jay cash: Absolute Auction is an Auction Without Reserve
- 05/14/14 07:33 AM
If you are looking into having an auction you have no doubt heard the term absolute auction.
I have written many blog posts on the differences between an absolute and reserve auction.
May 31st, 2014, Shelbyville, Tennessee
James R. Cash II Auctions will be conducting an ABSOLUTE REAL ESTATE AUCTION.
These are the factors we used to determine why this property would sell absolute.
• This is a property that is in very high demand. It will generate lots of interests, and many potential buyers. At auction all potential buyers must bid against each other in order to
jay cash: Absolute Auctions & Reserve Auctions
- 01/27/14 09:29 AM
Throughout my service area (Tennessee, Kentucky, Illinois and Missouri) The most common questions about auctions from sellers is what is the difference in an Absolute Auction & Reserve Auction?
About Absolute Auctions
• The property is sold to the highest bidder, regardless of the price.
• Since a sale is guaranteed, buyer excitement and participation are heightened.
• Selling Absolute generates maximum response from bidders and buyers in the market place.
• Prospective bidders will take the auction more seriously and invest time into coming to the auction.
• If there is a high mortgage or a
jay cash: Creating An Auction - Coins, Knives and More!
- 01/27/14 09:02 AM
It's common to find sellers who have a collection or lifetime of collections they want to sell at auction.
People reconize Public Auctions as the highest and best way to obtain the most for your assets.
Last month I was making phone calls updating our mailing list and found several folks who had items they wished to sell. A Coin, Currency & Bullion collection, A Case Knives collection and Guns.
Alone these items would be difficult to market and draw a large crowed, so we are combining them all to one very nice large auction!
jay cash: Becoming An Auctioneer In Kentucky
- 01/27/14 08:53 AM
From time to time I get asked what does it take to become an auctioneer?
How do you learn to talk like that? How do you get into the business?
For many, it is a family business - That's how I got into auctioneering; It's all I know!
There are many successful first generation auctioneers such as past NAA World Champion Auctioneer Justin Ochs, who has done many great things to advance the auction profession in recent years.
Regardless of background - if you want to become a professional auctioneer in the Commonwealth of Kentucky, this is what
jay cash: Business Liquidation Auctions
- 10/03/13 08:53 AM
Some of my favorite sales are Business Liquidations; They generate a huge amount of interest and bring a large pool of bidders and buyers to sales.
Business Liquidation Auctions are a great tool for owners to utlize their time and money to generate the most for their companies assets. From Car Dealerships, Restaurants, Wood Working Shops, Feed Stores, Hardware Stores, Sports Bar - you name it.
Our next big liquidation sale is October 21st, 4:00 PM in Arlington, KY
Terrific Opportunity At Auction
Real Estate Sells First At 4:00 P.M.
Tract 1 - Git-n-Go Situated On Corner Lot - Paved Parking, Dual
jay cash: Estate Auction - All Day Sale, Two Rings!
- 08/13/13 08:31 AM
We were contacted via our website a few weeks ago in regards to an estate settlement needing to be conducted in Middle Tennessee. James R. Cash Auctions is proud to be handling the
The Richardson Estate Auction • Murfreesboro, TN
We are selling....
Real Estate • Household Items • Furniture
1994 BMW • 1977 Jaguar • 2000 Nissan Quest Passenger Van •
100's of Nice Items!
The house consists of....
Very Nice 2 Story Home, Located just outside the Murfreesboro City Limits!
Immaculate Landscaping, and a Garden Oasis in the Back yard, 2 Story Deck, Detached Office Area, Outbuildings and Carport
jay cash: Murfreesboro Sports Bar Liquidation - Selling At Auction
- 06/04/13 09:10 PM
Everything Must Go! Selling To The Highest Bidder At Auction!
100's Of Great Items From the Former Duggers Sports Bar In Murfreesboro! I am very proud to be handling the absolute liquidation auction of Duggers Sports Bar-
Duggers is now a family buffet, and There are 100's of Sports Bar Related Items Being Sold At Absolute Public Auction!
Flatscreen TV's, Bar Signs, Bar Lights, Beer Taps, Coolers, You Name It!
- 6 ft. Dos Equis XX Framed Mirror
- Daytona 500 50th Anniversary Racing Print
- Framed Titans Jersey
- Rubber Bar Drink Mats- All Brands
- Bud Light,
jay cash: Lake Malone, Lake Front Home - Lewisburg Kentucky At Auction
- 06/04/13 09:05 PM
Sellers are relocating and will no longer be able to enjoy this property.
This rustic style home has been renovated and features a nice open floor plan.
Home is move in ready, and fully furnished! Property is offered with a boat dock on Lake Malone, permit expiring in 2024
LAKE FRONT HOME
Renovated Home, On A Gently Slopping Lot
Three Tiered Deck, Amazing Views
2012 Taxes $630.39 • Lot #8
Lot Size: 72’ Water Front • 50’ At Road • 100’ Depth
4 Car Parking • A Well Kept Property
Electric Central Heat &
jay cash: Absolute Vs. Reserve
- 01/25/13 02:27 PM
Absolute Auction If you have questions about having an auction - here are two important things you need to know.
All Auctions are conducted with a reserve unless it is an Absolute Auction. Just because the property is selling with reserve does not mean that the property wont be sold- it just means the seller has the right to accept or reject the final bid.
One reason an auction is conducted with a reserve is due to their being a lien or mortgage on the property.
The property is sold to the highest
jay cash: Buyer Benefits at Auction
- 01/25/13 02:16 PM
When you are looking to purchase real estate, take notice of the newspapers for local auctions. Buying at auction can be one of the best ways in to invest in real estate.
At an Absolute Auction the buyer knows the seller is committed to sell
Properties are usually purchased at fair market value
Buyers can compete fairly and are all on the same terms as other buyers Buyers determine the purchase priceAuctions eliminate long negotiation periods and Purchasing and closing dates are knownProperty is sold with Warranty Deed, Free and Clear of all Liens or defects
jay cash: Seller Benefits At Auction
- 01/25/13 02:10 PM
SELLER BENEFITS Some people have pre concieved notions about why sellers choose to auction their property. While some auctions are a last resort for sellers-- Auctions will always generate the most interest and give the seller the best chance of getting the most for their property.
Competitive bidding at a properly advertised and conducted auction is the best way to achieve the most for any property!
Assurance that property will be sold at true market valueBidding creates competition among buyers-- auction price can exceed the price of a negotiated saleProperty is sold in “As-Is” condition,
jay cash: Best Types of Auctions
- 09/03/12 02:14 PM
TYPES OF PROPERTIES THAT WORK BEST AT AUCTION
• Estate Settlements
• Residential / Commercial Real Estate
• Divorce Settlements
• Business Liquidations
• Investment Property
• Vacant Property
• Property that is Unique or difficult to appraise.
jay cash: Best Situations that Lead to Auctions
- 09/03/12 02:09 PM
WHEN SHOULD AUCTIONS BE CONSIDERED?
A good auction situation is one where the seller:
Needs an immediate sale or has a partnership / marriage break-up.
Whenever a seller is moving out of the state or is retiring.
When property is part of an Estate and includes personal property items.
If Seller has already purchased another house or has high carrying costs on the property.
Sellers that have equity in property or if the property is in need of repairs.
A professional Auctioneer will tell you if an Auction is not right for you.
jay cash: Types of Auctions - Absolute and Reserve Auctions
- 09/03/12 02:05 PM
There are two types of auctions, Auctions with Reserve and Absolute Auction. If you ever see just the word "AUCTION" it typically means it is with reserve. As a seller, you can decide what type auction you want to have.
Selling Real Estate at Auction can typically generate the best results.
TYPES OF AUCTIONS
The property is sold to the highest bidder, regardless of the price.
Since a sale is guaranteed, buyer excitement and participation are heightened.
Selling Absolute generates maximum response from the market place. Prospective bidders will take the auction more seriously and invest
jay cash: Auction Benefits- for Sellers & Buyers
- 09/03/12 01:59 PM
There are many reasons to consider an auction. Auctions are not a last resort. When you want the most for your assets, an auction can generate the most!
Assurance that property will be sold at true market value
Bidding creates competition among buyers-- auction price can exceed the price of a negotiated sale
Property is sold in “As-Is” condition, Seller sets Terms & Conditions of Sale
The seller knows exactly when the property will sell, closings usually in 30 days
Eliminates numerous and unscheduled showings
Ensures an aggressive marketing program that increases interest and visibility
jay cash: Liquidation Auction - Middle Tennessee!
- 09/03/12 01:54 PM
ABSOLUTE AUCTION - NO BUYERS PREMIUM! Something for Everyone! Hundreds of quality tools, Shop Equipment, Power Tools, Boat & Truck, Lawn Mower, Guns, HOME & FURNITURE ITEMS- VERY NICE - including Lillian Russell Bed, Side Tables, Chairs, Gun Cabinet, 10 Silver Dollars (Morgan & Peace), Kitchen Items, Glass Top Table, and Much Much More! 76' Monarc 14' Flat Bottom Boat, W/ Trailer (New Trolling Motor)92' Nissan 5 Speed truckManitowoc Ice Maker (series 250)Bumper Hitch Trailer Argosy Camper Shop EquipmentDrill PressPallet JackJacks & StandsRampsBig Country Shop FanWood & Steel HD Shop Tables 4' - 20' (Several on Wheels)Schumatic Batter Starter/ChargerScaffoldingLawn Mowers -
jay cash: Murfreesboro Real Estate Auction - Near MTSU!
- 02/15/12 03:02 PM
Anytime I have an auction I like to have a Video made of the property. This allows folks to take a tour of the property before they drive out or come to my auction.
This is an excellent 3 bedroom 1 Bathroom home near Middle Tennessee State University. This will make an excellent investment for someone.
I make the video's using Final Cut X, and I get the voiceover done by a guy I met off of voice123.com in Detroit. The video plays on our website and the local newspapers page. The voice track is also aired on
jay cash: jay cash
- 12/22/11 10:41 AM
Working at our Annual Jackson Purchase Farm Machinery Consignment auction in Mayfield,Kentucky. This farm machinery auction is attended by thousands each year. I am working the auction ring.
jay cash: Discovering a Lifetime of Collections!
- 07/11/11 02:12 AM
In this day and time many auctioneers dread having a Personal Property Auctions. It takes more time and energy to put on the auction- It creates more costs for the auctioneer and auctioneers have to spend more time getting them ready.
I for one can say that I truly delight in having any type auction, especially ESTATE Auctions with Personal Property.
I love discovering what people have spent a lifetime collecting and then marketing those items to the public for an auction!
As an auctioneer getting word out about your auctions is one of the most important aspects of preparing
jay cash: Upcoming Estate Auction; Personal Property Only in Murfreesboro!
- 07/11/11 02:06 AM
This saturday in Murfreesboro I will be conduction an Estate Auction of just personal property Items.
Located at 405 Indian Park Drive, on the Sooth side of Murfreesboro Tennessee .
The Late Mrs. Myrtle Ruth Henry & Mr. James Houston Henry Estate Auction
Everything Selling to the Highest Bidder! Over 150 Items!
This is a Fine Quality Absolute Estate Auction- You won't be wasting your time coming to this auction...Something for everyone! Make Plans to Attend!
Dinning Room Table & Chairs
Oak Kitchen Table with 4 Ladder Back Chairs,
Cherry Hutch & White Hutch
Cast Iron Chairs
Silver Plated Candle