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Business is BOOMING! November 21, 2006

Posted by AlynnROCK Group in Auction News.
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auction-11-4-06.jpg 

WOW!  What a ride it’s been in the Pacific Auction Exchange office these last two weeks!  Thanks to TransparentRE for mentioning the article written in the Contra Costa Times about our November 4th Auction!  We were honored to be featured on the FRONT PAGE of Northern California’s second-largest newspaper.  See, that word “Auction” really is like a big spotlight on a property!

With 100+ people coming through 4 hours of Open Houses and 7 registered bidders (there would have been 9, but one came with a personal check instead of the required cashier’s check….and the other one drove up two minutes after the auction started) it was a total success for everyone!  Our seller paid off their mortgage with an extra $35K in their pocket!  Our buyer got a fantastic deal!  And, the referring agent along with the buyer’s agent will both get a nice commission check at the close of escrow!  WOW!  The photo at the top of this article is from that auction – SOLD in FOUR MINUTES!

And, right behind that auction we have a HUGE auction for 11 vacant residential parcels scattered throughout California.  They are listed on a special website we created just for that auction.  It’s an Absolute Auction – so the lots will be sold to the highest bidder…no matter what the price.  Someone’s going to get a STEAL and it’s going to be so much fun!!!

So, that’s where I’ve been….working hard closing one auction, prepping for another, and qualifying some more sellers who need that quick, time-defined sale.  Stay tuned for more info on upcoming PAX auctions!

HAPPY THANKSGIVING!

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