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Troy Fowler

AARE - Accredited Auctioneer Real Estate

09-05-08
Troy Fowler

The Institute's AARE program educates and trains real estate and auction marketing professionals in ways that enhance their client services. Course topics include legal issues, financial analysis, property transfer, as well as case studies on the sale of residential, commercial and industrial real estate using the auction method of marketing.

There are currently fewer than 350 designees - fewer than 1 percent of all North American auctioneers - who hold the AARE designation.

According to the National Auctioneers Association, residential real estate auctions, the fastest-growing sector of the auction industry, grew by 5.3 percent during 2007. Real estate continues to be it's hottest growing sector.


Earning the Accredited Auctioneer of Real Estate (AARE) designation requires successful completion of a three-part educational program, which includes six days of instruction on selling real estate at auction, a comprehensive examination, submission of an acceptable auction summary report and proof of conducting a minimum of 10 real estate auctions. AARE designees must adhere to a strict code of ethics and standards of practice, and complete a minimum of 24 hours of continuing education courses every three years.


An auctioneer with the AARE designation strives to ensure that he or she offers the highest level of professionalism and most up-to-date information when it comes to selling real estate at auction. AARE auctioneers have enhanced knowledge in all pertinent areas, such as:

. Real estate auction marketing techniques
. Financial/investment calculations and decisions
. Evaluating cash flow
. Holding-period analysis and problems
. Tax consequences of buying and selling properties
. Multi-parcel real estate auctions

Headquartered in Overland Park, Kansas, the NAAEI has provided higher education programs to auctioneers and other professionals for more than 26 years. The faculty is comprised of nationally recognized auctioneers and professionals who serve the real estate auction industry.
In

Accredited Auctioneer Real Estate

  • Marketing techniques
  • Financial/investment calculations
  • Evaluating cash flow
  • Holding-period analysis
  • Tax consequences of buying and selling properties
  • Multi-parcel real estate auctions

The AARE auctioneer has successfully completed three (3) classes in order to gain the designation, and must maintain it with continuing education. Within one (1) year of attending AARE 300, submit:

  • Auction summary report that is reviewed and accepted by your instructor
  • AARE application

    Within three (3) years of attending AARE 300, submit:
  • Proof of 10 real estate auctions vestor Realty & Auction Group offers a variety of real estate and auction services in Florida.

Troy is a member of NAA (National Association of Auctioneers), FAA (Florida Association of Auctioneers) and AARE accredited Auctioneer Real Estate, #AU3595, #AB2717

Open House Duck Key - Auction sept. 15th 2008 Bonus for Selling Agent!

09-01-08
Troy Fowler

*SPECIAL OFFER! BONUS Broker/Agent

Investor Realty & Auction Group will compensate a $20,000.00 BONUS to any Broker/agent who registers the Buyer/Bidder that closes on this property within the terms and conditions of the Auction Agreement.

The additional 20K offer only applies for agents who register bidders from 08/21/08 - 09/05/08. Otherwise 2% Coop. fee will apply. The Broker Participation Agreement must be signed by all parties on or before 09/08/08 for the 20K bonus to apply.

To learn more and download forms, go to www.DuckKeyAuction.com

438 Harbour Drive, Duck Key Auction , Florida Keys - Auction Sept 15th. 2008 -

Beautiful contemporary home on exclusive Duck Key. Built by The Aultman Corporation (considered to be one of the top home builders in the Keys).

Home located at the end of Harbor Dr. on cul-de-sac offering incredible views.

5 bedrooms, 4 bathrooms, swimming pool and spa. Stainless steel appliances, granite counter tops, bamboo flooring.


Amazing views of the Gulf of Mexico and Atlantic Ocean. Water views from every window.

Great home for entertaining and boating/fishing

CALL TROY FOWLER 305 206 0349 for more info or email @ troy@auction-generation.com

59 th International Auctioneers Conference and Show

07-08-08
Troy Fowler

THERE ARE NO LIMITS to what you can gain at the 59th International Auctioneers Conference and Show, July 7 - 12 in Nashville, Tennessee.

With exciting programs, networking opportunities,
cutting edge technology, and more, you can customize your conference experience to your needs and interests.

Grow professionally and personally while gaining inspiration to be your very best. It's the NAA's 2008 Conference & Show.

Wednesday, July 9
7:00 a.m. - 8:15 a.m. First-Timers and Mentors Breakfast/Orientation (by invitation only)
7:30 a.m. - 5:00 p.m. Registration and Information Booth
8:00 a.m. - 5:00 p.m. NAA Member Services Booth
8:00 a.m. - 5:00 p.m. NAF Interviews
8:00 a.m. - 10:00 p.m. Cyber Café
8:30 a.m. - 10:30 a.m. Opening Session - Keynote Presentation with Scott Waddle
10:30 a.m. - 6:00 p.m. Official Trade Show Opening
10:45 a.m. - 11:30 a.m. International Junior Auctioneer Championship Orientation Meeting
10:45 a.m. - Noon Town Hall Meeting
11:30 p.m. - 1:15 p.m. CAI Committee Meeting
11:30 a.m. - 1:15 p.m. Trade Show Lunch
11:30 a.m. - 3:00 p.m. Auxiliary Luncheon and Fun Auction (item check-in 10:30 a.m. - 11:15 a.m.)
1:00 p.m. - 3:00 p.m. International Junior Auctioneer Championship Preliminaries
1:30 p.m. - 2:45 p.m. CAI Special Session with Scott Waddle (by invitation only)
1:30 p.m. - 4:30 p.m. Super Session: Building a Brand
1:30 p.m. - 4:30 p.m. Super Session: Negotiations
1:30 p.m. - 4:30 p.m. Super Session: Technology
3:00 p.m. - 4:00 p.m. International Ringman Championship Orientation Meeting
3:15 p.m. - 4:30 p.m. Conversations with Scott Waddle
3:15 p.m. - 4:30 p.m. Navigating the Mine Fields of Cashiering
3:30 p.m. - 5:00 p.m. Auxiliary Board of Directors Meeting
5:00 p.m. - 10:00 p.m. International Ringman Championship and NAF Benefit Auction
5:00 p.m. - 11:00 p.m. Kids Corner Program

Thursday, July 10

6:00 a.m. - 7:00 a.m. Election Committee Breakfast
6:30 a.m. - 5:00 p.m. Registration, Information Booth and Ballot Distribution
6:45 a.m. - 7:45 a.m. CAI Celebration Breakfast (by invitation only)
6:45 a.m. - 7:45 a.m. Auction School Officials' Breakfast (by invitation only)
8:00 a.m. - 11:30 a.m. NAA and NAF Annual Business Meeting and Election
8:00 a.m. - 5:00 p.m. NAF Interviews
8:00 a.m. - 5:00 p.m.NAA Member Services Booth
8:00 a.m. - 10:00 p.m. Cyber Café
9:00 a.m. - 10:00 a.m. Auxiliary Hosted Roundtable Discussion
10:00 a.m. - 6:00 p.m. Trade Show
11:30 a.m. - 1:15 p.m. Trade Show Lunch
1:00 p.m. - 5:00 p.m. Guest Activity: Belle Meade Plantation
1:30 p.m. - 2:45 p.m. Heckno to Teckno
1:30 p.m. - 2:45 p.m. Learn From the IAC Champions
1:30 p.m. - 2:45 p.m. Ritchie Bros. in the Global Auction Business
1:30 p.m. - 2:45 p.m. Tri-State University
1:30 p.m. - 3:15 p.m. Multi-State Auctions, The Legal Aspects
1:30 p.m. - 5:00 p.m. Public Relations (Illinois/Wisconsin Continuing Education Unit Course)
1:30 p.m. - 5:00 p.m. Train the Trainer
2:00 p.m. - 4:30 p.m. Auxiliary Guest Speaker and Annual Business Meeting
3:15 p.m. - 4:30 p.m. Are You Selling all the REO You Want or all the Special Assets You Need?
3:15 p.m. - 4:30 p.m. Bid Calling - Learn From the Champions
3:15 p.m. - 4:30 p.m. How to Generate $1 Million a Year in Real Estate Commissions
3:15 p.m. - 4:30 p.m. On-Line Auctions Basics
3:30 p.m. - 5:00 p.m. NALLOA Business Meeting
4 :30 p.m. - 6:00 p.m. NAA Marketing Competition Awards Reception
5:00 p.m. - 6:00 p.m. Auxiliary Board of Directors Meeting
6:30 p.m. - 9:30 p.m. Women Auctioneers Fellowship and Dinner

Friday, July 11
6:30 a.m. - 7:00 a.m. IAC Contestant Check-In
6:30 a.m. - 7:30 a.m. IAC Committee and Judges Breakfast
7:00 a.m. - 8:00 a.m. IAC Contestant Roll Call and Orientation
7:00 a.m. - 8:30 a.m. NAF Board of Trustees Breakfast
7:30 a.m. - 5:00 p.m. Registration and Information Booth
8:00 a.m. - 5:00 p.m. NAA Member Services Booths
8:00 a.m. - 5:00 p.m. NAF Interviews
8:00 a.m. - 10:00 p.m. Cyber Café
8:30 a.m. - 9:45 a.m. Bid Calling - Learn From the Champions
8:30 a.m. - 9:45 a.m. Furniture Recognition
8:30 a.m. - 9:45 a.m. GPPA Special Session (by invitation only)
8:30 a.m. - 9:45 a.m. Great Ideas Session for Support Staff
8:30 a.m. - 11:30 a.m. Handling and Sale of Coins
8:30 a.m. - 11:30 a.m. Introduction to Microsoft Office Products
9:00 a.m. - 9:30 a.m. International Junior Auctioneer Championship Finals
9:00 a.m. - 5:00 p.m. Trade Show
9:30 a.m. - 4:00 p.m. International Auctioneers Championship Preliminaries
10:15 a.m. - 11:30 a.m. AARE Special Session - Hook, Line and Sinker - Fireflies, Hitchhikers and Gasoline? (by invitation only)
10:15 a.m. - 11:30 a.m. Customer Service Pays Great Dividends
11:30 a.m. - 1:00 p.m. Trade Show Lunch
Noon - 2:00 p.m. Past Presidents Luncheon (by invitation only)
1:00 p.m. - 2:00 p.m. Auxiliary Hall of Fame Committee Meeting
1:00 p.m. - 2:30 p.m. CES Special Session - Creative Real Estate Using 1031 Exchanges (By invitation only)
1:00 p.m. - 2:30 p.m. The New Foe of Auctioneers-Live Internet Auction Crashes
1:00 p.m. - 2:30 p.m. Using the Media for Your Next Auction
1:00 p.m. - 4:00 p.m. Uniform Commercial Code: Contracts to Warranties…What Auctioneers Must Know (Illinois/Wisconsin Continuing Education Unit Course)
1:00 p.m. - 4:30 p.m. Gun Sales
1:00 p.m. - 4:30 p.m. Integration of Microsoft Office Products
2:30 p.m. - 4:30 p.m. Hall of Fame Committee Meeting
3:00 p.m. - 4:30 p.m. Advanced Problem Solving Using 1031's
3:00 p.m. - 4:30 p.m. BAS Special Session (by invitation only)
3:00 p.m. - 4:30 p.m. Furniture Recognition
3:00 p.m. - 4:30 p.m. Robert's Rules of Order - Meeting Procedures: Rules of the Road
5:00 p.m. - 7:00 p.m. IAC Buffet
5:00 p.m. - 11:00 p.m. Kids Corner Program
7:00 p.m. - 10:00 p.m. International Auctioneer Championship Finals

Saturday, July 12
8:00 a.m. - 9:30 a.m National Auctioneers Foundation Children's Auction
8:00 a.m. - 1:00 p.m. Cyber Café
8:00 a.m. - 1:00 p.m. NAA Member Services Booths
8:00 a.m. - 5:00 p.m. Registration
8:30 a.m. - 11:30 a.m. Expert Witness in the Courts - Part 1 (Illinois/Wisconsin Continuing Education Unit Course)
9:00 a.m. - 1:00 p.m. Trade Show
9:30 a.m. - 10:00 a.m. Trading Card Autograph Session
10:00 a.m. - 11:30 a.m. Furniture Recognition
10:00 a.m. - 11:30 a.m. Great Ideas Forum
10:00 a.m. - 11:30 a.m. Qualifying Prospects, Selling Your Service, Walking Away
11:30 a.m. - 12:45 p.m. Conference and Show Committee Meeting and Luncheon
11:30 a.m. - 1:00 p.m. Lunch of Champions (IAC champions by invitation only)
12:30 p.m. - 2:15 p.m. Auxiliary Past Presidents and Hall of Fame Luncheon (by invitation only)
1:00 p.m. - 2:30 p.m. Ask the Legends
1:00 p.m. - 2:30 p.m. Bid Calling - Learn From the Champions
1:00 p.m. - 2:30 p.m. On-Line Auctions Panel
1:00 p.m. - 2:30 p.m. The Professional Ringman
1:00 p.m. - 4:00 p.m. Expert Witness in the Courts - Part 2
1:00 p.m. - 4:00 p.m. Sellers: Marriage to Minefield (Illinois/Wisconsin Continuing Education Unit Course)
1:00 p.m. - 5:00 p.m. Education Institute Trustees Meeting
3:00 p.m. - 4:30 p.m. Dealing with Lien Laws to Prevent Closing Problems
3:00 p.m. - 4:30 p.m. Real Estate Auction: Changing the Way Property is Bought and Sold
5:00 p.m. - 11:00 p.m. Kids Corner Program
6:30 p.m. - 9:30 p.m. President's Gala
9:30 p.m. - 11:00 p.m. NAF Hall of Fame/Diamond Gavel Honoree Reception

Sunday, July 13

7:00 a.m. - 10:00 a.m. NAA Post-Conference Board Meeting

The NAA promotes the auction method of marketing and enhances the profesionalism of its pratictioneers.

Real Estate Market

04-11-08
Troy Fowler
IT CONTINUES TO BECOME QUITE EVIDENT THAT THE SOUTH FLORIDA REAL ESTATE MARKETI CONDOS MARKET IS HEADED FOR MORE PROBLEMATIC TIMES AHEAD! A RECENT ARTICLE IN THE DAILY BUSINESS REVIEW PROVIDED STATISTICS AS TO JUST HOW DIRE THE SITUATION HAS BECOME
ACORDING TO RECENT SALES ACTIVIVTY(THE PAST 3 MONTHS) SALE PRICES HAVE DECLINED AS MUCH AS 40% ACCORDING THE THE ARTICLE, AT THE CURRENT SALES PACE, IT WILL TAKE PALM BEACH COUNTY MORE THAN 10 YEARS FOR SALES TO RETURN TO A HEALTHY SUPPLY/DEMAND ENVIRONMENT. BROWARD IS NOT FAR BEHIND WITH A 9 YEAR TIMEFRAME TO RETURN TO A HEALTHY SALES RATIO AND MIAMI DADE WOULD TAKE ABOUT 6 YEARS.
WHILE SINGLE FAMILY HOMES FAIR SLIGHTLY BETTER, WE STILL HAVE AN ENORMOUS SUPPLY ISSUE TO CONTEND WITH, THAT WILL TAKE MANY YEARS AND PERHAPS FUNDAMENTAL CHANGES FOR INVENTORY TOBE ABSORBED.
FOR THOSE WHO EITHER CANNOT OR SIMPLY NOT WILLING TO HOLD ON TO PROPERTIES(QUITE OFTEN AT A LOSS), AUCTIONS HAVE BECOME A PREFERRED METHOD OF CHOICE TO MOVE A PROPERTY SWIFTLY AND OFFER THE SELLER A HIGHLY INTENSIVE MARKETING PLAN THAT WIL SPOTLIGHT THERE PROPERTY, THAT OFTEN RESULTS IN MULTIPLE BIDS AND A DEFINITE SALE. iT IS TRUE THAT MANY TIMES THE SALE PRICE MAY NOT EQUAL THAT OF A "TRADITIONAL SALE", BUT WHEN YOU FACTOR IN THE CARRYING COST, EMOTIONAL STRESS, RENTAL CHALLENGES ETC., AUCTIONS CAN PROVE TO BE THE MOST DESIREABLE ALTERNATIVE TO GETTING YOUR PROPERTY SOLD!