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Real Estate Auction Updates - October 2007 - AuctionFirst

(c) AuctionFirst
  Real Estate Auctions
 
Real Estate Auction Update – October 2007
 
Upcoming Auctions The following auctions are scheduled for October/November.  Complete details are available in the auction bid package.
Download the pdf auction bid package from this link: http://www.auctionfirst.com/property.asp
 
 
Real Estate Auctions in the News
A number of articles on real estate auctions have appeared in the news. 

* Auctions catch on as way to sell houses
CBS News, September 29, 2007 
http://www.cbsnews.com/stories/2007/09/27/earlyshow/contributors/raymartin/main3304538.shtml

* Not Doing Auctions? You’re Missing Out!
Realtor magazine—May 18, 2007
http://www.realtor.org/RMODaily.nsf/pages/News2007051804?OpenDocument

* Adversary to Ally
Realtor magazine, June 1, 2007
http://www.realtor.org/rmomag.NSF/pages/lawjune07?OpenDocument


National Auction Statistics
During the "State of the Industry" forum at the 58th International Auctioneers Association Conference and Show in San Diego,
the National Auctioneers Association (NAA) unveiled industry projections for 2007. The industry survey was conducted by
MORPACE International and projected the industry to grow $7.6 billion in 2007. If the current trend continues, analysts project
industry revenues to reach $264.8 billion by the end of the year. This is the fourth consecutive year that the live auction industry has
witnessed growth. In 2006, the total value ... more

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