Property Auction Blog

Condominium owners, both individual, bulk, and the actual developers are increasingly turning to auction as a means of disposition. The question remains, who is the most successful at auction amongst these sellers? The answer is: the group that controls the market.
An individual condo owner in a condo project full of availability faces a [...]

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In England, sealed bid auctions are becoming more and more popular. In the USA, sealed bid real property auctions are still viewed with a wary eye. The National Auctioneers Association doesn’t even consider the sealed bid auction to be an auction. Here is how their glossary section defines sealed bid, “ A method of [...]

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Buyers and sellers at auction often comment how real estate auctioneers must really be thriving in a down market. With the amount of forced sales, foreclosures, and other situations related to the recent downturn in the market you would think this is the case but we hear a very different story.
The truth is that [...]

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The auction terms “Absolute” and “Reserve” bring to mind different responses based on a person’s personal experience.
Buyers love real property auctions billed as absolute auctions because they believe they will slide into a great deal potentially securing property at less than market value.
Sellers have mixed emotions about absolute real property auctions. If their motive is [...]

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While residential and commercial property real estate auction trends continue growing, the flexibility inherent in auctioning vacant land offers great deals for buyers and quick liquidity for sellers using auctions.
The stigma of distressed property sales for sellers or risky “rip-off ranchos” haunts the idea of buying vacant land at auction but with a few savvy [...]

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BP - Buyer’s Premium - A “Buyer’s Premium” is a fee charged by the real property auctioneer in addition to the successful bid or “hammer price” according to the rate defined in the real property auctions sale terms and conditions. Every Real Property auctioneer and those interested in real property auctions should read an article [...]

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It’s no secret that new housing sales suffer from the same difficulties challenging the real estate industry in all categories. Long drawn out transactions make both seller and buyer suffer needlessly. Alternatives exist with tangible financial benefits for buyers and new home sellers alike.  Real estate property auctions offer satisfaction for both sides. We predict [...]

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The controversy swirling around subprime mortgage lending has grown so intense in recent months that it has escaped the confines of the real estate industry, attracting widespread media attention and prompting a congressional investigation.
Those who support subprime lending argue that this practice makes the dream of homeownership possible for the credit-challenged buyers who comprise a [...]

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If you thought real estate auctions where only for emergency liquidation, foreclosure or bankruptcy, think again. In today’s challenging real estate market real estate property auctions are a growing trend and one of the fastest growing weapons in the quiver of tools that home builders, lenders, developers, as well as single family home owners can [...]

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The spiraling foreclosure rate has been the focus of a great deal of media attention in recent weeks. The controversy has even caught the attention of Congress, prompting the first of a series of investigations that may ultimately result in changes in the federal mortgage regulations.
But industry insiders say that the question of possible [...]

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