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Interest In Real Estate Auctions Increasing As Large Landowners Forced Into Bankruptcy

Upcoming Ocala Auction Highlights This Trend, Fueling Buyers Market

 
PRLog - Aug. 23, 2012 - As the real estate market continues to fluctuate and force large land owners into bankruptcy, there is a growing trend to use auction companies to facilitate land sales.  In fact, auction marketing has sustained market growth by more than 10% annually, and is projected to substantially increase in the next year in residential real estate auctions alone.

“Many people do have money to invest,” said Tommy Rowell, CEO of Rowell Auctions, Inc.  “Auctions, like the one we are holding in Ocala on August 24, are a great way for people to secure a large scale property.  You can bid on the property in person or on-line.”

Rowell Auctions, Inc. is a 76-year-old company that conducts auctions of all types throughout Florida, Georgia and the United States.  The company is an industry leader in a profession generating over $52.2 billion in real estate sales annually.

The Ocala horse farm up for auction, features a corporate office, a three bedroom, two bath home for guests or a manager, six stall stallion barn, 18 stall custom show stable, 18 stall wooden barn, air conditioned tack room, saddling station and arena, 60’ covered round pen with viewing stand, workshop/garage with three large open bays and two smaller bays with garage doors, gated entrance, two wells, and two ponds.  This is the largest property in the region that Rowell Auctions is taking to auction in August.  

“Auctions are expedient, cost effective and can attract increased attention to a property. Sellers can get more money than expected if a sale gets competitive,” said Rowell. “Although, there isn’t one method for selling a property, the trick is finding the right method for a particular property.”

Unique types of property are difficult to determine value.  Auctions give bankruptcy courts, banks, government agencies and private sellers a way to seek fair market value through competitive bidding.

Interested buyers should register as a bidder with Rowell Auctions, Inc. and read over terms and conditions by logging on to www.rowellauctions.com.  The live auction will take place on August 24 at 11:00 a.m. This property is located at 12871 South Highway 475, Ocala, FL 34480.

About Rowell Auctions, Inc.
Established in 1936, Rowell Auctions, Inc. has provided clients with the most comprehensive marketing services and a reputation for integrity for more than 76 years. The company’s auction marketing professionals sell real estate and other substantial assets throughout the nation with online internet auctions and live auction events. Rowell Auctions, Inc. is now based in Moultrie, Georgia with a professional and licensed team that conducts auctions throughout the United States.

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Contact Email:
***@uprightmarketingsolutions.com Email Verified
Source:Upright Marketing Solutions
Phone:561-601-5566
Zip:33433
City/Town:Boca Raton - Florida - United States
Industry:Real Estate
Tags:Real Estate Auction, investment, bankruptcy
Shortcut:prlog.org/11957177
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