|
Welcome back! What did you think of our Property Management Software?
Are you subscribed to our feed and receiving email updates? |
Real Estate Luxury Property Management
Housing auctions are plentiful these days, including builders’ closeouts that lure hundreds of bidders to hotel ballrooms and public sales of foreclosures on the courthouse steps. However, this time the steel-nerved speed-talkers at Kennedy Wilson Auction Group are unloading a palatial 13,500-square-foot bank-owned spec home that had been listed for $9.775 million just a year earlier.
A four-week marketing campaign and a budget of $25,000 bring in 250 viewers and 29 registered to participate in auction. They bring family, friends and real estate agents. They carry the requisite $25,000 cashier’s checks. A uniformed security guard keeps a low profile in the background.
The affair is catered, with strawberries, cookies, assorted appetizers and coffee in cardboard cups. Rented furniture, rugs and knickknacks have been brought in.
CLICK HERE to read the rest of the story and experience an auction for ultra-rich
This blog post is brought to you by SimplifyEm Pay Rent Online and Property Management Software
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Ultra-rich Picking up Real Estate Properties in Auctions. How Do They Do It? is brought to you by SimplifyEm Pay Rent Online and Property Management SoftwareYou might also want to read:
- Real Estate – Farmland Prices Continue Upward in Two Auctions Real estate- Indiana farmland prices continued their climb last week as farms in Spencer County and northern Randolph County sold at sharp increases to previous sale prices for the same......
- Kennedy Wilson Sells Over $20M at Two Auctions in Single Weekend Northshore and John Ross Condominiums Sold at Kennedy Wilson Auctions BEVERLY HILLS, Calif., Apr 13, 2010 — International real estate investment and services company Kennedy Wilson today announced that it......
- ABCs of Finding Good Deals in Foreclosures for Real Estate Investors, Landlords Real Estate Investors and Landlords can find good deals in foreclosures with hard work. The reason a good foreclosure deal is hard work as most of the real estate properties......
