Archive for February, 2012

Spotlight On: David E. Gilmore, CCIM, CAI, AARE – Sperry Van Ness/Gilmore Auction & Realty Company

February 22nd, 2012 by Ori Klein

Spotlight on . . .David E. Gilmore

This month we’re putting our Spotlight on David E. Gilmore, national auctioneer, managing director and Chief Operations Officer for Sperry Van Ness Accelerated Marketing Company/Gilmore Auction & Realty Company. With over 25 years of experience in the industry, David’s background covers all facets of real estate. We recently spoke to David on several topics including the current market, bank-owned properties, and online auctions.

PA: Describe your company and your affiliation with Sperry Van Ness (specialties, longevity, experience, etc.).
DG: I started Gilmore Auction & Realty just after graduating from college in 1983 here in New Orleans just when the 80′s downturn had started. My first auction was a single condo and no one showed up, which was devastating but I managed to recover. Later, our firm put together large multi-property, multi-seller auctions of REO properties for several years, then sold for the RTC and FDIC. While we have sold almost everything except livestock in the beginning years, for the last 15-20 years it has only been real estate: homes, lots, acreage, office, apartments, industrial, retail, etc. Read the rest of this entry »

PA Picks – Bring Along your Clubs and Caddy

February 22nd, 2012 by Ori Klein
It’s tee time at the auction block! This week we’re exploring some golf courses being put up for sale via the auction route. These niche properties could be the next ace in the hole for advantageous investors with grand plans on the green.
Take a look at REI Auctions 154-acre golf course with an additional 336 acres to play with located in Bristol, Tennessee. Adjacent to the Bristol Motor Speedway, this property will be offered in 10 tracts dividing the golf course, or auctioned as a whole. PA is picking this one for its plethora of lucrative recreational possibilities: with several buildings sitting on vast lush greens, the area is ideal for activities including go-carts, ziplining, hosting an RV Park, and of course, golfing for avid players and miniature enthusiasts as well. Auction date is April 5th.
Read the rest of this entry »

PA Picks – Hunting for a High-End Home?

February 8th, 2012 by melissa
Recently, there’s been a lot of buzz about the increase of luxury homes hitting the auction block in the hopes of making a deal. With an accelerated marketing plan and promise of a quick closing, owners of mega-mansions and penthouses are seeing the upside of the auction method of sale. This week, PA is taking a look at some posh picks on the auction calendar.

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