Auction HouseUpcoming Bob Parks Auction

Saturday, April 12, 2014 10 AM

Official Website

Virtual Tour

Here is a link to the flyer for the upcoming auction.

1542 Avellino Circle, Murfreesboro, TN


Interesting facts about auctions:

Did you know that auctions are sometimes the preferred method of sale for a property?  Did you know that there are two types of auctions?  I have to say no to both, I didn’t realize.  I always thought of auctions as a “last resort” kind of sale.  Last year about 70% of auctions were the owners’ first choice.

An auction is an immediate action.  You know that morning that your property will be sold that day, unless of course the reserve is not met, then you have a choice.  I’ll get to that in a minute.  But sometimes its just easier to have an auction.  Most of the time the auctioned property brings more than the expected return. Reasons for auctions?

  • You’ve already purchased another home

  • You’re an absentee land owner (perhaps you’ve inherited property but live in another city)

  • 1031 tax exchange where timing is an issue

  • A farm to be divided into multiple properties

Very seldom do we hold an auction due to foreclosure. Sometimes, we do auctions in lieu of foreclosure.Some of our best and most popular auctions are with unique properties. Those that have no comparables and will attract a large number of buyers.

Most properties are suitable for auctionBob Parks Auction Logo, but certainly not all are saleable by auction. Residential property, commercial property, vacant land, even boat slips are sold at auction. The majority of sound developments that can be marketed effectively do extremely well at auction.

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