Auction industry featured in Donald Trump’s new book. OVERLAND PARK, KAN. - NAA members are featured contributors to real estate mogul Donald trump’s new book, “The best Real Estate Advice I Ever Received”. 100 Top Experts share Their Strategies”. Published by Rutledge Hill Press.
NAA Bulletin. 10/31/2006: “Real Estate auctions have continued to receive extensive media coverage by major mainstream media outlets. Third quarter results show residential real estate auctions increased by 5.9 percent.” Note: (This is in contrast to the estimated 10 percent, or greater, slowdown in residential real estate sales many areas are now experiencing.)
Auction World Oct. 2006. “Florida Auctioneers swamped with calls to sell real estate.” Nationally residential real estate auctions are the fastest growing segment of the U.S. auction business, According to the NAA. Last year, auctioneers sold $14.2 billion worth of homes, up 8.4 percent from the previous year”.
The Palm Beach Post. 10/30/2006. “going…going…Auctions are becoming a more popular way to sell real estate, but few understand the nuances”. “Auctions the wave of the future” A multi-page article by Jeff Ostrowski was very enlightening. See their blog at PalmBeachPost.com/business.
New Hampshire Union Leader. 11/4/2006. “Home Sales down 18 percent from January to September 2006 and average price remained flat” See article DRAMATIC DROP by Nancy Foster, Union Leader Correspondent. According to NNEREN, The Realtor® MLS, 1,173 homes were sold in September of 2006 compared to 1,612 sold in September of 2005. A 27 percent drop for that month.