Archive for the 'Auction Terms' Category

Overland Park, KS — “ The National Auctioneers Association, the world’s largest professional association representing the interests of Auctioneers, recently launched a multiple listing service (MLS) designed specifically for real estate auctions. As consumer interest in auctions grows, consumers are turning to auctions to buy and sell real estate. The newly launched website, http://www.naarealestateauctions.com/, provides […]

37% of Real Estate Auctioneers Reported Increase in Home Auctions Overland Park, KS – The National Auctioneers Association recently unveiled its third quarter survey results conducted by Morpace, Inc., projecting continued positive growth in the auction industry. Initiated in 2003, the quarterly survey compiles data and tracks the growth of the industry in the United States.
In […]

Real Estate Market Brings Auction Opportunities

Posted by admin on October 30th, 2007

Because of the, for lack of a better term, dismal real estate market, we are seeing record numbers of real estate auctions advertised these days.  With the dearth of sub-prime loans and adjustable rate mortgages resetting, it is likely that there will continue to be an increase in foreclosures.  It is possible that this will […]

History of Auctions

Posted by admin on August 18th, 2007

There is a rich history and tradition behind auctions.  Below is an article from the National Auctioneers Association which gives many details about the ways in which auctions have developed across time: 
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It seems that auctions have touched almost every century, every industry and every nationality “ this list I gave you was just a small sample. Auctions date back […]

Press Release Source: The National Auctioneers Association NAA Auction Industry (OVERLAND PARK, Kan. Tuesday October 10, 11:41 am ET)
The National Auctioneers Association (NAA) reports continued growth for the auction industry with a 5.9 percent third-quarter increase as compared to the same point in 2005, translating into $254.4 billion total revenue projected for 2006.
The largest increase […]