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The National Auction Association (NAA), founded in 1949, is an advocacy group representing auctioneers, auction businesses and related companies that seeks to promote the auction method of marketing and the practice of auctioneering in the United States. Its headquarters is located at 8880 Ballentine, Overland Park, Kansas, 66214, USA.
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]
The Downtown Neighborhood is a neighborhood in Albuquerque, New Mexico, located between Downtown and Old Town. It is sometimes known as the Fourth Ward based on Albuquerque's former system of political wards. The neighborhood is a mostly residential area consisting largely of single-family dwellings in various sizes and styles constructed ...
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The Reppert School of Auctioneering was founded in 1921 by Col. Fred Reppert of Decatur, Indiana.Fred Reppert started in the auction business as a young boy and quickly rose to the top of his profession, selling auctions in every state of America, and in every province of Canada and Mexico.
It is located one block south of Central Avenue, just west of Downtown. Park Plaza was constructed in 1963–4 at a cost of $2.5 million. With 144 one- and two-bedroom luxury apartments, it was the largest apartment complex in Albuquerque at the time and was described in a contemporary advertisement as "the Southwest's most beautiful and modern ...
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