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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]
Bid4Assets, established in 1999, was the first online real estate auction website to operate in the United States. [1] [2] The company auctions distressed real estate and personal property for private investors and federal and local government. [3]
houses under 200k home for sale in concord nc Dream ranch: $140,000, 146 Hillside Ave. SW, Concord, NC 28025 Located just north of Charlotte, NC , this two-bedroom, one-bath ranch on a corner lot ...
[1] [3] Some barndominiums double as both a residence and as a place of business. [2] A similar style is the shouse (workshop plus house). [4] The term barndominium was originally coined by Karl Nilsen, who was a real estate developer in Connecticut. Barndominium is derived from using a combination of the words barn and condominium. [5]
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Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...
An estate agent conducting an auction of real estate in Melbourne, Victoria, Australia In some countries, such as Australia , auctioning is a common method for the sale of real estate . Auctions were traditionally used as an alternative to the private sale/treaty method to sell property that, due to their unique characteristics, were difficult ...