Accelerated Marketing
Real Property and its benefits:
- Focus is on YOUR property
- Advertising is designed for YOUR property
- Buyers act on YOUR schedule
- Eliminates guessing the asking price
- Property sold without contingencies
- All sales terms set in advance eliminating negotiations
Commercial Real Estate
sold at auction includes:
- Properties with high carrying costs
- Hard-to-value properties
- Special use properties
- Properties not selling using
traditional methods
Advantages to commercial
property auctions include:
- Quick turnaround
- No limit on sales price
- Comparable commissions
- Extensive marketing
Liquidation Auction Services:
- Personal Property
- Business Inventory
- Farm Equipment
- Plant Machinery
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The National Auctioneers Association (NAA) reports that for the fourth consecutive year, auction industry sales have grown significantly from $195.3 billion in 2002 to $270 billion in 2007
**Chart provided by NAA illustrates the growth through 2006. See narrative for 2007 results.
While traditional real estate professionals continue to face the challenges of a housing market downturn, the real estate auction market continues to be one of the fastest growing auction sectors generating $58.4 billion in 2007. Within the real estate segment (i.e. residential, land/agricultural, commercial/industrial), residential real estate auctions witnessed the largest growth, increasing 5.3% from 2006, accounting for 32% of the total live auction industry.
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