Real Estate Auction Blog

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Auctions - Are Agents remiss in not recommending the auction option?

Attention all Selling/Listing Agents and Brokers:

You have a successful real estate business and have represented many sellers over the years.  How many times did you recommend a real estate auction to your client as a preferred marketing method?  If you've answerd "never"  - some might consider that you've not provided the best advice or complete information to your client.

Why "never"?  Is it because you think auctions are for foreclosure and financially distressed situations only? Is it because you're concerned that you won't get compensated?  Are you concened about a risk to the seller?

If you're in a Seller's market - why are you satisfied when you have multiple offers on property within days of listing? Will your clients worry that they've left money on the table? Imagine a sale where these eager buyers have to compete nose-to-nose and toes-to-toes against each other in a transparant bidding war? Can you imagine where the price will go? PLUS no worries that you've left money on the table!

Auctions present a unique tool and solution that cannot and should not be overlooked. 

Why do you think investors are having such a hay day with property owners these days - buying "ugly" homes and basically stripping most equity from the property owner while helping the owner achieve a "get out of this property" goal?  Imagiine that you have a powerful tool to offer property owners an alternative that will meet their timeline, goals PLUS they'll keep their equity!

Look again - real estate auctions may be the perfect solution for your client AND you'll be confident that you've presented them with a complete list of options.

Linda Mardi, President
AuctionFirst.com

3 commentsLinda Mardi • April 11 2007 06:37AM

Auction Education - Agent Feedback

I recently conducted several Real Estate Auction classes for Austin and San Antonio real estate agents/brokers.  I LOVE teaching this class because it's fresh, interesting and new information. Agents are surprised to learn the many benefits of real estate auctions. 

Here are some recent testimonials from students: 

"The class was very informative and really got my adrenaline flowing with new ideas and concepts.  Thanks again."  Char Jockman

"Thanks for your very well-prepared and useful class, Linda.  My son (the lead investor I work with) and I did attend the land auction yesterday afternoon and I understood so much better what was going on because of your class.  Lasted only 20 minutes and almost $3M changed hands - what fun!   I will follow up on all the resources you gave us, and would appreciate being put on your company's email list to hear about auctions anywhere in TX.  I will recommend your classes and services too." C. Balliet 

"The class was excellent to give us insite into how to go about getting information on how to participate in a real estate auction" D. Slater

"I enjoyed the class very much. Your presentation was very professional." M. Ahrens

We offfer several different classes including "Real Estate Auction Fundamentals", available as a 2, 3 or 4 hour MCE class for real estate agents/brokers. We offer private group classes as well as public seminars.  We'll be offering classes in California starting in June.

Linda Mardi, President
AuctionFirst.com

 

3 commentsLinda Mardi • April 11 2007 06:27AM

Auction Apr 14th - 17 Acre TX Pecan Orchard with historic homestead and rental income

Live Auction Saturday April 14

Near San Marcos TX (40 min from Austin and San Antonio)
Property is a 17 acre pecan orchard with a 1930's Arts & Craft homestead plus 5 additional rental properties. The auction will be held as a multi par allowing bidders to purchase one, all of any combination of 5 parcels.

Download the Property Information Package from www.AuctionFirst.com/property.asp    Property information available includes appraisals, inspection reports, seller disclosures, plats, preliminary title information, tax certificates etc.

Don't miss this incredible opportunity to enjoy country living so close to city ameneties.  Broker participation - 2% paid to buyer agent.

Linda Mardi, President
AuctionFirst.com
(512) 255-9502

Texas Pecan Orchard - Arts & Crafts Homestead Pecan Orchard

1 commentLinda Mardi • April 11 2007 06:12AM