Real Estate Auction Myths - Part 8

Have you ever had a moment of clarity that you wish you didn't get? My moment was when I realized that I have been neglecting my active rain blog. Don't get me wrong, I enjoy blogging, but it has been a hectic year with a 17 month old son and a 12 week old daughter to keep up with, let alone blogging.

After receiving more then one request to finish this 10 part series, I decided to take a few minutes and recommit.

Enjoy!

This 10 part series will hopefully help dispel some of the most common myths about real estate auctions that I have encountered as a professional Real Estate Auctioneer.

Myth 8 - All auction companies are the same, and all auctions are run the same.

This myth is one that usually comes up when someone has been to a bad auction run by a company that is less then professional.

Make sure that you read the terms and conditions of each auction and make sure that you call the auction company to make sure that you understand their use of specific terminology.

In addition to licensure and continuing education within the real estate industry, it is important to work with auctioneers who are leaders in their industry. Several questions to ask a prospective auctioneer or auction company are:

Are you actively involved in the National Auctioneers Association? Do you have additional certifications such as Certified Auctioneers Institute, Accredited Auctioneer of Real Estate, Auction Technology Specialist, etc?

Do you serve on committees to help your association and industry improve?

In addition to serving on the technology committee for the National Auctioneers Association, I also serve as a member of the MLS board and teach a designation program for the National Auctioneers Association.

It is my opinion that we should never stop learning, and never stop striving to be the best that we can be. This is the only way that we can ensure that we are always on the cutting edge, and suited to help our clients in their time of need.

If you have any questions about buying or selling real estate at auction, please feel free to call me at 816-361-2600.

Myth 9 coming soon..........

Sincerely,

Robert Mayo - CAI, AARE, ATS, CAGA
2007-2008 Kansas State Champion Auctioneer

Mayo Auction and Realty
8253 Wornall Road
Kansas City, MO 64114
www.auctionbymayo.com
robert@auctionbymayo.com
816-361-2600 (MO)
913-390-9393 (KS)
816-699-9883 (cell)