Articles Tagged with ''Auction''

ServiceLink lures auction talent from RealtyBid

Welcomes Calier “CJ” Russell
In his new role, Russell will be responsible for internal operations as well overseeing ServiceLink Auction’s growing market share by supporting the company’s clients in their loss mitigation and disposition strategies, the company said in a statement.
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Fidelity National Financial acquires Hudson & Marshall

Acquisition will power new offering: ServiceLink Auction
ServiceLink, the provider of transaction services to the mortgage and finance industries, is getting into the auction business thanks to its parent company buying one of the country’s top auction companies. On Monday, Fidelity National Financial, the title insurance giant and parent company of ServiceLink, announced that it acquired Hudson & Marshall.
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Auction.com rebrands as Ten-X, the 'future of real estate'

Company expanding beyond distressed property auctions
Auction.com announced Monday that it is moving beyond auctions and rebranding as Ten-X, which the company says represents its transition into an “online marketplace where buyers, sellers, and the agents and brokers who represent them can easily and efficiently buy and sell high quality residential and commercial real estate.”
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Former Lehman CEO Dick Fuld breaks auction record with ranch sale

Sets new record for most expensive property sold via auction
The sale of a luxury ranch owned by former Lehman Brothers CEO Dick Fuld just set a new record for the most expensive property ever sold via auction. The ranch was expected to fetch $30 million and $50 million, but how much did it actually sell for?
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Auction.com: Are investors growing wary of flipping?

“Buy and hold” strategy becoming more prevalent
Real estate investors interested in making money on a home are becoming less likely to flip the home and more likely to hold the property and rent it out, according to a new report from Auction.com. The likely cause? Oil prices.
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New Orleans planning huge public property auction

City seeks to revitalize blighted neighborhoods
The city of New Orleans is planning to auction of 3,000 tax-adjudicated properties in an effort to revitalize some of the city’s blighted neighborhoods. According to a report in the New Orleans Times-Picayune, prospective buyers will be able to view the properties online beginning March 6 and may be able to claim a property for as little as $3,000.
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Auction.com launches Auction Finance to spur investor activity

Program will provide funding for real estate investors
According to Auction.com, the Auction Finance program will feature lines of credit from $500,000 to $5 million for residential investment, and the funds can be used for “virtually any residential investment property” in California, Texas, Georgia, Florida, Illinois and Washington.
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Deion Sanders’ stunning North Texas home hits auction block

Prime Time’s Prosper mansion was previously listed for $12.9 million
The 29,000 square foot home features 10 bedrooms, 10 bathrooms, a screening room, a bowling alley, an arcade, indoor and outdoor pools, a full-sized football field (complete with uprights), an indoor basketball court with two baskets, a sauna, a barber shop, and the home backs up to an 8-acre lake with a central fountain and private dock.
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RealtyBid names president amid banner year

Long-time employee Jenny Atchley promoted
The announcement comes on the heels of what the company calls “a stellar first half of 2014,” that saw the site’s auction property inventory increase by 49% over the first half of 2013. The site’s property sales in the first half of 2014 grew by 93% over the same time period last year.
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