Commercial Real-Estate Auctions
LoopNet operates the most heavily trafficked listing service for finding Commercial Auctions and other commercial real estate with more than $425 billion of total commercial real estate for sale and 6.3 billion sq. ft. of commercial real estate space for lease.
As the nation’s largest integrated organization of real estate and auction professionals, United Country Auction Services is the partner of choice for personal property auctions and real estate auctions including home auctions farm auctions, land auctions, commercial real estate auctions and more.
Our free mobile app allows you to search properties for sale and lease across Australia wherever you are.
The company is also beginning to host larger commercial real estate auctions in different states.
LoopNet’s commercial real estate listings include Commercial Auctions, Farms, Multifamily Apartments, Office Buildings, Retail Space, Vacant Land, Industrial, Warehouses, Restaurants for lease and much more.
More brokers, property owners and other commercial real estate investors come to use for selling and buying commercial real estate online.
Welcome to the Commercial Auction page.
SVN Moecker Realty Auctions, a full-service commercial real estate auction and property management firm providing comprehensive coordinated real estate management and auction solutions.
SVN AuctionWorks also has several bank-owned land parcels in Illinois up for auction, both commercial and residential.
Our sellers come from a variety of backgrounds, from commercial and industrial real estate to residential.
Jackson said other states hit hard by the real estate market, including Texas and California, have started to host commercial real estate auctions.
Auctions are a good option for many buyers and sellers of real estate.
Provides live streaming auction services for all types of real estate transactions – from residential to commercial properties.
SVN AuctionWorks has announced the firm will host several upcoming online and sealed bid auctions featuring retail, mixed-use, industrial, office, income-producing residential, luxury residential, and vacant land properties located throughout Illinois and Wisconsin.
Has been in business since 1990, but the company entered the commercial real estate business three years ago.
LoopNet has a broad selection of properties for sale and the largest viewership of commercial real estate buyers, investors and other professionals.
We provide real estate auction services, commercial property auction services and estate auction services to Louisville Kentucky located in Jefferson County.
Licensed commercial real estate brokers must be used to show our commercial properties and submit offers unless specified in listing.
The auctions, slated for various dates throughout June, July and September, will feature more than 200 commercial and residential properties, including a former Fuddruckers restaurant; and many bank-owned properties.
LoopNet also attracts a large community of commercial real estate professionals, many of which specialize in Commercial Auction properties, with more than 7 million members.
This site advertises auctions of seized Real Property for sale throughout the United States and Puerto Rico and includes single and multi-family residences; commercial and residential land; commercial buildings and warehouses; and operating businesses.
We help small business owners and commercial real estate investors get financing up to $750,000, and we don’t charge application or appraisal fees.
Initially, the partnership will focus on commercial properties – multi-family units, hotels, retail and office buildings – listed for sale on But given the high level of interest in US residential properties from Chinese buyers, residential homes will likely be added to the mix as well.
For real estate auctions on commercial properties you can rely on, contact Schneider Industries today!
If your property is not being used or you are in the process of liquidation, a commercial real estate auction can be a viable option.
Q4 National Auction Event website for more facts about the commercial real estate auctions from last year.
CBRE Auction Services combines its expertise with commercial real estate professionals in local markets where our client’s real estate assets are located.
That the same event for real estate is only for distressed assets and does not serve to maximize value for commercial property.
Commercial Auction Group provides quality asset-disposition services through public-outcry auctions, sealed-bid auctions and online internet auctions to streamline the process of selling apartments, land and all types of commercial properties.
Bill Caller is a commercial real estate broker with CRYE-LEIKE COMMERCIAL specializing in selling and leasing Industrial, Office and Retail properties.
Online real estate auctions, when combined with live open outcry real estate auctions, are taking on more prominence; however, if not implemented properly these events can prove to be unsuccessful.
The challenge for prospective buyers who don’t have access to immediate capital will be financing the sale.
In recent years the United States economy has experienced dramatic growth in the sale of real estate at auction.
Quite simply, real estate auctions are the most efficient and transparent way to sell or buy residential, land and commercial property quickly and easily.
Many innovative commercial real estate web-workers build online links to lenders, escrow companies, and real estate attorneys, so that their sites become full-service hubs for buyers and sellers of hot properties.
Paul McInnis and his staff bring years of real estate auction experience, as well as professional auction marketing techniques, to the sale of real property.
Follow the link below to learn how to participate and be successful in a commercial real estate auction.
Our advisors specialize in auctioning properties in court-ordered liquidations and with distressed assets hence providing SVN Moecker Realty Auctions with an enormous competitive advantage in the liquidation of commercial real estate.
As the commercial real estate industry continues to decline, a growing number of property owners are turning to auctions to try to sell troubled properties.
Follow the link below to learn how to participate and be successful in the commercial real estate auction.
The Wall Street Journal connects your Commercial Real Estate listings and Auctions with the right buyers, investors, tenants and brokers.
Mikkelsen Real Estate & Auction LLC and Appraisal offer full service to meet all of your Real Estate needs.
More than $7 billion of commercial and residential real estate traded through the site in 2013, and the hope is that this infusion will expand that business exponentially.
Michigan: Online Real Estate Auction at featuring 2 commercial gas station properties selling from the same seller.
While others may do an occasional real estate Auction mixed in with their personal property, business liquidation, or auto sales, we have specialized ONLY in the marketing and sale of Real Estate – from Luxury home, Condos, and single family residences to industrial, agricultural, retail, Office and raw land.
For 40+ years we have made Real Estate Auctions our ONLY mission.
True Blue Auctions provides commercial and industrial auctions services for companies of any size and at any location.
Commercial liquidation auction services of selling business property is the effective way to meet the needs of companies and business owners.
Promises and innovation in real estate auctions for over 30 years.
Our commercial real estate auctioneers have experience liquidating assets and can help liquidate your inventory as well.
In a commercial real estate auction setting, real investors will find that they do not have to deal with this difficult situation.
We provide commercial real estate knowledge and expertise that transcends typical auction services.
Take a look at our Sellers Corner, there’s page after page of information and comparisons to help answer any of your questions or curiosities.
NAREIT®, the National Association of Real Estate Investment Trusts®, is the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets.
It recently held a $2 billion commercial real estate auction in Florida.
The commercial division also auctioned 1,087 real estate properties valued at $1.2 billion.
The J.P. Weigand & Sons auction team of professionals are real estate experts who exclusively market real estate as well as personal property throughout Kansas and Oklahoma using the auction method.
In the past commercial real estate professionals focused on face-to-face sales and negotiation skills.
Once primarily thought of as an option for residential real estate, auctions for commercial real estate have gained more attention as property owners are being forced into foreclosure or looking for ways to raise cash and pay off bank loans.
LoopNet has more traffic, listings, and geographic coverage than any other commercial real estate marketplace.
The commercial real estate market has gone through many changes in the past few years, and commercial mortgage brokers who have kept up with these trends are the ones who now stand out from the crowd.
We offer an extensive range of listings, including residential properties, acreages with homes, land/lots/farms, subdivisions and commercial properties.
From beautiful luxury estates to impressive executive homes and stunning lakefront properties, we auction unique and upscale real estate for a variety of tastes.
As has been the case in residential real estate, so in commercial estate: Online auction sites have helped banks and other institutional clients sell-off non-performing notes and defaulted REO properties all around the country.
View our Schedule of Upcoming Live Auctions to find items that interest you.
Then you’ll fall in love with BNO’s Commercial & Industrial Real Estate Auctions!
There’s no place like home, and there’s no better place to sell or bid on a single-unit family home than BNO’s Residential Real Estate Auctions.
It allows Sellers to establish the time frame and set the conditions of sale.
Our talented staff of auctioneers and real estate professionals have the tools to handle any kind of Wisconsin auction property or traditional real estate transaction in today’s marketplace.
Typically, once the auction event is complete, the commercial real estate property is closed within thirty days or less.
While many products can be sold easily in online auctions, real estate by its nature is unique and individual.
Our talented staff of auctioneers and real estate professionals have the tools to handle any kind of auction or traditional real estate transaction in today’s marketplace.
Heritage Global Partners experience in real estate auctions is broad and deep.
Apply for a loan with Business Real Estate Financing between 04/01/2016 and 06/30/2016 and Wells Fargo will waive the origination fee, a discount of up to $5,000.
From handsome executive homes to solid family houses to wise investment properties, we auction single family homes in a wide variety of value ranges and locations.
Sellers gain an advantage knowing an auction will drive competition for their property and bring true value to their assets, leading to a sale that benefits both the seller and the buyer.
United Country Hamele Auction & Realty, the sister company of United Country Badgerland Auction & Realty recently sold at auction the real estate and personal property for an estate on Little Green Lake.
One of the primary benefits for Buyers, Sellers, and Brokers of commercial real estate is the certainty of close, on which the auction premise is based.
Online commercial auctions can also help you buy properties at considerably lower prices.
Using online commercial property auctions could also mean that you get to explore more options.
We will analyze your property and consult with you on a minimum or reserve price prior to the sale.
Particularly in today’s market, many properties are experiencing limited or negative net operating income and sellers are supporting properties out-of-pocket each month.
Tobin Cobb, co-CEO of LNR Property LLC, says the Miami-based commercial real estate firm has used to drum up buyers for some of its properties.
The company recently formed a new relationship with Colliers International, the parent company of Colliers Dickinson , to host commercial auctions all over the U.S.
The auctions also include several bank-owned commercial properties, including a 182,000 square foot single-tenant industrial warehouse in Watseka and a bank-owned commercial building (retail/office/warehouse) in Algonquin.
Michigan: Online Real Estate Auction at featuring various properties in Michigan.
If you are interested in selling your property, know that as a Texas real estate professional I will search far and wide for the right buyer and bring them to your doorstep (literally) in a few short weeks, not months (or even years) as with other real estate marketing methods.
Your property won’t be one of many in a real estate agent’s ad or brochure.
Once you sign an agreement, all of the details of the sale will be taken care of for you.
We’ll discuss your commercial and/or industrial business needs and do a preliminary assessment of whether your business is a good candidate for a True Blue Auction.
In ANY market more and more business owners are realizing that in order to liquidate it requires a more aggressive marketing approach that puts sellers in control of the sale and produces top dollar by forcing buyers to make a decision.
Headquartered in Memphis, Tennessee, CRYE-LEIKE is a full-service commercial real estate firm serving clients through our nationwide network.
Our company utilizes both traditional brokerage and accelerated auction marketing to sell all types of real estate including commercial, industrial, resort, multi-family, mixed-use, waterfront and residential properties.
Once the bidding begins, it move quickly to a final, successful sale.
Bill Menish – 15 Emmy Award winning broadcast journalist and auctioneer – enjoys conducting commercial real estate auctions in Louisville, across Kentucky and nationwide.
If you are a property owner, SVN Auction Services has the right answer for your disposition needs.
This is what makes LoopNet the professional’s choice for finding Commercial Auctions.
Real Estate transactions may seem overwhelming, but Auction Masters simplifies the process.
Timely, relevant updates and reports on the economy and commercial real estate world, with focus on the Utah, Nevada, Washington and Idaho markets.
Jim Hughes Real Estate has been a family-owned business since 1973, with an aggressive staff of agents eager to work for you.
PMI brings innovation to the time proven real estate auction methods.
Buying commercial property often costs a significant amount of money.
Google is most interested, in fact, in ‘s commercial real estate sales, where activity is robust and revenue potentially greater.
More than 46 years of experience and 15,000 + auctions have made Furrow Auction Company one of the largest liquidators of equipment and real estate in the United States.
Michigan: Online Real Estate Auction at featuring a special waterfront properties located in various locations in Michigan.
Announcements Sale Day take precedence over any and all advertisements published.
On sale day, bidders will begin registering a few hours before the designated auction time.
Log in to and click on your name, which will then take you to the Welcome page.
The auction method is cited in most of these statutes as a requirement to foreclose on a mortgage often referred to as a Foreclosure Auction or Mortgagee’s Sale at Auction.
No other auction company in New England can match PMI’s experience in auctioning real estate.
Auction Process: Zetabid commercial auctions are hands-on and custom tailored events designed to unearth the most likely buyer.
They are able to help facilitate these transactions by guaranteeing national and local promotion for assets, by providing support from the eighth most recognized commercial real estate brand, and by attracting both a fantastic inventory of properties and a diverse pool of potential buyers.
There are many reasons that Sellers may want to utilize a real estate auction for their particular parcel of land, office building, retail property, etc.
When you use an online commercial property auction, you can browse these listings easily to find those that fit your business plan.
They want a clean Cash-in-a-day” sale with no collection problems.
In essence the sealed bid is a private sale but buyers tend to be concerned about what to bid.
Interestingly, during the last 30 years in the real estate auction business only about 15 percent to 20 percent of auction buyers have been represented by buyer brokers.
Many CCIMs and other brokers have formed alliances or work with real estate auction companies.
Alternatively, a number of sellers with small properties can be combined into multi-property, multi-owner auctions where all sellers share the required marketing expenses.
In 2009, Southwest Georgia Farm Credit , which had provided a $13.6 million mortgage on the property in 2005, filed a notice to start the foreclosure process on the land.
If you are an investor, SVN Auction Services has the right answer for your acquisition needs.
Online and sealed bid auctions include Section 8 residential rental properties, retail, mixed-use, industrial, office, luxury residential, income-producing residential, and vacant land properties.
REAL ESTATE TERMS: 10% nonrefundable down payment made day of auction with balance due at closing.
Motley’s is a full-service brokerage company offering sales and consulting for a variety of Real Estate Assets.
Real estate auction marketing can be an effective alternative to the more-static negotiated sales marketing model.
Joplin, Missouri (April 23, 2015)—An online commercial real estate auction is underway for one of the last remaining large parcels of a proposed redevelopment plan in Joplin, Missouri, an area tragically impacted by a large tornado several years ago.
Google is using its sizable power and cash to put a real estate company on the map.
The Department of the Treasury has designated CWS Asset Management and Sales (CWSAMS) as the prime contractor responsible for the maintenance and sale of seized and forfeited real property.
Put your property into the hands of Texas real estate market veteran Ron Laird, and relax.
Every detail, from legal work to signs, will be carefully implemented to ensure a smooth and successful sale.
You have decided upon the day you want your commercial & business assets sold live on site, online and by phone.
It’s gratifying to receive the same level of service from your firm that a big estate would.
BNO offers unique, state of the art auction services to bidders and sellers in these categories: art and collectibles, automobiles, real estate and a special platform for charities.
Buyers know the amount of deposit required at the time of the sale, and financing commitments have often already been arranged.
Registration forms, information brochures, contracts, title work and everything necessary to conduct the sale is in place.
Bidding on commercial property through an online auction gives you more buying power because you get to decide how much you think each property is worth to you.
If you rely on a real estate agent, then you only get to see the listings that the agent’s company has in your area.
Others are looking at auctions as a way to expand their business and income opportunities.
When implemented properly, the seller’s total effective transaction costs (marketing expenses plus commission) can be less than that of a traditional brokerage sale.
Holds some auctions based on geography, as well as sector-specific specialty auctions.
Within the past three years more commercial product has come to the auction market, according to Paulsen.
Montour, who has experience with hosting similar commercial auctions in the 1980s and 1990s, said he’s hopeful that between 40 percent and 50 percent of the properties will sell during the event.
Colliers Dickinson, in conjunction with United Country Auction Services, will host the first of what both companies hope will be a recurring commercial property auction April 8. The auction will include nearly 30 nonperforming or underperforming properties that range in value from the low hundred thousands to more than $1 million per parcel and about $30 million to $40 million in total value.
By auctioning your commercial property with JLL and WIlliams & Williams, you have the support of both world-class brokerage and auction services.
, which sells properties directly from its site through an auction process, has already built a strong business.
Foreclosed homes can sell for up to 50% off market value, depending on the location & type of foreclosure.
Our vast auction experience and expertise includes liquidation of estates, livestock, agricultural and construction equipment, business inventories, antiques, firearms, and all manner of real estate; farms, homes, subdivisions, commercial, industrial, recreational, timber, and oil, gas, & mineral production properties.
Developer to sell the final 4 estate lots in Erik’s Ridge neighborhood.
Here is a once in a lifetime opportunity to purchase residential and commercial waterfront property in Yorktown, VA ~ central to Williamsburg, Newport News, Hampton Roads and Richmond, with a private, small town feel.
Estate Auction of two Western Henrico County tax parcels totaling 5.208+/- acres, to be offered separately and together.
Will also use its team of 15 journalists to develop content that educates Chinese consumers on the real estate auction process.
It will be marketed individually and exclusively, with the goal of bringing the maximum possible number of prospective buyers to your door for a one-time event, culminating in a sale.
You eliminate the waiting, strangers traipsing through your home, buyer contingency and painful negotiation that typify the way you’ve probably sold real estate in the past.
So, refinance your building, purchase a new building, or leverage the equity in your commercial property.
This unique sales approach increases the buying pool for your property by facilitating real time competition between bidders at your business assets and those participating online and by phone through The only difference between the imagined scenario above and the real thing is we aggressively market your commercial & business equipment & machinery, preparing buyers in advance so that they come to the auction ready to make their highest and best bid.
They know precisely how to identify and unite the ideal property buyer and real estate seller while conducting a fast-paced auction, all presented online in real time.
With our real time Bid Ticker platform, we are able to eliminate the time and costs of lengthy negotiations that occur in the traditional real estate sales process.
Or are you looking to purchase a new home, make an investment in a commercial property or even purchase your first plot of land?
Atlantic Auctions and its BSCAmerica affiliates manage comprehensive auto, machinery, and equipment auctions that serve much of the east coast.
We hold real estate broker and/or auctioneer licenses in Maine, Massachusetts, New Hampshire, Vermont and Florida, with affiliates across the United States.
Both Sellers and Buyers appreciate the benefits of the auction method.
When you have a factory, a warehouse, or other commercial property you need to sell, Schneider Industries can help!
Our experience managing surplus assets and inventory liquidation brings a wealth of knowledge to sellers with properties they want to liquidate into cash they can use to balance the books or invest in other areas of their business.
Last week Travis Hamele of United Country Hamele Auction & Realty and United Country Badgerland Auction & Realty called a land auction in Tombstone, Arizona that resulted in the successful sale of 1300 acres.
For leased properties, we attract investors who must compete to win.
Most importantly, real estate sales are confirmed within minutes – sales that could have otherwise taken months or even years to generate and finalize.
For a buyer that is serious about purchasing an asset at a real estate auction, this prerequisite helps to weeds out other buyers, that could otherwise distract” the seller, with no real ability to close.
That could help you save tens of thousands of dollars (if not more), especially if you purchase a large commercial property that has already been developed.
Our goal is to listen, collaborate and serve your real estate needs with Character, Competency and Certainty.
Maybe I’ll wait till the price comes down.” Our method of sale creates the urgency to buy or miss a golden opportunity.
SVN Auction Services has represented regional and national banks throughout the United States utilizing proven auction marketing techniques.
Auctions may be the best valid forum to find today’s true market value for many properties.
Auctions offer sellers two factors that are missing from the traditional negotiated sales process: a set time frame and control over the sales process.
He advises sellers looking to auction their properties to enlist the help of brokers who are comfortable with the auction process.
A typical commercial auction on attracts more than 50,000 unique visitors and more than 600 registered bidders.
As part of the SVN network we offer an extensive national reach and have a strong buyer database in the industry.
Some of these properties are just sidelined by the economy,” Montour said, adding that they include large tracts of raw land, office buildings, industrial properties, retail and restaurant properties and even a few investment condominium units.
The sellers are motivated, Colliers Dickinson Senior Vice President Gary Montour said, because many of the properties have already been on the market for a while and the sellers are anxious to make the deal.
United Country Auctioneer/Broker Myers Jackson said the auctions, which will be conducted live and online every 90 days while there’s a demand for them, should help some properties sell quicker.
Our commercial real estate division covers a wide range of services: distressed asset solutions, industrial leasing and sales, office leasing and sales, retail leasing and sales, build-to-suit services, development, hotel sales and acquisition, investment services, land services, landlord and tenant representation, multi-family investments and sales, shopping center leasing and sales, and site acquisition.
Google Capital invested $50 million in the real estate site Co- founder and CEO Jeffrey Frieden, discusses the partnership.
With 11 full-time professionals, we hold auctioneers licenses in 14 states and real estate licenses in 9 states.
CHICAGO, February 26, 2016 – @properties Commercial recently announced that Edward Kusztelak has joined the firm as senior broker of auction services.
The agreement will see US real estate listings from advertised on in Chinese, where they will be immediately accessible to ‘s 2.6 million monthly Chinese-speaking users – in mainland China and around the world.
Because of a change in State law regarding the disposition of surplus Milwaukee Public Schools properties, we are not able to market properties at this time.
United Country Post Properties is your premier auction company selling property throughout Oklahoma.
The auction method continues to be an efficient and cost effective choice for buyers and sellers.
Reflections at Waters Edge 7 – Single Family Homesites, 8 Duplex Homesites & 3 Town House Sites for 8 Town Homes Each!
Google Capital, a fledgling venture capital arm of the Internet behemoth, announced Wednesday it is investing $50 million in , a growing online real estate marketplace.
If you are here because you’re interested in buying one of our advertised properties, trust that you can own it fast, and at a fair price with no offer/counter-offer games to be played.
You’ll be working with an organization that has helped their clients sell all types of properties at auction; Upscale Homes, Condos and Townhomes, Lake and Ocean-front Properties, Office Buildings, Land Packages, Shopping Centers, Apartment Complexes, Motels and Ranches.
Financing from $50,000 to $750,000 for purchase and refinance loans and from $50,000 to $500,000 for equity loans and lines of credit.
We at True Blue Auctions work with our clients to make sure that each step of the auction process will bring the highest return on their assets.
Whereas the internet once threatened to drive traditional real estate agents into extinction, the web is now every agent’s most powerful tool, unquestionably driving the industry’s recovery.
In the past, only the biggest commercial realtors had worldwide reach, leaving regional and local brokers to work their territories as best they could.
The most forward-thinking commercial brokerages have developed smart-phone apps, providing would-be clients with one-touch access to their listings and services.
Both bidders and sellers can appreciate BNO’s auction process that makes it easy, effective, and affordable for all participants looking to buy or sell property.
Our auction company has worked with brokers and with auctioneers across the country to bring satisfied buyers and sellers together.
Buyers enjoy auctions because they compete in an open and fair environment.
Many real properties are candidates for being sold at auction.
United Country Badgerland Auction & Realty in partnership with United Country Hamele Auction & Realty has been selected by Receiver Doug Mann as auctioneer for 40+/- residential owner-occupied or investor properties in the Milwaukee area.
Heritage Global Capital is an asset based lender providing capital for businesses desiring to tap the equity in their owned equipment, inventory and real estate.
We’ve all experienced a situation wherein a competing buyer makes an offer on a commercial property that’s too good to be true, diverting the Seller’s attention; inflating perception of value, only to find that down the road, that particular buyer was not able to close.
If you are an investor, Menish Auctions has the right answer for your acquisition needs.
Both buyers and sellers benefit as the true market value emerges during the bidding process.
At the auction event, Web simulcasts of live auctions bring buyers from anywhere in the world into the active bidding.
New construction, large commercial projects, home permits and other structures and developments—including a new medical school—are a few examples of the new growth in the area.
The company is holding its next specialty auction, which will focus on multifamily properties, this summer.
In 2011, the commercial division of the company auctioned 1,169 notes at more than $4.6 billion in sales.
United Country Auction Services will host the March 27 auction of 4,896 acres on Old Brick Road in the small southwest St. Johns County farming community of Hastings.
The commercial parcels include a fully improved lot in Montgomery, and vacant lots in Port Barrington, Yorkville and New Lenox.
LoopNet’s RecentSales is a cost effective and timely source for obtaining sold, leased or off-market Commercial Auction transaction comps.
Residential lot in Clarksville, VA. Hospital, shopping and banks nearby.
While has access to vast amounts of real-time data on residential home sales and pricing, there will be no product integration.
Please click on the social media links located above to follow us online and learn more about how we can help you with all types of lifestyle properties, land and other valuable assets near the Pennsylvania Grand Canyon and other South Central NY recreational areas.
Properties are located in Flushing and Flint, Michigan.
Name your price to own this 50′ x 107′ residential building lot in Kill Devil Beach, West of the Bypass.
Property perked for conventional system when owners bought the property in 2001.
From start to finish the True Blue Auctions team will be working with your best interests in mind doing everything possible to help you get the greatest return on your assets.
If your business appears to be a suitable candidate and it is your best interest, we will send our experienced auction marketing specialists to visit the property and plan the most efficient and effective way of meeting your needs and exceeding your expectations.
Let True Blue Auctions show you how we work to bring in the highest returns and use technology to effectively market and sell your excess inventory, used and new equipment, or liquidate the assets of your business or company with targeted market research, descriptive listings with professional photography, online auction bidding and secure payment processing with the best customer service.
In October, 2011, powerhouse set the current record for single-auction sales, ringing-up $453 million for its sellers.
To view our exciting live auctions on , simply sign up for a free account and agree to our Terms of Service.
We will provide photos, videos and item descriptions for review prior to all our auctions.
This allows BNO to keep fees as low as possible and ensures that buyers and sellers come together in a transparent manner.
BNO is the only auction website in the world that provides an exciting live auctioneer and interactive bidding platform all streamed online, helping connect buyers and sellers in real time.
And to further enhance the auction experience, we bring the full power of the Internet to market all of our auctions and sales processes.
As a BSCAmerica company, Atlantic Auctions is part of a larger network of asset management groups that have offered superior auction services for over 35 years.
Has sold thousands of properties and assets for clients throughout New England and beyond.
PMI has developed a specialized mailing list targeting potential buyers and sellers.
Auctions create urgency and head turning appeal to buyers not possible with traditional marketing efforts.
Simply put, we create competition to optimize valuation using several different auction types from live onsite events, sealed bid sales, and online auctions.
For owner occupied assets we work with the listing broker to target local and regional business seeking expansion facilities.
Auctions are exciting events, forcing qualified buyers to a single moment of decision.
That’s an important consideration when putting together your business plan and deciding what you can afford to invest.
We’re in the business of listening, understanding, and adding value.
GOVERNMENT AGENCIES – our experience includes the FDIC, U.S. Marshals Service, and the U.S. Small Business Administration.
COMPANIES QUITTING BUSINESS – who want to sell their real estate, equipment, and inventory.
The auction process may be right for you; contact us today to see if your property is suitable for an auction.
Bankruptcies and corporate portfolio sales can be accomplished more effectively in auctions than in traditional negotiated sales.
Auctions provide the full transparency certain situations require, such as in probate or trust sales.
In a marketplace where value is uncertain and sales are slow, auctions demonstrate where market equilibrium should settle.
Since the process for auctions and traditional sales are different, it makes more sense for those without auction expertise to develop a partnership with an experienced national and/or regional auctioneer to expand the potential for success and represent clients effectively.
The residential division auctioned off 35,000 homes, totaling $1.8 billion.
Our affiliates Michael Moecker & Associates and Moecker Auctions solidify the strong relationships built throughout over 30 years of service to the local community.
The site, which has been permitted to develop 950 homes, has been on the market for several years as a future residential site while being used to harvest timber, according to United Country Auction Service’s Web site.
A nearly 5,000-acre parcel of land in St. Johns County permitted for large scale residential development will go up for auction at the end of the month.
Montour expects the properties to sell for about 60 percent to 70 percent of property value.
He estimated that as many as one-third of the properties on the auction list have been foreclosed on and are owned by the lender.
The 9,000 square foot property has a suggested opening bid of $960,000 and is zoned as B-2 Community Business District.
United Country – Badgerland Auction & Realty is your premier Wisconsin auction company.
REALTORS and ATTORNEYS – representing clients with properties that aren’t selling, clients who need to name an exact date of sale, or court ordered sales.
Our experts and breadth of auction approaches includes various auction types, formats, and methods.
We and our network of global partners draw upon a rich history of experience to insure lenders, developers and owners get maximum exposure and realtime execution, creating selling events that bring the market home for our sellers worldwide.
Fossil Rock Recreational Area, an eighty acre wooded and fenced recreational property with 35 acres of lakes and ponds.
Inspect the property at your leisure and call 312.278-0600 ext 101 with any questions and to obtain more information on this homesite and the auction.
The property consists of approx 80,000 sf of warehouse/manufacturing space set on 14.39 acres.
Multi-tenant industrial property located in Baltimore.
The property backs up to the huge Nags Head Woods Preserve 1,100 acres with 5 miles of trails.
This listing has been added to My Watch List You will also receive email alerts for key changes to this property.
Property will be sold free and clear of any and all liens.
Other times, fitting a property to a buyer takes longer.
(Yes, I truly do market nationally…because the investor who is right for any given property may be anywhere).
You may be here because you saw a property advertised in the Wall Street Journal.
Our method of marketing your property usually compresses the sales process down to a 30 day period, and typically brings fair market value…often more than the seller expected.
True Blue Auction bid assistants will circulate among the bidders to answer questions before the auctioneer explains the terms of auction.
These efforts will culminate with the True Blue Auction event itself.
The project manager will visit your property so that he or she can provide our marketing specialists with all of the information needed to carry out a successful campaign.
This will come to you in the form of a proposal, which will include a detailed media plan for advertising in venues that will maximize the value and provide you the best results for your property type.
After the visit and in-depth evaluation are completed, our marketing team will develop a campaign specifically designed to market your property.
We work with people and companies of all sizes ranging from the small kiosk to the multi-million dollar business doing everything possible to bring the highest possible return on their with equipment held in collateral or by personal guarantee you can use the auction method to help bring liquidity to your assets.
It is the most advanced live auction strategy in the world.
The internet, of course, has levelled the playing field, giving highly motivated, visionary and innovative one-person operations opportunities for representing big sellers in great big global markets.
If you are a seller looking for a solution to a property that has become a time or financial burden, we can help.
Subscribe to our newsletter to receive auction items, auction schedules, news, updates and free stuff by email.
Register for the auction you want in order to receive email updates on auction items as well as calendar reminders.
A properly implemented auction marketing campaign will create significant activity which should translate into a high level of participation at the auction.
Property will be offered at auction and the final bid is subject to the owner’s approval.
Property to be advertised and sold to the highest bidder above a pre-determined and advertised minimum bid.
This approach allows the auction method of marketing to work at its maximum potential and creates the utmost motivation for prospective buyers to become interested in the property and ultimately attend and participate in the auction.
Property to be advertised and sold to the highest bidder regardless of price.
They ranged in price from $10,000 single lots to multi-million dollar properties.
No matter your goals or your industry, Schneider Industries can come up with a plan to evaluate your property and special needs in preparing your marketing plan.
And our buyers know that they are getting timely information needed to make a wise decision when purchasing Wisconsin auction property.
Property owners have begun to recognize the advantages of the auction alternative – among them, speed, increase in price through competitive bidding, reduction in the cost of carrying a property, immediate attention focused on a specific property, and creation of a sense of urgency to buy.
That might work for you if you know the exact type of property that you need.
BANKS (REO’S) – Vacant REO properties can be very costly if not sold quickly.
The buyer benefits from seeing the fair market value of the property revealed through the competitive bidding process.
The seller benefits by disposing of property in a timely manner.
This strategy is most effective for properties with only a few potential buyers and the possibility there could be great disparity between what those buyers would bid.
With a property of substantial appeal it can be the best marketing vehicle.
Auction Without Reserve Subject to a Stated Minimum Bid.
This type of auction is not a very strong calling card; purchasers are likely to believe that the auction is no more than a traditional negotiated sales technique and that the seller may just be seeking a free appraisal for the property.
This program offers the property subject to the seller accepting or rejecting the high bid placed at auction.
For a large property or portfolio, a stand-alone auction for a specific seller is structured with the marketing costs paid by that seller.
To accomplish this, an intense marketing and public relations campaign is required to present the property to all potential buyers, get them to on-site inspections, and eventually have them attend the auction event to bid.
There are some differences in seller costs in an auction program versus traditional marketing.
Other buildings may be in or subject to pending foreclosure or bankruptcy, or a lender already may control the property and needs to get it off its books.
Tenant bankruptcies are causing unanticipated high vacancies or lead tenants already have vacated properties.
Integrity, Innovation and Outstanding Auction Services.
And our buyers know that they are getting timely information needed to make a wise decision when purchasing auction property.
Our sellers know they can rely on us to provide the latest innovative marketing programs that combine advertising, direct mail, the Internet and other media to reach potential buyers.
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Kansas City-based United Country Auction Services is one of the largest auction companies in the nation.
In other cases, estimated values of the properties have been difficult to determine because of the drop in the market.
Use map search to find properties in your area of interest and refine your search criteria using keywords.
Located at 1000 North Rohlwing Road, the property is partially equipped on 4.4 acres and adjacent to a Wal-Mart and Sam’s Club.
Patel brings more than two decades of financial leadership and executive experience working in such industries as financial services, healthcare, and technology.
Stay in the know.
Foreclosures are a great way to save money on a home, whether purchasing your very first home or you are looking to buy an investment property, foreclosures are an excellent option.
Former Restaurant / Bakery – 12,937 sq. ft. building sits on 1+ acre lot in Elmira Heights.
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These are the 3 Attributes that you need to consider when hiring an Auction Marketing Firm.
Telephone: (818) 501-4888 ° Fax: (818) 783-7875 ° email:sales@ ° 16200 Ventura Boulevard Suite #417, Encino, CA 91436.
With the strike of a gavel!
Our expert staff is on hand to ensure the process goes smoothly from start to finish.
When selling a property, getting fair market value for it in a quick and efficient manner may seem like an impossible task.
Traditional Sales: Zetabid offers traditional structured sales events with a focus on managing the length of the process for our time sensitive clients.
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CommercialRealEstate offers an integrated mix of media that spans online, print and mobile, with the integrated power of Australia’s three major mastheads – The Australian Financial Review, The Sydney Morning Herald and The Age.
With access to real-time market information and professionals located in nearly every market where assets are located, we provide a unique competitive edge to maximize our client’s asset value on a date certain.
Using industry-leading tools and technology, we institute a comprehensive marketing strategy designed to maximize value through an accelerated marketing approach.
CBRE Auction services develops a custom, solution-based approach to maximize value and achieve our client’s goals.
Our teaming approach provides best-in-class brokerage, consulting and auction services.
A lifelong Texan, Brian received his master’s degree from Amberton University in Garland.
He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014.
Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News.
He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo!
Brian Honea’s writing and editing career spans 14 years across many forms of media.
For three years where she served as VP of global technology finance, developing long-term financial planning and forecasting.
Prior to that, Patel served as chief financial officer and treasurer for online marketing platform Reply!; in that role, she developed operational planning, forecasts, and budgets as a strategic partner to the CEO and board of directors.
Patel most recently worked at Inform Media Group prior to joining , where she was the SVP of finance and served as the strategic finance partner to the CEO.
We will be glad to listen to your specific needs and from that HGP can prepare a detailed solution for your review that will maximize the returns on your assets for the company and its Shareholders.
A stunning French Country mansion with sensational guest residence, northwoods log cabin, boat house, three docks on 6.25 manicured acres.
Presently operating as a seasonal campground with many potential uses.
SINGLE AND MULTI-FAMILY SITES – Ready for immediate buildout!
Elliot House – An Historic Fully Restored 1887 Queen Ann 1887 home one block from the lake, beach and boat launch!
Google Capital has also invested in Survey Monkey, Lending Club and Renaissance Learning , all companies that use technology to disrupt and innovate in their fields.
As for Google Capital, sources there say this is a pure-play investment.
Google Capital invests in companies already in their later growth stage, unlike Google Ventures, which focuses on early stage companies.
STEP 1: Create your profile: Tell us a little about yourself and the type of home you’re looking for.
While buying a foreclosure is becoming much more mainstream, the true bargain hunters are finding their listings through We provide all the information and resources you need to make your home purchase as easy as 1-2-3!
Foreclosures may seem like a very scary home-purchase option but using can help take the fear out of the home buying process!
To offer the best and most professional service in the auction industry, to build long-term relationships, and to implement the auction process as a systematic procedure designed to maximize our client’s objectives and profitability.
We offer the finest selection of quality country homes, country estates, retirement property, waterfront property, mountain land, farms, ranches, recreation property, hunting property and businesses.
Open House: Thursday, June 16, 2016 at the Micro Hotel, 90 Dorsett Heights, Mansfield, PA from 6 to 8 p.m.
Subject to (very motivated) seller’s confirmation – 10% buyer’s premium (11% online) added to winning bid for total contract price.
Don’t miss out on this great opportunity to find that perfect waterfront spot!.
You will be able to change your password if you would like once you gain access to your profile.
Your password will be automatically sent to your email address.
Please enter your email address and click the Submit button.
Amazing opportunity to own the award winning Athena Vineyards and Winery on Virginia’s Northern Neck.
Currently zoned A-1 and masterplanned for single family (SR-1) development, water and sewer are feet away.
Surrounded by lovely neighborhoods and across the street from Glen Allen HS, this tract has it all.
Perks for 5 bedroom home- download PIP for County letter and plats.
Multiple equestrian centers and Golf Course right nearby.
Horses allowed and there’s room for a barn or run-in shed.
Bid to own this generous building lot and design your dream house!
Miller’s Lane is one of the most desirable addresses in Goochland!
These adjacent waterfront lots in Holiday Shores subdivision are large enough that, combined, they can be turned into 3 lots.
Buggs Island Lake is what the Virginia side of the John H. Kerr Dam & Reservoir is affectionately called.
Located in the popular Merifield Subdivison of Clarksville.
Build here and fly your plane to your vacation or year round home!
QuikTrip surplus assets were languishing on the market for years; auction brought the market and realized a transaction price over its last list.
Nine acres in Los Altos saw 12,000 listing visits online, 21 bidders and more than 70 auction attendees.
At @properties, our goal is to provide you with expert, caring, and candid advice throughout one of the most important transactions you will ever make.
A lifelong Chicago area resident, he is married and has two daughters.
Kusztelak is a member of the National Association of REALTORS®, Illinois Association of REALTORS® and Chicago Association of REALTORS®.
He has worked in all facets of the industry including conventional and accelerated auction sales, consulting, and development.
Prior to joining @properties, Kusztelak worked at Tranzon-Edwards Realty Advisors & Auctioneers, where he was president for the last six years.
IF YOU ARE THINKING OF SELLING ANY LAND- Analysts predict that the commodity grain prices are likely to cause land market values to decline.
DISCLAIMER: Information contained herein is believed to be correct to the best of auctioneer/agent’s knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions.
AGENCY DISCLOSURE: Joe R. Pyle Auction and Realty Service is acting as Auctioneer/agent and is an agent for the seller only.
10% Buyers Premium will be added to determine final contract price.
Submit a free ProfNet request and find the sources you need.
Join PR Newswire for Journalists to access all of the free services designated to make your job easier.
Call us Today at 713-974-8804 for a free, no-obligation consultation.
We don’t sleep until we’ve delivered for you-no matter how daunting the task.
If it can affect buying or selling-interest rates, market surpluses, appraiser strikes-we’re on top of it. Our 40+ years of experience are always at work for you.
We are licensed and regulated by the Texas Department of Licensing and Regulation and protected by the Texas Auctioneers Recovery Fund.
And, when the time does come, you won’t find any pushy sales people here; You’ll find a qualified, courteous staff headed by me, personally.
Whether you’re here to find out more about Buying or Selling a property, you’ll find answers to frequently asked questions, full-color property brochures, virtual tours, articles…everything you need to know before taking the next step without having to deal with some pushy sales person.
Either way, you’ve seen how effective our advertising is.
All you have to do is deposit your proceeds after the closing.
In states that require attorney closings, you will be responsible for title-related costs and attorney title work that exceeds $375.
For purchase loans, you will be responsible for title and escrow fees and need to provide proof of funds for the required down payment.
If the state or other taxing authority imposes a tax or fee on the filing of a mortgage or a deed of trust, you will be responsible for any applicable fees.
If your deposit exceeds the environmental insurance fee or if it is not required, you will be reimbursed for any overage.
If there is an environmental insurance fee on the transaction, your deposit will be credited at closing toward the fee.
If the bank determines that environmental or flood insurance is required, you will be responsible for any applicable fees.
You will need to pay a nonrefundable deposit of up to $1,000 when accepting the terms of any loan.
We’ll match or beat a competing offer (rate and fee combination), when a competitor’s formal written approval is provided to us, or we’ll pay you $200.
Plus, we provide a rate/fee match assurance so you can feel confident that you are getting the most competitive offer.
We offer both fixed and Prime-based term options to fit your needs.
Our listings are updated daily, but please contact us at (712) 527-3114 or use our online form to contact us if you do not find what you are looking for.
Throughout the entire campaign, you will be provided with weekly update reports that track our progress.
During the marketing campaign, brochures, advertisements, web marketing and other media will saturate the appropriate target market.
The True Blue Auction project manager will be your single point of contact and serve as a liaison to our entire team of professionals.
Once you have approved the plan we will meet with you to discuss our True Blue Auction agreement, our team of professionals will begin putting the campaign into action.
Contact Us and find out more information about how we can provide you with the auction services on a timetable that meets your requirements and best suit your needs.
You can see the anticipation as those in attendance, on the phone and those online compete in real time for the right to own your property… Well, you just envisioned what True Blue Auctions provides for businesses owners and buyers.
Imagine you could reach the people who have sincere interest in your property, invite them to a meeting at your business, and if they can’t show up in person they can still participate by phone or through a website.
We are focused and committed auctioneers with proven results.
This is what we love to do and provide exceptional results.
Certificates of Occupancy will be used to demonstrate performance.
Required Board of Zoning Appeal approvals will be obtained before Common Council action.
City will pay a broker commission of 7% of the purchase price or $3,000, whichever is greater, at closing.
ALL CUSTOMER ARE CREATED EQUAL Cates treated me like a million dollar seller!
From the first time we met, and through the closing process we were 100% pleased!
Wanted to let you know how pleased we are with the way you conducted our auction.
I listed my deceased father’s house with Cates because of his professionalism and attentiveness.
The relationship was good – very professional and responsive throughout the transaction.
Whether you are selling, buying, representing a client, or just exploring, we’ve designed this site just for you.
In the last few years, the best-qualified buyers have come from Europe and Asia, so that the little guys have competed at a severe disadvantage – if they could compete at all.
After that one event, reported it sold 187 assets on behalf of its 10 institutional clients participating, and the mega-site garnered a purchase price to reserve rate of 111 percent.
Successful agents use their websites’ data analysis features to track unique visitors and turn them into preferred customers.
In today’s challenging market, it is critical to work with an auctioneer who understands the market and will make recommendations based on your needs.
Bill Caller is a licensed auctioneer Â in Memphis, TN specializing in customizing the auction process to meet your specific goals and expectations.
Our services include leasing, sales and purchases, site selection and consulting for our clients.
We’re BNO (Bid Network Online) and we proudly offer something never before experienced in any auction format: the combination of an exciting, live, entertaining online auction with real-time interaction between auctioneer, seller and buyer.
Once your item is sold, we will provide you with instructions on completing the transaction.
Will hold a live streaming interactive auction to sell your item.
Fill in all the required information on the Details, Location & Information, Documents and Images pages.
Under the Selling category on the left, click the List an Item link.
Work out payment and transaction details with the seller directly.
If you are the winner of the auction’s item on which you bid, BNO will email you a Winning Bidder Confirmation Certificate and connect you with the seller.
Log in to your account and place bids during the auction in real time.
Does buying or selling offices, warehouses, retail stores and strip malls make your heart skip a beat?
All of our auctioneers are masters at generating enthusiasm and excitement during the bidding process, which translates into an exciting user experience, great entertainment, and a great show.
Note: We favor working with brokers (both listing brokers and buyers’ brokers) as our first choice.
Atlantic Auctions’ experienced team of asset specialists can provide appraisal and expert witness testimony services.
The results are impossible to predict; however, we can assure you of the best possible effort in achieving the highest return for the Seller.
There are many statutes that regulate the foreclosure proceedings for a mortgage.
The Auction Method is an efficient and many times a required tool in recovering value for assets in the jurisdiction of bankruptcy and other courts.
The owner agrees to sell above a pre-determined price, but that figure is confidential between the seller and the auctioneer.
The minimum must be low enough to serve as an enticement, yet high enough to satisfy the seller in the event that little or no advancement is made.
This approach offers protection to the seller, but in essence a minimum bid more or less expresses that the seller will be satisfied with the minimum bid.
As a seller you can set the terms of the auction – Absolute, Minimum Bid or Subject To Confirmation.
Licensed and bonded auctioneers in the states of New Hampshire, Maine, Massachusetts and Vermont, with affiliates in most other states.
Market-based values are established, and few defaults are experienced in a properly structured auction.
To date, PMI has sold private homes, single house lots, waterfront mansions, condominiums, shopping centers, subdivisions, farms, and rural land, all by auction.
The team at Schneider Industries understands your needs are unique to your situation and work to make your auction experience as painless as possible.
Schneider Industries has been providing exceptional auction services all over the country for over 12 years.
The parcel was divided between two buyers, with one… read more.
To provide you with comprehensive asset management and disposition… read more.
United Country Badgerland Auction & Realty is proud to annouce that we recently joined forces with Asset Consultants LLC and Gilbert Cost Control Consultants Corp.
This auction far exceeded the owner’s expectation of… read more.
Integrity, Innovation and Outstanding Wisconsin Auction Services.
Why should you choose United Country – Badgerland Auction & Realty?
For vacant assets, we reach the owner user buyers who pay more.
Zetabid tailors the marketing program to the most likely buyers and the approach is custom for each event.
Where the building has issues or functional obsolescence we also target regional investors who can renovate and re-purpose the building to alternative uses maximizing value.
For leased assets, we seek to illustrate the maximum potential rental yield and auction to the highest bidder on by targeting a wide pool of national and regional investor buyers.
By providing significant additional exposure for auction assets, market value is a much more likely outcome.
Remember that the definition of market value is the price at which a buyer is willing to buy and a seller is willing to sell that asset.
Keep in mind that the auction process only serves to amplify our brokerage efforts and is a tool that we utilize to maximize value for our clients.
You can read about more benefits on the Q4 National Auction Event site.
The Sperry Van Ness Q4 Auction helps facilitate these potential transactions by supplementing brokerage efforts.
The seller can be certain that should a price be attained that meets their needs, the deal will close, and close quickly.
Because of the pre-qualification and deposit requirements, the level of certainty of closing is significantly higher than a traditional transaction.
This process typically entails making a substantial cash deposit and providing proof of funds, thereby illustrating ability to close.
Typically, in advance of the event, buyers and investors will need to register.
Instead, you make a bid that feels comfortable to you.
If, however, you’re open to other opportunities that could improve your project’s success, it makes sense to use an online auction.
These buyers may not be the final buyers…but their bidding forces the local buyer to pay market price.
Our sales usually attract prospects from hundreds and even thousands of miles away.
Sometimes the next door neighbor who has thought about it” for year but absolutely won’t act!
Our sales attract a good mix of investors and end-users.
This price is not advertised or disclosed to the bidders.
TRUSTEES – who want to eliminate any suspicions of impropriety, stop holding costs and be assured of the highest selling price.
Statistics show that it costs an owner approximately 2% of a property’s value each month to maintain these assets.
Our company has successfully sold condominium projects and subdivisions for many developers.
It might be time to Cash-Out” and move on to new projects.
By bringing them into the same venue at the same time, a competitive bidding condition will be created that will produce the highest price for the seller.
This approach is most effective when there are multiple buyers.
The illusion of a bargain is a definite component of this process.
It can be used effectively with an asset or group of assets with good depth of market and high transparency, such as condominiums.
It frequently attracts the highest number of serious prospects and leads to the best possible price.
This strategy sends a clear message to the marketplace that the seller means to sell the asset.
Typically when recommending a minimum bid, auctioneers anticipate an uptick in bidding of 50 percent or higher.
Often it is at a level at which the seller would prefer not to sell the asset, but at which many serious bidders perceive substantial additional value and would bid beyond that value in a competitive bidding environment.
The minimum bid figure should clearly demonstrate the opportunity for an excellent purchase by a bidder.
This strategy requires some careful analysis and knowledge of buyer psychology.
This technique can work for governmental agencies and financial institutions, as the supposition of prospective bidders is that an institutional seller definitely means to sell the assets.
With no certainty of guaranteed sales, the final prices realized can be lackluster.
The high bidder gets his purchase price reinforced by the fact that other buyers are willing to pay just $10,000 or $25,000 less than the winning bid.
In addition, potential buyers can access detailed due diligence materials on password-protected Web sites.
Information exchanges such as LoopNet, CoStar, and CCIMNet; targeted e-mail blast services; Web sites; banner ads; targeted cable services; and radio.
Technology programs, such as the CCIM member service STDBonline, are very helpful in preparing due diligence materials.
Thus, due diligence is an extremely important part of the auction process.
No two parcels of land, buildings, or locations are exactly the same; each has its own particular characteristics.
EBay and other online services have increased the visibility of all auctions,including how they are perceived and conducted.
Earning a commission as a buyer broker is easy: Don’t let the opportunity pass you by.
The buyer’s premium allows the seller to increase the gross sales price and is a way for the seller to transfer transaction costs onto the buyer.
Specified buyer’s premium can range from 3 percent to 10 percent of the bid price and is an accepted part of the auction process.
In an active and aggressive bidding environment, the buyer’s premium is perceived by bidders almost as a sales tax and can lead to higher net proceeds for the seller.
These costs can range between 0.5 percent and 1.5 percent of the property’s value.
These high-profile marketing expenses are a seller’s cost and often are paid to the broker/auctioneer in advance of the actual auction date.
With an auction sale, a normal six- to 18-month marketing program is compressed into six to eight weeks.
Joplin continues to make progress in its recovery efforts after a devastating EF5 tornado struck the area in 2011.
NAREIT’s members are REITs and other businesses throughout the world that own, operate, and finance income-producing real estate, as well as those firms and individuals who advise, study, and service those businesses.
For buyers, he encourages them to take the time to do their homework.
Last year held an auction that included $1 billion worth of Nevada assets ranging from retail centers to gated apartment complexes.
An engineering company also filed a lien in 2009 that was amended in 2010, citing that it was still owed more than $51,000 for work already completed.
Old Brick Road Estates I and II LLC bought the property, which includes 10 parcels, in 2005 for a total of $17.2 million, according to public records.
Last year the company completed 2,226 sales valued at a total of $515 million.
The land is divisible, has Interstate visibility and may be eligible for municipal tax incentives.
The parcel, which was previously valued at $5 million, has a suggested opening bid of $3.5 million.
Super Wal-Mart, Home Depot and Power Center are all within approximately 400 feet.
It also has the potential for apartment development, with approval from the Village of Addison.
The building offers approximately 8,000 square feet of first floor space with a fully open lower level of the same size.