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Pacific Auction Exchange
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Office:
Professional Real Estate Marketing, Inc.
2776 E. Yosemite Ave.
Merced, CA 95340
Phone: 209.722-7500
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Press Releases
Real Estate Auctions an Important Tool in Home Sales During a Transitional Market - January 22, 2007
New Orleans, November 12, 2006 - Today’s Real Estate professional may likely rely on Auctions as an important part of their Real Estate practice, particularly in a transitional market. More and more, Realtors® are seeing Auctions as offering sellers an advantage in the current housing market.
In the forum held yesterday at the 2006 REALTORS® Conference & Expo, a panel of experts told Realtors® that Auctions can provide an enhanced level of service for today’s seller.
The latest statistics by the National Auctioneers Association report that growth in the Auction industry has increasingly come from residential Real Estate Auctions, which grew by 4.5 percent in the third quarter of 2006.
“Many Realtors® increasingly work in a full-service environment that may offer insurance, title and property management along with brokerage services,” said NAR President Thomas M. Stevens of Vienna, Virginia. “Auctions should be seen and can be a part of an array of services that Realtors® offer to their customers, and should not be seen as competition to the existing range of services provided by a traditional brokerage. Auctions keep Realtors® at the center of the Real Estate transaction.”
“Auctions are a fair and speedy process of selling or buying a home,” said Ben Anderson, chair of the NAR Auctions Committee and President of Anderson Auctions in Destin, Fla. “For homes that take a long time to sell, using Auctions creates a sense of urgency about the property often helping to sell a property before it goes to Auction.”
Panelists included Bill Sheridan, Mason, Mich., president of the NAA; Lynn Gardner of the Institute for Auction Learning, Purcellville, Va.; Craig King of J.P. King, Gadsden, Ala.; Tracey Clay of Clay and Co. LLC, Miramar Beach, Fla.
The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing more than 1.3 million members involved in all aspects of the residential and commercial real estate industries.
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More News Items: |
| Auction Industry Experiences Extensive Growth for 2006 - January 22, 2007 |
| Home Sellers Turning to Auctioneers for Help - November 14, 2006 |
| Home Auction the Next Big Thing - July 15, 2006 |
| Bids on the Block - July 9, 2006 |
| Real Estate Auctions Offer a Faster Sale, Often at a Higher Price - February 1, 2006 |
| Auctions Offer a Third Option for Selling Property - January 23, 2006 |
| 'Do I Hear 6 Figures? Sold!' - January 4, 2006 |
| Why the Rich and Famous Auction Their Homes - January 3, 2006 |
| Can an Auction Sell a House at Market Value? - January 3, 2006 |
| Do I Hear $20 Million? - December 20, 2005 |
| Auctioning Homes is Latest Trend in Real Estate market - December 20, 2005 |
| Quarterly Update Reports that Auction Industry, Real Estate Sales and Auctioneers’ Businesses are Outpacing Projections - December 20, 2005 |
| Real Estate Auctions are Expected to Grow to 30% of All Home Sales in the Next 36 Months. - December 20, 2005 |
| Home Auctions Pre-sell! Rare Sales Technique Sizzles in City's Already Hot Property Market. - December 20, 2005 |
| Auctions Win More Business in Real Estate Market - December 12, 2005 |
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