Land Auctions in Jacksonville, Florida
brings lower than expected bids.
Jacksonville MultiProperty Commercial Auction
Even with a crowd of around 120 and
over 30 registered bidders that produced cashiers checks to have the
right to bid at this land auction. The bidders were well qualified
and they were ready to pay cash. Bid started slow with the Auctioneer
asking for nine hundred thousand for any opening bid and dropped all
the way to 10,000 to start the bids. There is just an air of
uncertainty when it comes to the Commercial Real Estate Market and
the Real Estate Auction in Jacksonville showed the interest but only
for today’s market prices. The Land Auctions were well advertised
and achieved over four major press releases. The paid placement of
ads in major newspapers was well placed and there was a massive
approach with online ads, email blasts, and aggressive banner ads in
the most visible Internet sites such as UnitedCountry.com.
Real Estate Auction Jacksonville Florida
Internet
landing pages and featured article at
MyersJackson.com
brought attention to all the properties. Two
properties sold and closed prior to the land auctions and another
contracted the day prior to taking bids at the live real estate
auction in Jacksonville. The Jacksonville Real Estate Auction was the
largest of any land auctions in many years with over 40 million in
Real Estate up at Auction. The bidders filled the room and with as
many spectators the Auction was on and starting at ten o’clock with
the opening terms and conditions and the auctioneers opening
announcements detailed the procedures and order the properties were
to be sold. By the end of the Auction out of 33 properties there
were 27 that had bids and offers to purchase. Multiple contracts were
written and presented to the sellers for confirmation. Results as of
today are still pending and awaiting confirmation.
Condo for Sale Auction Jacksonville
Overall the land
and real estate auction produced a great number of buyers who are
willing to spend money to buy real property. Myers Jackson is a
member of the Certified Auctioneers Institute and sells Real Estate and Land at Auction through out
the United States. As a Real Estate Auction Specialist Myers Jackson
has sold thousands of acres of land only at auction. Call a certified
Auctioneers to get the most from the sale of your property.