What Do The Super Bowl And Your Real Estate Have In Common?
FORT LAUDERDALE, FLORIDA December 1, 2007- More than 100 properties will be put up for sale in the first-ever Super Bowl Real Estate Auction on January 27th 2007. Auction USA, a South Florida based Auction firm, will host the event at the Seminole Hard Rock Hotel & Casino. A variety of properties will be sold including condominiums, single-family homes, townhouses, vacant lots, and commercial properties.
“Our primary focus is to serve as the platform between Buyers and Sellers of real estate” says Nicole Hollander, President of Auction USA. “We cooperate with realtors, developers, investors & property owners to move real estate in a declining market.”
With home sales declining more than 30% in the last 12 months, sellers are looking for alternative methods to generate interest in their property. For many, auctions have been their answer. These sellers are highly motivated & often their properties are well-maintained, of high market value & located in some of the most prized location
Be careful of the buyers premium that the auctioneer may charge. It can be upwards of 10% of the final bid in my area. It may be more in florida.