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An estate sale may also occur because the property owner will be moving or has moved into a new residence where they will be unable to keep their property, such as an assisted living facility, a retirement community, a rest home, or the home of a family member, or in the event of divorce, foreclosure, or relocation.
It was conceptualized to hold auctions for high-priced real estate between a seller and a group of buyers. Local real estate agents receive 5-6 percent sales commission and Concierge Auctions charges 12 percent to buyers. Auctions range from $2 million to $100 million, but have an average of about $4 million. [10]
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Mecum Auctions, Inc. is an American auction company specializing in collector cars and motorcycles. It was founded by Dana Mecum in 1988, and was originally based in Marengo, Illinois . Since 2011, it has been headquartered in Walworth, Wisconsin .
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Auction Network is a 24-hour [1] Internet and cable television channel that allows viewers to participate remotely in auctions taking place throughout the world. Viewers become “virtual bidders” in live auctions of items, including automobiles, collectibles, million dollar thoroughbreds, art, wine collections, and sports and celebrity memorabilia, among other things, with a portion of ...
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