Auction School of Real Estate
(Division of
Continental Auctioneer Schools, Mankato, MN)
Launches
State of the Art Real Estate
Auctioneer / Agent Training
In Foreclosures, Short Sales and
REOs.
The national
inventory of homes for sale is at an all time high, and one in seven
homes in this country is actually sitting empty with holding costs
that are killing. Prices are tumbling and there is no relief in
sight.
Foreclosure rates
are soaring, and as those owners are kicked out of their homes,
these homes are sitting empty with conventional (trying to sell it
slowly over the next several months or years, or maybe never) “For
Sale” Real Estate Signs. Meanwhile, more than (1) one trillion in
adjustable rate loans with kick mortgage payments higher for tens of
thousands of owners, which will push foreclosure rates even higher
as people simply walk away from their over priced homes.
According
to a recent investment banker report, today there are 17.4 million
vacant homes in the country. That means there are more vacant homes
in the U.S. than at anytime since records have been kept. Now, as a
result too few buyers are facing too many homes, the rate of price
reduction has been accelerating and will continue to get even worse.
Real Estate experts are predicting as much as a 50% decline or more
from today’s current inflated prices. There is little doubt that
homeowners must lower their price expectations if they want to sell
their real estate or use the real estate auction method which does
not limit the price. We use the increasing method versus the (price
reduced) method.
For real estate
licensees the number of closed transaction had just about come to a
dead stop. This current environment creates a unique opportunity for
real estate auctioneers in representing sellers of these homes.
Auction
School of Real Estate (Division of Continental Auctioneer Schools)
Mankato, Minnesota has created an exclusive training program
exclusively for attendees to give them the specialist knowledge and
expertise needed to advise clients and market these properties at
auction.
Executing
transactions on these properties at auction requires more knowledge
and complexities than conventional real estate sales. Our program
will give real estate auctioneers the understanding of the short
sales and foreclosure process, as well as how to build relationships
with financial institutions. It will teach you how to provide
Auctioneer Price Opinions (APOs) as well as how to advertise, market
and close these sales by identifying the buyers willing to pay the
highest price in today’s marketplace by being able to offer the real
estate auction option. Banks, mortgage companies and sellers will
require this expertise. This class is designed to fully prepare
auctioneers and agents with real estate auctioneer training to
handle this complex business in the most professional and time value
of money efficient manner. In order for you to be the best advisors
to your clients, you need to be the best trained. By being the best
trained, you will develop lasting relationships with institutions
that will earn you additional business for years to come.
Our
objective is to have you fully qualified to take advantage of this
real estate problem niche as quickly as possible so that you have
the real estate auction advantage and are able to offer your clients
another option, such as a quick sale, attracts attention, freezes
the market, creates an urgency to buy, and best of all the seller
does not have to pay the commission, we charge the commission to the
buyer, it is called a buyers premium. Your sellers can name the day,
time, place of the real estate sale and the date of the closing. Of
course these properties are sold without contingencies such as
financing or subject to the sale of another piece of property. One
more, the seller pays the marketing costs! Isn’t that great?
Until now, the
number of real estate auctioneers with any kind of training in
handling short sales, foreclosures, and REOs has been non existent.
Demand for this expertise is rising and will continue for years and
years to come. There has never been a more opportune time for real
estate agents and real estate auctioneers to learn how to work this
area successfully for the ultimate benefit of the consumer and their
own personal production. You need to distinguish yourself by taking
our course and perfecting the skills required. It will add value to
your core real estate auction business if you do.
This four-hour
portion of Auction School of Real Estate Training “Foreclosures,
Short Sales and REOs” is now offered exclusively to attendees
attending Continental Auctioneer Schools. We encourage you to take
full advantage of this special opportunity to grow your business and
become a real estate auctioneer expert. Give Rich Haas a call today
and get registered for our next class. (507) 625-5595
