Please allow me to take this opportunity to throw out a few words about Social Media. Now I have to admit a secret here and tell you- I am not a particularly social guy! However, I do read a lot of online articles about current events that shape our market, and I do have some [...]

There are many elements required in order for an auction to be successful. These include strong demand, motivated seller, adequate information for a buying decision, an ability to sell at the current market price, and the ability to promote adequately in the marketplace. Not all elements must be present for an auction to be successful, [...]

Real estate auctions usually have very different terms than negotiated sales. These differences are manifest in many ways, such as cash terms with no contingencies for financing or inspection (prospective buyers must perform all of their due diligence prior to signing the “as-is” contract), a higher required earnest money (often 10% or more), a quick [...]

Auction Management Corporation had a busy year in 2010- we started off the year with the continuation of our apartment auctions, where we sold apartments in Michigan, Indiana, Rhode Island, Alabama, Tennessee, Georgia, Arkansas, North Carolina and Texas. As this series wound down, we embarked on selling closed bank branches in Florida, Washington, New Jersey, [...]

Auction Compared to Brokerage There are many ways in which these two methods of sale are different. Lets examine the two methodologies side by side, to help understand why they are very different sales approaches. In a brokerage situation, the seller lists with the broker. Naturally, the seller wants to get the highest price he [...]

Successful Closings in 1st half of 2010 by AMC – Helping Lenders Move REO off the Books Sold Over $8 Million from January 2010 to June 2010! AMC is turning Non-Performing Assets into Cash in 60 Days! 2010 Sales include: → Apartment Complexes in Atlanta, Indianapolis, and Memphis → Land & Lots in Birmingham, AL; [...]

The copper has been stripped and most of the glass has been smashed at the old showroom of Landmark Chevrolet, closed 2 years ago as part of the colossal bankruptcy of one of the nation’s highest volume dealer. The entire site was once covered with hundreds of cars, multiple showrooms, a huge service facility, and [...]