NC REAL ESTATE AUCTIONS - NC ANTIQUE AUCTIONS - NC ESTATE AUCTIONS
NCAL# 2750 - NCAFL# 7782 - SCAL# 002067R
Aucton Answers
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- Auction Answers
- Table of Contents
- Why Sell Real Estate At Auction?
- Auction Advantages: Seller Benefits
- Auction Advanatages: Buyer Benefits
- Who is Gary Boyd Auction...?
- What are Gary Boyd's Qualifications...?
- What are the Advantages of Certified Personal Property Appraisals...?
- Why Sell Real Estate At Auction?
- Price: Competitive bidding offers you the opportunity to have all offers presented at one time in a competitive situation and possibly receive more than you would have asked in private treaty.
- Timing: You are able to select your auction date and have the benefit of planning accordingly. No problem with the indecision of considering one offer at a time, double mortgage payments, or commuting to the new job location during the week and coming home on the weeekends while waiting to sell. Your excess personal property can be sold at the same time.
- Planning: You are able to make a commitment for the new house or sign an apartment lease or prepare to move.
- Marketing: By knowing the specific date of the auction, Gary Boyd, Auctioneer, is able to expose your property fully within the specific time period allotted prior to the auction.
- Representation: Gary Boyd, Auctioneer, works as your agent only in trying to arrive at the highest and best price for your property. After the agreement of sale is signed, we represent both parties in an effort to facilitate settlement and completion of the transaction.
- Auction Advantages: Seller Benefits...?
- 1. Creates competitions among buyers.
- 2. Exposes property to a large number of qualified buyers.
- 3. Eliminates high seller carrying costs.
- 4. Bring interested buyers to a point of decision.
- 5. Seller sets terms and conditions of the sale.
- 6. Relieive the seller of netotiation hassles.
- Auctins are an aggressive, advanced marketing program which increases interest in and awareness of a property and maximinzes the sell price.
- Auction Advanages: Buyer Benefits?
- 1. Purchases property at true market value.
- 2. Eliminates long negotiation periods.
- 3. Feels good about the purchase.
- 5. Buyers know Sellers are motivated to sell.
- 5. Favorable financing may be available.
- 6. Buyers set their own purchase price.
- Who is...Gary Boyd Auction?
- We are a qualified Auction Company that thas actively been in service since 1982
- What are Gary Boyd's Qualifications...?
- Personal Qualifications:
- Menendenhall Auction School, 1982
- Mingle Real Estate Institiute, 1990
- Missouri Auction School, 1991
- Certified Auctioneers Institute (CAI), 1991
- Accredited Auctioneers REal Estate Institute
- (AARE), 1995
- Graduate Personal Property Appraiser Porgoram (GPPA), 1997
- Graduate GPPA 201 Course, June, 1998
- Gary Boyd is a member of, and is in good standing with these organizations
- Auctioneer's Association of North Carolina
- (AANC)
- Life time member in good standing.
- National Auctioneer's Association
- (NAA)
- Member in good standing.
- Certified Appraisers Guild of America
- (CAGA)
- Member in good standing.
- Certified Auctioneer's Institute
- (CAI)
- Member in good standing.
- American society of Agricultural Apraisers
- Auctioneer and Appraiser: Eighteen years as auctioneer selling a variety of antiques, fine furniture, estates, equipment, and real property.
- What are the Advantages of certified Personal Property Appraisals...?
- 1. Lincensed, qualified Appraiser:
- 2. Appraisal Purpose Defined:
- a. Estate or Divorce Settlements
- b. Insurance Rider, Tax, etc.
- c. equitable Asset Distribution
- d. Resale
- e. Other
- 3. On-Site Property Inspection:
- a. Photo Inventory (Included in Appraisal Report)
- 4. Professional Written Report:
- a. Governed by Standards and Practices of the Certified Appraisers Guild of America
- b. Compiles with Uniform Standards of Professional Apprailsal Practice
- c. Defensible in Court
- 5. Appropriate Valuation Method Specified:
- a. Fair Market Value (IRS Definition)
- b. Reproduction/Replacement Cost
- c. Sound Value
- d. Going Cncern
- 3. value in eExchange
- f. Liquidation Value
- g. Useful Life, Economic Life
- h. Insurable Value
- g. Usseful Life, Economic Life
- h. Insurable Value
- i. Depreciation values etc:
- 6. Timeline:
- Phase I : Property Inspection
- Phase II : Analysis, Comparables, Research
- Phase III: Certified Rerort Preparation
- PHase IV : Rerport Presentation
- SAMPLE PROVIDED UPON WRITTEN REQUEST
Gary Boyd Auction and Real Estate
P.O. BOX 352, Albemarle , NC 28002
Phone: 704 982-5633 - Fax: 704 986-6484 - Toll Free: 800 438-4057
Email:
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P.O. BOX 352, Albemarle , NC 28002
Phone: 704 982-5633 - Fax: 704 986-6484 - Toll Free: 800 438-4057
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