Real Estate Auctions Keep Growing!

Back in 2005, the words from The National Auctioneers Association stated, “Residential Real Estate Auctions Going Through The Roof”.  The optimistic report was based on the following sales:

2002, $10.2 billion, 2003, 11.5 billion, 2004, 11.5 billion, 2005, 15.0 billion and the projected $30.0 billion for 2010.

Due to the success of eBay, today’s generation is not viewing auctions as a last resort  but as a dynamic, viable, alternative method of marketing.  Realtors® who have had the opportunity to learn how auctions work are no longer treating auctioneers as the “enemy” but as an additional source for marketing real estate. Properties that are in big demand or are unique and difficult to value become prime candidates for auctioning.

In 2006, the National Association of Realtors® appointed the president of the National Association of Auctioneers to it’s board of Directors.  The relationship between the two giants of marketing are working to share research, education and information. 

The similarities between the two methods of marketing are almost identical. The main difference is that all the “subject to” clauses in the typical Realtor® agreement (i.e. due diligence) are exercised before making a bid with the auction method.  Where the Realtor® writes up an avoidable contract the auctioneer says SOLD! and a binding contract is instantly formed.

Once Realtors®, home sellers & buyers understand the differences in the two methods of marketing it becomes apparent that having the choice of either is very beneficial.

We have taken these benefits one-step further by offering both methods of marketing simultaneously. This dynamic method exposes the home in the regular MLS system and if not under agreement by an agreed upon specified, date put up for auction.   Using both methods are a “win-win” for everyone.

The auction is typically with RESERVE, which simply means the seller retains the right to accept or not accept the highest bid. The concept that the home can be “given away” is completely false.

Principle Boston Office

David Berman

Our Promise To provide professional services based on honesty and integrity. To continually enhance our knowledge and skills through active participation in real estate and auctioning continuing education programs.

Experience..

Berman Real Estate and Auctioning Inc. has been marketing real estate since 1965.
During that time it has marketed thousands of commercial and residential real estate properties.

As a member of both the National Auctioneers Association and National Association of Realtors®, Berman is able to work with fellow auctioneers and Realtors® throughout the entire country.

Our years as Realtors® and auctioneers has given us the knowledge and experience to offer a innovative and effective real estate marketing system that combines auctioning with the existing MLS system. It can provide the best possible service from both proven systems at no additional cost.

Other experience includes organizing and conducting personal property, and charity/benefit auctions.

The affiliated, Richard Berman School of Auctioning for Real Estate is accredited by the NH Real Estate Commission for continuing education credits.

Professional Organizations.

• Vice President, New Hampshire Board of Auctioneers
• National Association of Auctioneers
• National Association of Realtors
• NH Association of Auctioneers
• MA Association of Auctioneers                                    
• Greater Manchester/Nashua Board of Realtors
• Toastmasters International

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