s an example: If the high bid at auction is $200,000, there is a Buyer’s Premium that makes up the commission pool (contact me directly for our specific fee structure. You earn 20-30% of that pool.An auction is not the right solution for everyone! But it can be a terrific answer for some of your sellers. As an agent, you can narrow down the field of good auction candidates by applying these four qualifications prior to setting up a … (1 comments)
Real Estate Auctions are an important marketing and sales tool that benefits consumers and real estate professionals. This blog focuses on VOLUNTARY real estate auctions where sellers want a time-defined sale of their real estate thru competitive bidding.
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