Selling Real Estate Using the Auction Method National Auctioneers Association.

Slides:

Advertisements

Similar presentations

NATIONAL AUCTIONEERS ASSOCIATION Selling Real Estate at Auction.

Advertisements

NATIONAL AUCTIONEERS ASSOCIATION Auctions: The Past, Present and Future.

Company LOGO Essential Standard 4.00 Understand the role of finance in business.

Chapter 07: Single Family Housing: Pricing, Investment, and Tax Considerations McGraw-Hill/Irwin Copyright © 2011 by the McGraw-Hill Companies, Inc. All.

Real Estate Markets Introduction. Real Estate Markets: Economic Determinants of New Construction.

Do you think this site violates anyone’s privacy? Why or Why Not? No we do not think it violates anyone's privacy since it shows nothing more than if.

NCGS & ● Requires Counties to Establish market values ● Value must be at or near 100% of current market value ● Utility companies requires.

McGraw-Hill/Irwin ©2008 The McGraw-Hill Companies, All Rights Reserved CHAPTER7CHAPTER7 CHAPTER7CHAPTER7 Single Family Housing: Pricing, Investment, and.

Real Estate Markets Introduction. Real Estate Markets: Economic Determinants of New Construction.

Research Questions:Research Questions:  What motivates a person to purchase an investment property in Minocqua, WI?  Why would they choose to invest.

Auction Method of Marketing Presentation “New Beginnings Start with Me” John F Palinkas III.

© 2015 OnCourse Learning Chapter 1 Introduction to Real Estate Principles.

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Chapter 22 Residential Brokerage.

© 2011 Cengage Learning. Choosing The Right Broker Chapter 2 © 2011 Cengage Learning.

By Tamara Sharpe Accounting & Investing. Role in Real Estate The Real Estate role involves in a lot of options. Real Estate jobs such as the Real Estate.

2015 Commercial Real Estate Forecast Greg Shutt Industrial Properties.

Real Estate Principles Tenth Edition Real Estate: An Introduction to the Profession Tenth Edition.

South-Western Publishing©2002 By Charles J. Jacobus Real Estate Principles Ninth Edition Real Estate: An Introduction to the Profession Ninth Edition South-Western.

Use an NAR Green Designee!. NAR stands for the National Association of REALTORS®. In order for one to be considered a REALTOR®, he/she must be a member.

South-Western Publishing©2002 By Charles J. Jacobus Real Estate Principles Ninth Edition Real Estate: An Introduction to the Profession Ninth Edition South-Western.

Understand the role of finance in business.. Understand saving and investing options for clients.

C O A L I T I O N Corner Understanding Real Estate Law: 11 Elements of Compliance Coalition Corner: Business training tools for HR staff, real estate licensees.

1 2. Identifying Sellers and Properties Understanding sellers, properties, and market conditions for which real estate auctions are best suited Applying.

Total Short Sale Solutions How You Can Get Your Short Sales Done For You & Get Full Commission Today.

Catherine Bonn Tyler Crimm Alexander Embiricos Tom McLaughlin Joey Zwicker.

Objective 4.03 Understand saving and investing options for clients.

Understand saving and investing options for clients.

Page 1 Confidential Material Subject to NDA Federal Trade Commission October 2005.

PRINCE GEORGE’S COUNTY ASSOCIATION OF REALTORS ® 2011 Review/2012 Preview.

Work with an NAR Green Designee!. What is NAR? What is NAR? NAR stands for the National Association of REALTORS®. In order for one to be considered a.

Buying Real Estate at Auction: Tips, Truths and Tools.

Use an NAR Green Designee!. NAR stands for the National Association of REALTORS®. In order for one to be considered a REALTOR®, he/she must be a member.

Real Estate Principles Tenth Edition Real Estate: An Introduction to the Profession Tenth Edition.

© 2010 by Cengage Learning Chapter 1 ________________ Introduction to Real Estate.

Chapter 1 Introduction to the Real Estate Business The real estate business is more than just houses. As this chapter says, “Real estate is big business,”

1 Columbus, Ohio 2011 Economic Forecast Building Industry Association Of Central Ohio March 9, 2011 The Danter Company Binns Real Estate Services Columbus.

The fastest growing segment of the auction industry Residential real estate sold at live auction grew 5.3 percent from 2006 to 2007.

Real Estate Sales July Mobile & Baldwin County Single Family Residential Homes Sold - Trend DecFebAprJunAugOctDecFebAprJunAugOctNovDecJanFebMarAprMayJunJul.

Essential Standard 4.00 UNDERSTAND THE ROLE OF FINANCE IN BUSINESS.

Chapter 07: Single Family Housing: Pricing, Investment, and Tax Considerations McGraw-Hill/Irwin Copyright © 2011 by the McGraw-Hill Companies, Inc. All.

© 2008 by South-Western, Cengage Learning Chapter 1 Chapter 1 Charles J. Jacobus Thomas E. Gillett.

1 Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin CHAPTER 1 THE DISCIPLINE OF REAL ESTATE Classical and Neoclassical.

Understand the role of finance in business.. Understand saving and investing options for clients.

sevenvalleyrealty.com “ Ninety percent of home buyers today use the Internet to search for homes.” Seven Valley Realty, Inc.

1 Introduction to Real Estate Auction A program by the National Association of REALTORS®

Commercial Real Estate and Impact in the Local Market Jean Maday National Association of REALTORS® Director, Commercial Development & Services.

Essential Standard 4.00 Understand the role of finance in business. 1.

IRM Benefits 1. Go to 2. Click on Register at upper right corner IRM Benefits.

“A Fast Sale at a Fair Price” (772)

2017 Reappraisal Reappraisal is required at least every 8 years per N.C.G.S. § Last reappraisal was conducted for Reappraisal includes both.

Understand the role of finance in business.

1. Real Estate Auction: The Opportunity

Stowe AREA Market Report

Buying Green? Use an NAR Green Designee!.

Understand the role of finance in business.

WELCOME TO The Rudy Group The Rudy Group WELCOME TO The Rudy Group The Rudy Group.

WELCOME TO The Rudy Group. ABOUT US The Rudy Group provides commercial and residential services for Buyers. Seller. Investors AS well AS property management.

Understand the role of finance in business.

Auction Property for Sale in Johannesburg - What are the Options

There’s No Place Like a Home Smaller Residential Investment Properties

Commission Sales commissions are paid to employees or companies that sell merchandise in stores or by calling on customers. The commission is meant to.

AUCTION MARKETING PROPOSAL FOR: Property Name

The Advantages of Buying at Auction

Property Tax Section 13.1.

Steps in the Selling Process

Inventory Improved as Sales Continued to Fall

Explore the Auction Option

Understand the role of finance in business.

AUCTION MARKETING PROPOSAL FOR: Property Name

Presentation transcript:

Selling Real Estate Using the Auction Method National Auctioneers Association

Selling Real Estate Using the Auction Method Property Sold at Auction Antiques Rare Collections Household Items Business Equipment Artwork Livestock Industrial Machinery Automobiles

Selling Real Estate Using the Auction Method

2006 Statistics   Residential Real Estate$16.0 Billion   Commercial and Industrial Real Estate $12.1 Billion   Land and Agricultural Real Estate $25.3 Billion

Selling Real Estate Using the Auction Method Growth in Sales for Real Estate Auctions (since 2003) Land and Agricultural Real Estate – 33.0% Residential Real Estate – 39.2% Commercial and Industrial Real Estate – 27.4%

Selling Real Estate Using the Auction Method Real Estate Auctions An Option, Not a Last Resort Recognized by the National Association of Realtors (NAR) as a Viable Sales and Purchase Option Economic Influence of Baby Boomers Internet Auctions and E-Commerce

Selling Real Estate Using the Auction Method Types of Real Estate Sold at Auction Foreclosures of Homes and Businesses “Hard to Value” Properties (waterfront homes, ranches, homes with historical significance) Properties That Have Not Sold by the Traditional Means

Selling Real Estate Using the Auction Method The Auction Advantage Quick Turnaround No Limit on Sales Price Knowing When the Property Will Sell No Contingencies Comparable Commissions Comprehensive Marketing Excitement of the Sale

Selling Real Estate Using the Auction Method Success Stories

Selling Real Estate Using the Auction Method of the Estimated Fair Market Value 85% to 105%

Selling Real Estate Using the Auction Method Can Any Auctioneer Sell Real Estate?

Selling Real Estate Using the Auction Method How Many Auctioneers Offer Real Estate Auction Services? Residential Real Estate Auctions 47% of auction companies Land and Agricultural Real Estate Auctions 42% of auction companies Commercial and Indus. Real Estate Auctions 23% of auction companies

Selling Real Estate Using the Auction Method National Auctioneers Association Committed to Excellence Members Abide by a Code of Ethics Offers the Accredited Auctioneer Real Estate (AARE) Designation

Selling Real Estate Using the Auction Method of Marketing

To Find an Auction Near You Go to or

Selling Real Estate Using the Auction Method National Auctioneers Association