RealtyBizNews Publishes Article from PropertyAuction on Women Auctioneers

October 10th, 2013 by melissa

Check out PropertyAuction.com’s article in RealtyBizNews that covers women in the field of auctioneering, specifically in real estate auctions. The National Auctioneers Association estimates that women comprise approximately 7% of auctioneers in the United States. We have found that those in that 7% are a powerful force in the real estate auction field and have a beneficial perspective on succeeding in this specialized arena. Several nationally recognized women auctioneers spoke with us for this article and shared their perspective. Take a look at the story in full:

http://realtybiznews.com/women-auctioneers-raising-the-number-of-females-dropping-the-gavel/98722421/

Spotlight On: Stephanie Wilkinson, Chief Operating Officer, Sheldon Good & Company

October 4th, 2013 by melissa

Spotlight on . . .Stephanie

We recently spoke with Stephanie Wilkinson, Chief Operating Officer of Sheldon Good & Company. Representing a host of clients with varied portfolios that include residential properties, developmental land and commercial institutions, Stephanie’s expertise in the real estate auction industry applies to all facets of every deal. We recently spoke with Stephanie on several topics including the current economy and recent uptick of real estate sales, social media marketing, online auctions and what lies ahead for 2014.

PA: Tell us about Sheldon Good and your role with the company.
SW: Sheldon Good & Company has a 45-year track record of proven results. We have sold billions of dollars of properties and have the highest closing ratio in the industry. Our firm specializes in analyzing real estate and creating the proper deal structure to maximize return, utilizing a sophisticated array of alternative sales strategies that include open-outcry auction programs, sealed bid offerings, private sale campaigns, phased auction plans and structured loan sales throughout North America and the Caribbean. As COO, I oversee a team of real estate professionals that develop and execute the disposition strategies for all of our real estate transactions. This includes evaluating potential real estate opportunities, crafting the specific sales program, developing and executing the marketing campaign and effectively concluding the sale of the asset. Read the rest of this entry »

PA Picks – We’re Going Commercial…

October 4th, 2013 by Ori Klein

The country has been quite active as of late – the real estate market and national economy steadily rising, yet the government has decided to close its doors for awhile. This latest development has quite a few real estate professionals wondering how it will affect the current financial climate, where being proactive in finding a lucrative deal is at the top of many an investor’s list. This week we’re taking a look at some of those potential deals in the commercial sector.

Check out Key Auctioneers’ court-ordered, absolute auction of a one-story, 2,983sf commercial office building in Peoria, Illinois. Sitting on .5 acres and furnishing a 1,500sf walk-out basement, this property offers a substantial high-end build-out with private offices, conference room and kitchen area. And let’s not forget to mention the public utilities and paved parking lot. PA is picking this one for its prime location, situated on busy West Glen Avenue with quick and easy access to I-74. Auction date is October 29th.

http://www.keyauctioneers.com/auction-detail/?id=213439

Read the rest of this entry »

Career Paths are Leading to the Auction Block

October 1st, 2013 by Ori Klein

Ah, the excitement of auctions. Everyone has seen them or at the very least heard about them – from the auctioneer calling numbers to the addictive competitive bidding until that final drop of the gavel. They’re popular for everything from personal property to fine art to famed celebrity belongings. Currently, the most thriving item in this area is real estate. The auction field has many real estate professionals as well as traditional job seekers strongly considering a career in this tantalizing arena.

The increase of real estate auctions hit an all-time high after the market crash in 2008, when scores of home and business owners needed to liquidate assets in a limited amount of time while still getting some return on their original investment. Since then, the auction method of sale has quickly caught on and is now seen as a viable option for property owners, buyers and investors. In the process, this burgeoning area of real estate has become a desirable career field with endless potential for those already in real estate and many in search of their ideal job.

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Is it Time for Your First Home? A Guide for Young Professionals and Millennials Buying Their First Home

September 24th, 2013 by Hudson & Marshall

Are you a young professional trying to live the “American Dream?” For many millennials, this includes graduating from college, pursuing the career they love and making big first purchases, like buying a home, with financial stability and support from loved ones.

The first step to buying any home is to first make sure you’re ready. Buying is a commitment, so understand that purchasing a home comes with more responsibilities and upkeep costs compared to renting. However, there are several benefits including the ability to customize your space, an increased value on the home in the future, paying off your mortgage entirely and tax benefits. Once you know you’re ready, it’s time to start the process. Below are some tips to get you headed in the right direction:

“Where do I start looking?”

When starting your house search, begin by checking the selling prices of homes in your area or the area in which you want to live. There are several ways to search home values, including Zillow, Trulia, the national MLS listings website and smartphone apps such as Homesnap. Another option is to purchase a home at auction. Companies such as Hudson & Marshall specialize in conducting nationwide home auctions for foreclosed properties and offer ways to search for these homes through online auction schedules and state search maps. Read the rest of this entry »

Spotlight On: Gary Anthony, Executive Regional Director East Region [NJ and PA], RealEstateAuctions.com

September 16th, 2013 by melissa

Spotlight on . . .Gary Anthony

We recently spoke with Gary Anthony of RealEstateAuctions.com. As Executive Regional Director for New Jersey and Pennsylvania, Gary has extensive experience dealing with sales in all sectors from commercial and development to land and residential. With a solid background in online auctions, we discussed this platform with Gary as well as other current topics in real estate auctions.

PA: Tell us about your organization and your role in the company.
GA: We are a national auction company that handles both traditional real estate and auctions. However, our focus is on auctions. I am the Regional Director for the East covering New Jersey and Pennsylvania.

PA: What type of properties do you specialize in?
GA:
As a company, we auction all types of properties. Many of the agents and Regional Directors on the ground have their different specialties, but we all come together and auction anything from raw land to notes and everything in between. Read the rest of this entry »

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