New guidelines to be issued by the Real Estate Institute of Australia will outlaw rental auctions and ban the use of a rental price range in advertising.
Victoria yesterday become the first state to introduce the measures, described by the Real Estate Institute of Victoria as necessary to ensure that transparent and fair processes were in [...]
Foxtons has become the latest estate agency to attract the attentions of 3i, the stock market-listed private equity group. 3i is preparing to join an auction for the London agent this week, a month after its failed backing for a £970m management buyout at Countrywide.
Foxtons, founded by entrepreneur Jon Hunt in the early 1980s, had [...]
The world headquarters of auction house Sotheby’s is now open to bidders. The 470,000-square-foot building (pictured), located on Manhattan’s Upper East Side, is being put up for sale by its owner, RFR Holding L.L.C.
A report by Lois Weiss in The New York Post today cited a probable sale price of somewhere near $500 million for [...]
Property on Richmond Lake will be auctioned off, city officials decided Monday.
The land, jointly owned by the county and city, is on the north-central part of the lake.
Last week, City Attorney Adam Altman met with the Brown County Commission to convey the city’s desire to sell the piece of property, after a short executive session [...]
The auction is being conducted by Sperry Van Ness Fisher Auction Co. Inc., a Pompano Beach-based auction house. And it’s being held exclusively online, through Friday . All necessary information for potential bidders can be found at www.fisherauction.com.
“Auctions are a beneficial way to sell a property,” said Louis B. Fisher III, principal owner of [...]
Sutton Kersh saw a 20% rise in the total revenue raised from its auctions last year compared with 2005, with sales totalling more than £37m.
Director, James Kersh, said:
“A large proportion of this increase can be attributed to the significant rise in the number of failed buy-to-let commercial and residential properties which are now being offered [...]
Press Release
Home sales are skidding into decline putting hungry buyers on the fast track to find a treasure trove of bargains at private foreclosure auctions. Foreclosed properties owned by lenders, known as real-estate owned (REO) can often be purchased at significant discounts because lenders want to sell the properties quickly to reduce carrying costs.
Hudson & [...]
