Clyde Hill - Washington - Luxury Custom Estate - Online Auction

Online Auction at Oresy.com

3431 96th Ave NE, Clyde Hill, WA 98004

Starting Bid $1,500,000.

Auction Ends on January 20. 2012 at:   10:00 AM US Pacific Time.
SELLER RESERVES THE RIGHT TO ACCEPT OR REJECT THE HIGHEST BID!




A truly spectacular custom built home.

Whisper quiet inside and out, in this no expense spared European masterpiece. If you love luxury and privacy in the finest area of Washington, this is your best bet. Once you get past the gated entrance, the premises welcome you to an unforgettable experience of comfort, luxury, privacy, all while offering you every amenity that a 5 star hotel has to offer and even more. Recently completed, 6000 square foot Private Estate in Prime location of Clyde Hill.

For more information visit: Oresy.com

St John U.S. VIRGIN ISLANDS - 19+ acres OF PRIME WATER FRONT - Online Auction

Online Auction, Starting Bid: $4,500,000.
Auction Ends on January 16. 2012 at 11:00 AM U.S. Pacific time.
Seller reserves the right to accept or reject the highest bid
JUST OVER 19 ACRES OF PRIME WATER FRONT AND HILL TOP VIEWS WITH INFRASTRUCTURE IN PLACE ON THE ISLAND OF ST. JOHN.
For more information visit: Oresy.com

Guess What's Up - Social Networking & Real Estate Auction Portal

GuessWhatsUp.com - State of the art network platform with more features and options for its members than any other social networking site. GuessWhatsUp.com also offers an online real estate & real estate auction portal.

Online Only Auctions

Time & People

• in the last year, people spent a average 6 hours a day online
• 640 Million PC's in the world being used by 1.4 Billion people
• 7 out of 10 people in developed countries are on the internet
• 35 billion internet enabled devices in the world at the moment (how many do you have?)
• This equates to 5 devices per person within the planet

Online Only Auctions

• In the last year, social networking increased 82%
• By 2015, everybody is going to be using FB or Social Media as their top mechanism for communication
• 2/3 of the worlds internet population are social networking...which means they are online, so if your auction is online you just might be able to reach some of them
• 92% of 15-19 years olds are using Social Networking sites like FB
• Greatest growth on FB last year was the 35-49 year olds

So, do you think that auction buyers are online???
Have real estate for sale? Give us a call!!!
George Avram
Broker/Owner/Real Estate Auctioneer
Continental Realty Inc.
16 Crow Canyon Court Suite 100
San Ramon CA 94583
DRE# 01422589
925-548-5461
www.24by7bid.com

Spain - Cordoba - Luxury Country House - Online Auction

***Online auction at: www.oresy.com*** Starting bid at: 299,000 EURO.
You can register and place a bid at any time during the auction process before the end date.
Auction ends on December 19. 2011 at: 11:00AM Spain Time.
Seller reserves the right to accept or reject the highest bid!

A BUYER'S PREMIUM OF TWO POINT FIVE PERCENT (2.5%) OF THE SUCCESSFUL BID WILL BE USED TO ESTABLISH THE FINAL CONTRACT PRICE BY ADDING THE PREMIUM TO THE SUCCESSFUL BID.

 

This prestigious property has been designed in the style of a luxury country house and completely refurbished and tastefully decorated to a very high standard. The property is well maintained and has top quality furnishings, fittings and furniture which is included in the sale.
For more information visit: Oresy.com

Why online real estate auctions?

Why online auctions?

Real estate auctions are one of the fastest-growing forms of Real-Estate Marketing. If you are a Seller who wants to move your property at an accelerated pace, and to earn true market value in return, then the Auction Method of marketing may be for you. If you are a Buyer who wants to make a smart investment at fair market value, and is tired of endless negotiations with unresponsive sellers, then the purchase of properties at Auction will work for you.
Until recently real estate auctions, unlike art and antique auctions, have experienced unfounded negative images in the market place. The majorities of auctions today don't result from foreclosure or distress situations, but rather are the result of a seller choosing a cost-effective, accelerated method to sell a property. Auction is truly a win-win situation: sellers obtain immediate cash and buyers purchase properties at fair market value, the price determined by open, competitive bidding.
Online Real Estate Marketing is an innovative and effective marketing tool which can be profitable to sellers and buyers, alike. In fact, under the right circumstances, online marketing can be the most effective way to accelerate a property sale and establish the property's true market value.

Nicaragua - Pochomil - Magnificent Beach House - Online Auction

Online auction*** Starting bid at: $249,000.

NO BUYER'S PREMIUM - COMMISSION PAID BY THE SELLER!

You can register and place a bid at any time during the auction process before the end date at Oresy.com.

Auction ends on December 21. 2011 at: 11:00AM Managua Nicaragua Time and at: 10:00AM USA Pacific Time.

Seller reserves the right to accept or reject the highest bid!

The house is uniquely designed with much emphasis given to the beautiful weather and outdoor living. For example there is a 9 ft. privacy wall around the property with an electric gate on the ocean side. There is a swimming pool and Jacuzzi that affords you the view of the ocean or privacy and you can watch TV or a movie while swimming. Outdoors there is a kitchen and separate living room, a full bath, washer and dryer room, a gazebo style dinning area with a custom made picnic table, a little park area with a stone bench surrounded by plants and greenery, a trellised area with a water fountain and gold fish facing a cozy seating area, an elevated sun deck, two cabanas (small house with loft on second floor), care takers home, storage area and a covered parking area. In addition there is sky TV, Internet with private tower and router, several back up water systems, power generator guaranteeing electricity to all buildings, a remote control system that opens the gate onto the Pacific Ocean and loads of beautiful plants and flowers. There are a total of six full baths and a rinse off shower. The main house has two floors facing the ocean with large decks both upstairs and downstairs. You can actually see the ocean from your bed.

For more information visit Oresy.com

Real Estate Auction Software

http://www.oresy.com is an International Real Estate Portal which was created for professional real estate auctioneers, and real estate agents and brokers. You can conduct online real estate auctions on oresy.com for FREE. No sign up charges, no per listing charges. Oresy.com is a free International Real Estate Portal with great features for online auctions like: auction auto-extend, email notifications, Syndication, Verified bidding, Buy now function, and..worldwide exposure for your auction.
Oresy.com also offers auctioneering consulting, marketing and auction systems (not just for real estate) for those who wish to have their own online real estate auction portal, customized to their own company and country.

Happy Thanksgiving

Happy Thanksgiving!

George Avram

Broker/Owner/Real Estate Auctioneer

Continental Realty Inc.

16 Crow Canyon Court Suite 100

San Ramon CA 94583

DRE# 01422589

925-548-5461

www.24by7bid.com

Condo for sale at auction - Hayward - California -USA

Check out this property offered at auction on GuessWhatsUp Real Estate.
24219 Santa Clara St. Hayward, CA 94541
Online Auction
Starting bid: $49,000
High bid subject to seller's approval.
Auction ends December 06, 2011 at 10:00am
For preview dates, terms of the auction, and more nformation visit: Oresy.com
Property listed by:

Michael Chaney *REALTOR
Prudential California Realty
3811 E. Castro Valley Blvd.
Castro Valley, CA  94552
Ph.      (510) 782-8511
E-mail: chaneym@aol.com
DRE #: 01146388

What to look for in an online auction provider

What to look for in an online auction provider

Of course every online auctioneer notifies you when you’ve placed a bid, been outbid by another buyer, or won an auction. It should also notify you if you didn’t win an auction, and provide the complete bidding history for review. But Oresy.com believes real estate auctions online have several special requirements:

●     The extension of the auction by a few minutes if a bidder drops a last-second high bid so that all bidders can place their final bids. In other words, nobody can “steal” a house by topping the current bid by a dollar. For the seller, this means you will realize a higher price; for buyers, this discourages “gaming the system”.

●     Once a bidder has placed a bid in an auction, the system must notify them as higher bids are placed and provide an opportunity to outbid the current highest bid. Since most buyers are away from their browser for much of the auction, this helps keep bids flowing so that the maximal value of the property can be reached by the bidders.

●     Automated bidding. In other words, you can bid $200,000 to place the highest bid, but you can also specify a maximum bid that’s even higher. If you enter $250,000 as your maximum and nobody outbids your offer of $200,000, you win at that amount. If another bidder offers $210,000, a slightly higher bid will be placed on your behalf. This continues until another bidder offers more than your maximum or you have won the auction.

●     The process of creating a property listing must be self-explanatory, including the posting of an unlimited number documents and multimedia files, such as photographs, reports, and disclosures. The multimedia is crucial marketing: it’s based on these that prospective buyers will decide to visit the property in person before the auction.

Why sell real estate at auction?

Why selling at auction?

• Real Estate Auction offer the seller another option.
• Auctions create competition among buyers. Consequently, the Auction price can exceed the price of a negotiated sale.
• An Auction generates excitement and heightens buyer interest.
• An Auction creates the most exposure in the shortest period of time and accelerates sales.
• Requires that potential buyers be registered and qualified with certified funds on the day of the Auction.
• Eliminates high seller carrying costs -- such as interest, taxes, and maintenance.
• Eliminates high seller carrying costs -- such as interest, taxes, and maintenance.
• Auction is a true market forum.
• A seller can plan and select the date they want to sell. They control the sales process.
• A seller sets the terms and conditions of the sale while maintaining control of the property throughout the Auction.
• Auction eliminates numerous and unscheduled showings.
• Auction takes the seller out of the negotiation process.
• Auction is an aggressive, advanced marketing program that increases potential interest in and awareness of a property.
• A seller is able to obtain liquidity, free up capital and move on to other investments or property decisions. 

Wish to find out more about real estate auctions? Wish to network with other real estate auctioneers? Join the Real Estate Auction Global Network Group

How do real estate auctions work?

How do auctions work?

There are three types of auctions in our system: Absolute, Minimum bid and Reserve. Each of them is discussed in details below.

Absolute auction (or auction without reserve)

• The property is sold to the highest bidder, regardless of the price.
• Since a sale is guaranteed, buyer excitement and participation are heightened.
• Generates maximum response from the market place.

Minimum bid auction

• The auctioneer will accept bids at or above a published minimum price. This minimum price is always stated in the brochure and advertisements and is announced at the auction.
• Reduced risk for seller as the sales price must be above a minimum acceptable level.
• Buyers know they will be able to buy at or above the minimum.
• The seller may, however, limit interest in the auction to only those buyers willing to pay the minimum bid price, and therefore it must be low enough to act as an inducement rather than a hindrance.

Reserve auction (an auction subject to Confirmation)

In this scenario, the high bid is reduced, in effect to an offer not a sale. A minimum bid is not published, and the seller reserves the right to accept or reject the highest bid within a specified time—anywhere from immediately following the auction up to 72 hours after the auction concludes. Sellers predetermine the price at which the property will be sold and are not obligated to confirm a sale other than at a price that is entirely acceptable to them. The main disadvantage of a Reserve Auction is that prospective buyers may not invest time and expenses of due diligence when there is no certainty they will be able to buy the property even if they are the highest bidder.

Wish to find out more about real estate auctions? Wish to network with other real estate auctioneers? Join the Real Estate Auction Global Network Group 

Online Real Estate Auctions

Online Real Estate Auctions

Internet technology changed the way most companies around the world are doing business today. The same technology has also changed the real estate and auction industry. Not too long ago, auction companies conducted only live auctions. Bidders had to be at the auction location at a specific time and date in order to physically bid on the property. If they were a minute late, they missed the chance to register and bid. Once the auctioneer declared the auction open, nobody else could enter the bidding process. Other factors, such as adverse weather conditions, could also hinder the process of a live auction. Later, live auctions improved with the introduction of online technology, which allowed bidders to bid on a property without being present at the auction location. The auctioneer could call out the bids and, at the same time, monitor the computer screen for bids received through the Internet. Again, however, even in this scenario, if you missed the date and time of the auction, you missed your chance to buy the property. The concept of online auctions has, therefore, represented a huge breakthrough for the auction industry. Online auctions eliminate the hassle associated with conducting the actual auction in front of the property on a certain date and time. The online auction is simply conducted online for a set period of time. During this time, bidders can place their bids, online, any time they desire, from the comfort of their home or office. There is no longer a need for an auctioneer to calls. The auction website acts as the ‘auctioneer’.

Need to learn more about real estate auctions? Join our Real Estate Auction Global Network Group

Guess What's Up - Social Networking & Real Estate Auction Portal

GuessWhatsUp.com - State of the art social networking platform with more features and options for its members than any other social networking site. GuessWhatsUp.com comes with an online real estate auction portal.

Real Estate Auction Software

Oresy.com is an International Real Estate Portal which is free to use and was created for professional real estate auctioneers, and real estate agents and Brokers. Oresy.com also offers real estate auction systems at unbeatable prices for those who wish to have their own online real estate auction portal, customized to their own company and country.

Auctions: The Past, Present and Future

Auctions: The Past, Present and Future

“Auction” derives from the Latin word “Auctus” which means “increasing”.

Babylon  500 B.C.

The First Auctions

•          Women were auctioned off as wives

•          The descending method of sale was used

•          Returns were allowed

•          Dowries and other offers were added for less attractive women

•          It was considered illegal to allow a daughter to be “sold” outside of the auction method

Rome 30 A.D.

•          Rome was the first nation to license auctioneers.

•          Marcus Aurelius sold family furniture at auction to satisfy debts.

•          Roman soldiers sold war plunder at auction.

•          The “Magister Auctionarium” drove a spear into the ground to start the auction. Today auctioneers use a gavel to start auction.

•          One of the most significant historical auctions occurred in the year 193 A.D. when the entire Roman Empire was put on the auction block by the Praetorian Guard.

•          On March 23 the Praetorian Guard first killed Emperor Pertinax, then offered the empire to the highest bidder.

•          Didius Julianus outbid everyone for the price of 6,250 drachmas per guard.

•          This initiated a brief civil war and Didius was beheaded two months later when Septimus Severus conquered Rome.

Stockholm Auction House

•          Founded in 1674, Stockholms Auktionsverk is the oldest auction auction house still in business.

•          Founded by Baron Claes Rålamb

England

In some parts of England during the seventeenth and eighteenth centuries auction by candle was used for the sale of goods and leaseholds.

The auction began by lighting a candle after which bids were offered in ascending order until the candle sputtered out. The high bid at the time candle extinguished itself won the auction.

Post French Revolution

At the end of the 18^th century, auctions came to be held in taverns and coffeehouses to sell art.

Auctions were held daily and catalogs were printed to announce available items. Many considered the auction catalogs art in themselves as they were very elaborate and detailed.

Sotheby’s Auction House was founded in 1744

Christies Auction House was founded in 1766

Pilgrims 1600s

Popular Early American Auction Items

•          Crops

•          Imports

•          Livestock

•          Clapboard

•          Tools

•          Slaves

•          Tobacco

•          Fur

•          Farms

America’s first president, George Washington, was an avid auction buyer.

Civil War Era

•          Colonels auctioned off the spoils of the war

•          Only officers of the Colonel rank could conduct auctions of war plunder

•          Today, Auctioneers are commonly referred to as “Colonel”

1900s

•          Auctions schools start to open in America

•          The Jones’ National School of Auctioneering and Oratory is believed to be the first American auction school

Great Depression

During the Great Depression auctioneers traveled the country to liquidate the estates of farmers whose farms had failed because of drought and bank foreclosures.

1950s

•          The sale of goods and real estate by the auction method of marketing was booming

•          The need for real estate and personal property to be sold faster than the private market moved auctions to the forefront and the modern auction business was born

•          Auctioneers began to be linked to banks, attorneys, accountants, the court system, and government agencies to liquidate property, seized assets and surplus property

Auctions Today

•          The live auction industry continues to grow in the United States and if it can be sold, its been sold at auction.

•          In 2002, the auction industry sold $195.3 billion in goods and services. In 2008, $268.5 billion was sold at auction!

•          The fastest growing sector of the live auction industry is real estate. Residential real estate is the fastest with total gross sales increasing 47.7% between 2003-2008.

•          The largest sector is automobile auctions with $83.1 billion sold in 2008. 

Technology

•          Today’s auctioneer uses a variety of media (i.e. print, billboards, Internet) to reach both buyers and sellers

•          With the launch of eBay in 1995, auctions have flourished both live and online

•          Auctioneers today use the Internet to both market their auctions, as well as host live, streaming video of auctions where bidders can bid from their computers

Entertainment & Auctions

•          In addition to advances in technology and popularity of eBay, auctions are also gaining popularity in mainstream media

•          Popular television programs like Pawn Stars, Antique Roadshow, Cash in the Attic, Bargain Hunt, Houses Under the Hammer and Flip That House have both entertained and educated consumers about the many benefits of buying  and selling at auction

                                          SOLD!

(National Auctioneers Association)

George Avram

Broker/Owner/Real Estate Auctioneer

Continental Realty Inc.

16 Crow Canyon Court Suite 100

San Ramon CA 94583

DRE# 01422589

925-548-5461

www.24by7bid.com