Real Estate Auctions

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Services for Real Estate Pros - AuctionFirst
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.
RECENT BLOG POSTS
A real estate auction in Charlotte NC had 35 properties from 3 investors.  The investors approached real estate auctioneer Gail Marshall of Auctions by Marshal about conducting an auction. All in good condition, but not perfect. One is on a street where 2 homicides occurred last week. (Auctions a...
09/25/2006
Real estate auctions are an excellent exit strategy for investors.  Investors who are flippers normally have a very short lead time to turn around the sale of the property.  Investors who hole properties often times prefer to liquidate their holdings in one go. Either way, real estate auctions al...
09/25/2006
I'm holding a 3 hour TREC MCE class this Thursday (1-4pm) in Austin TX - "Real Estate Auction Fundamentals". It's a highly interactive class and agent feedback has been tremendous.  We cover auction basics, why buy at auction, why sell via auction and what's in it for agents/brokers. Let me know ...
09/24/2006
This article (link below) was published in the St Petersberg Times yesterday - and provides a great perspective on the market and real estate auctions. One Clearwater auctioneer said he used to get 10 calls a week last year - and now averages 10-15 calls per day now. They're closing almost everyt...
09/24/2006
Has anyone else seen this informercial from Homevestsors (aka we buy ugly houses)?  It was a 30 minute infomercial on a major network - that aired Saturday morning. I thought the ad was extremely well done and had a compelling message - we take care of your ugly house problems.  If you've seen th...
09/24/2006
If you'd like recent articles on real estate auctions - you can add google search to your email and set the parameters for google to send you links/news releases whenever something comes across on the internet on the subject. I've found great success in being able to keep up with real estate auct...
09/23/2006
This is an excellent designation for any real estate professional/broker who wants more understanding of real estate auctions and perhaps even to put auctions into their service offerings:  An auctioneer with the AARE designation has gone the 'extra mile' to ensure they offer the highest level of...
09/23/2006
A 3 bedroom, 2.5 bath Riverwalk condo in Austin, Texas sold in 19 minutes at auction.  The condo needed extensive renovation and both buyer and seller seemed pleased with the auction results that netted a total sales contract over the seller's reserve.  The buyer was represented by an agent who e...
09/18/2006
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...
09/18/2006
A young couple in the Richmond, Virginia area were way over their head with financial difficulties.  The mortgage was past due, a foreclosure letter from the mortgage company had already arrived, a courthouse-steps auction date loomed, and the house needed extensive repairs. Their church pastor, ...
09/18/2006
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Linda Mardi

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