Taking the Presidency

Spanky07 jd 0024

"Auctioneers from all over the world came to Addison, Texas July 14-18 for the National Auctioneers Association’s annual Conference and Show, and I couldn’t have been more proud of the way my colleagues from throughout Texas came through in hosting this massive event."

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Tom “Spanky” Assiter in the Texas Monthly

Auction

A great article written about our own Spanky Assiter a while back. We posted it today, because we think it's still valuable information.

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Spanky Assiter ready to take on National Auctioneers Association presidency

Spanky Assiter

CANYON, Texas, May 15, 2015 /PRNewswire/ -- As the vice president of the National Auctioneers Association, Canyon's Spanky Assiter has had one of the most demanding jobs in the industry. Now, the real work begins, as he accepts the gavel as president of the world's largest organization of auctioneers.

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Auction Method vs. Traditional Listing 

AUCTION METHOD

  • Property marketed separately
  • Price negotiated up
  • Up front marketing expenses
  • Sold "As-is, Where-is"
  • Pre-qualified bidders
  • Pre-determinded sale date

TRADITIONAL LISTING

  • Property listed in portfolio of other properties
  • Price negotiated down
  • Broker typically absorbs marketing fees
  • Post sale contingencies
  • Possible financing contingencies
  • Sale date unknown

 

Call our office for more information on bringing your property to auction! 806.655.3900


 

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