Archive for March, 2006

Auctioneers Holds Largest Single-Owner Farm Sale in Canada

Wednesday, March 29th, 2006

US Auction News
Press Release
Ritchie Bros. Auctioneers (TSX:RBA)(NYSE:RBA), the world’s largest industrial auctioneer, today announced that it conducted what it believes to be the largest single-owner unreserved agricultural auction ever held in Canada. The auction, held on Friday, March 24, took place near Stockholm, Saskatchewan (in the Yorkton area), and generated gross auction sales of more [...]

Proxibid Facilitates Online Bidding of $5 Million plus in a Single Day

Wednesday, March 29th, 2006

US Auction News
In a brief 6 1/2-hour period, on Saturday, March 18th, Proxibid — the Omaha, Neb.-based firm that provides auction houses with a method for broadcasting live auctions via the Internet — of the $24.5 million in sales, Proxibid posted sales in excess of $5 million, a new record for an online bidding platform.
“We [...]

Estate Agents In Cyberspace

Tuesday, March 28th, 2006

Press Release
With over 1 million of the 1.4 million homes sold in the UK each year being viewed online, how long before the estate agency business goes into deep decline as buyers and sellers deal direct over the internet? Very soon according to IMRG and first4sale.com - who forecast at least 700,000 homes being sold [...]

Koke’e State Park lease cabin auction

Tuesday, March 28th, 2006

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 [...]

Fitzgerald Mansion For Auction

Tuesday, March 28th, 2006

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 [...]

Sydney property Auctions

Monday, March 27th, 2006

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 [...]

Historic hotel in Freehold sold at $2.5Million

Saturday, March 25th, 2006

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 [...]