US Auction News
A state legislator wants the state Department of Land and Natural Resources to cancel its plan to auction off 103 cabin leases in the Koke’e State Park as a way to allow longtime lessees to keep their cabins.
House Rep. Brian Schatz, vice chairman of the Water, Land and Ocean Resources Committee, which oversees the state agency, said he will propose a resolution to have DLNR pull back on it auction plans.
If the DLNR is not responsive to a resolution, Schatz said he will propose legislation requiring DLNR to …

US Auction News
A piece of American history is hitting the auction block on Tuesday. The Boston Globe reports that the summer home of Mayor John F. “Honey Fitz” Fitzgerald, the father of Rose Kennedy will be auctioned off through Commonwealth Auctions. The house, located in the town of Hull was sold by Honey Fitz in 1921 but J.F.K. did spend the first summer of his life there.

Auctions, especially on-site, were once considered Sydney’s best live theatre – neighbours could watch hopeful buyers bid for the honour of paying record high prices during Sydney’s biggest property boom.
A depressed housing market, record low clearance rates and more transparent auction rules, however, have turned things around and now buyers are increasingly the big winners in the live action.
What’s more, the threat of a house being tainted by a failed auction and longer marketing times are making the whole spectacle more attractive to bargain hunters.
“The mood at the moment is …

US Auction News
A Manalapan businessman bought the American Hotel property and liquor license for $2.5 million in a bankruptcy sale Thursday.
“I believe in the commercial viability of this town, the economics of this area,” said Steven Goldberg, 52, who owns a health-care provider business.
Goldberg, who owns the Young at Heart adult day-care centers in Brick and Jackson, said he was “not ready to discuss” plans for the now-closed landmark of the downtown in the Monmouth County seat. Borough Attorney Kerry E. Higgins added that Goldberg had said he has no …

Auction News
Press release
Bargain hunter portal (GovernmentAuctions.org), which is a division of Cyweb Holdings Inc., announces that it has upgraded its popular affiliate program to a 2-tier commission structure with the intent of generating increased affiliate sign-ups, payouts and revenue.
“The upgrade to GovernmentAuctions.org’s affiliate program is intended to increase affiliate payouts by allowing current and new affiliates to make commission not only from sign-ups directly referred by them, but also from signups generated by subaffiliates,” reports Cyweb Holdings Vice President Michael Pesochinsky. “Heretofore, our affiliate program was already an extremely easy …

US Auction News
Seventy-two residential housing lots and the executive house at the Highlands Plantation Golf Course will be auctioned at noon Friday.
Property owners of the land hope to sell the property in the auction, allowing them to begin developing more than 200 acres of undeveloped land south of Highway 182.
Highlands Plantation includes about 100 residential houses and a dozen duplexes along an 18-hole golf course. The development also has 70 rental houses located along High 82.

THE Government is encouraging auctioneers to form a national association and standardise their fees to ensure growth of the industry.
Currently, fees vary state by state and an auctioneer licence is given by local councils of the various state Governments.
In the Klang Valley, auctioneers charge a flat RM2,000 for every transaction while in Johor, the fee is 0.5 per cent of the selling price of the asset being auctioned. In Penang, it is 2 per cent.
“The discrepancy in auctioneers fees charged in different states makes it difficult to promote buying of …

US Auction News
On April 1, Roebuck plans to use Web cameras, laptop computers and a 71-inch flat screen television to auction off 19 Florida properties to bidders in Destin and Memphis simultaneously.
The process is an electronic offshoot of Roebuck’s auction center concept, in which the company holds a regular live auction for multiple properties at its 4932 Park Ave. building once a month. The auction center approach sells several properties back-to-back, often in just an hour to an hour and a half.
The company is expanding this concept to include properties …

US Auction News
More than 40 homes, most in the $40,000 to $55,000 range, will be offered for sale at auction at 10 a.m. March 31 at the Z-Technology Center in the Hank Aaron Stadium Complex, 755 Bolling Brothers Blvd., according to Jonathan Keith, an associate broker at Keller Williams in Mobile.
“It’s an opportunity for first-time investors to take advantage of what our market has to offer,” Keith said. “We hope to sell 95 percent of the properties.”

The Lands Department will study a suggestion to supply small-sized commercial sites through auction or tender Director of Lands Patrick Lau says, adding the Application List System is market-driven – and here to stay.
Speaking on a radio talk show, Mr Lau said property developers must consider a number of factors, such as development strategy, before submitting land-sale applications. Therefore, the developers’ accusation that the lack of land-sale applications in recent months was mainly attributable to a high land-price policy is unfair, he added.
Mr Lau pointed out Government and private surveyors …