Browse by Tags

All Tags » nc real estate auctions (RSS)
Will The Feds Make the Lenders Whole?
10 November 08 02:16 PM | realestateauctions | with no comments
Recently, I received a few calls from some real estate investor friends of mine here in North Carolina venting their frustration with working out short sales with some lenders. It seems some lenders are stalling in making any decisions as to whether they...
Filed under: , , , , , , , , , ,
Should Realtors Become Auctioneers?
11 September 08 12:33 PM | realestateauctions | 45 comment(s)
I received an interesting phone call from a realtor in California. She had read some articles I had written about using an auction as a first choice method of selling a home, rather than as a last option. Her question to me was this, “Should I become...
Filed under: , , , , , , , , , ,
What is a Ringmen?
29 May 08 02:58 PM | realestateauctions | with no comments
I recently went to a large auction out of curiosity. I didn’t bid but just watched. I saw men and women jumping around, moving among the crowd, yelling, “Yes” or “Yep” or something to that affect, flinging their hands up...
Filed under: , , , , , ,
What If My House Doesn’t Sell at Auction?
25 May 08 08:01 PM | realestateauctions | with no comments
There are basically two type of real estate auction. An “absolute” auction is where the property is sold to the highest qualified bidder with no limiting conditions or amount. The seller may not bid personally or through an agent. Also known...
Filed under: , , , , ,
What If My House Doesn’t Sell at Auction?
22 May 08 09:48 PM | realestateauctions | with no comments
There are basically two type of real estate auction. An “absolute” auction is where the property is sold to the highest qualified bidder with no limiting conditions or amount. The seller may not bid personally or through an agent. Also known as an auction...
Filed under: , , , , ,
A Real Estate Auction Should Not Be A Last Resort Method
16 May 08 06:32 PM | realestateauctions | with no comments
Someone recently asked me if an auction should be the last resort to sell their home. She and her husband lived in a nice neighborhood where the homes and yards were kept in pristine condition. They thought their home would sell pretty fast. They had...
Filed under: , , , , ,
Consignment Auctions
14 May 08 08:31 PM | realestateauctions | with no comments
Consignment Auctions My mother recently passed away and left her home and furnishings to me. My husband and I want to move into the home but we do not need all the furnishings. I don’t want to do a “yard sale” as I feel some of her things are of value...
Filed under: , , , , ,
Do I need an Auctioneer?
12 May 08 05:42 PM | realestateauctions | with no comments
Do I need an Auctioneer? I own my home and have been thinking about selling it and moving to another state. I have talked with several realtors and just can’t get excited about listing my home with them, especially in today’s real estate market. I need...
Filed under: , , , , ,
What is a Buyer's Premium?
04 May 08 05:23 PM | realestateauctions | with no comments
The use of a buyer’s premium is a way of paying the Auctioneer for his or her services. The buyer’s premium shifts the payment of the Auctioneer’s commission from the seller to the buyer at auction. The buyer’s premium is a fixed percentage of the sales...
Filed under: , , , , ,
When is an Auction not an Auction?
03 May 08 09:55 AM | realestateauctions | with no comments
Over the past six months or so, I have noticed an increase in the ads in the paper about auctioning homes. Here in the state of North Carolina, you must list your auctioneer license number in the advertisements and the property owner along with the terms...
Filed under: , , , , ,