| Event ID: 110287 |
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Event Status:
On Schedule |
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| March REAPS / REI Kitsap Satellite Meeting |
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Selling By Auction
(1.5 Marketing PHP credits )
In the wake of the this Great Recession he identified the current challenge of selling single family homes (and glut of houses for sale) as an opportunity to establish a private real estate auction company. Private Real Estate Auctions: A Cost Effective Way To Accelerate A Home Sale
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Introduction to private auctions vs. “courthouse steps” auctions
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Why auctions are becoming mainstream according to Realtor.org
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How private auctions are win-win for buyer and seller
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3 Ways real estate agents can participate in private auctions
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Benefits to agents/brokers for being “auction partners” with an auctioneer
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Benefits to sellers (auctions generate buyers!)
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How a private auction works
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Why a private auction works
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Good home auction candidates
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Examples of recent high-profile local auctions
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Costs and fees associated with auctions
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On-line auction capabilities
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How to register a property for an upcoming auction
About Speaker:
Ward Murphy has been a member of the Seattle financial and real estate community for nearly 20 years. He founded WM Real Estate Auctions LLC in August of 2009 in partnership with one of the most experienced real estate auctioneers in the country. Mr. Murphy plans to facilitate numerous private real estate auctions in 2010, including auctions of individually-owned, single-family homes, auctions of multiple bank-owned properties, and auctions for specialty assets owned by hard money lenders and others entities.
From 2002 to 2009 Mr. Murphy was Principal and Director of Investor Relations for Investors Capital Group LLC, a private Seattle-based multifamily syndicator. During this time Mr. Murphy’s primary responsibility was raising over $50 million in private equity from individual investors for the acquisition of over 5,000 apartment units purchased in syndicated LLC structures in which Mr. Murphy participated as a Principal.
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| Meeting Schedule: |
| 6:30pm – 7:00pm |
Registration, Sign-in, Networking |
| 7:00pm – 8:30pm |
REAPS / REI Kitsap Meeting! |
| 8:30pm – 8:45pm |
Question & answers, close & more networking! |
Cost:
REAPS Members Free (with REAPS badge)
Non-members: $15.00 by pre-registering online or at the door
Location:
Poulsbo Library
700 NE Lincoln Rd
Poulsbo , WA 98370
Open to Members and non-members
Registration Required .. use the MEMBER or NON-MEMBER buttons to RSVP
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| Date and Time |
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Start Date: |
03/04/2010
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Start Time: |
6:30 PM |
| End Date: |
03/04/2010
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Approx. End Time: |
8:45 PM
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| Registration Deadline: |
03/04/2010
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Meet Time: |
6:30 PM
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Event Leader
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Terry Arndt
Contact Leader
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| Attendees |
| Registrants: |
6
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Max Attendance: |
117 |
| Guests: |
0 |
Spots Available: |
111 |
Total: |
6 |
Guest Limit: |
No Limit |
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Event Cost
Prepayment Required
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Pricing Option Name |
Price |
Deadline |
| Non-Members
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$15.00
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03/04/2010
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| Members
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Free
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03/04/2010
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| Payment Details: |
Online Registration cut-off time: 2:00pm day of the Event |
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| Check-in Required: |
REAPS Members Free if your membership card is presented, Guests $15. |
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Location
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(More Detail)
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| Event Location: |
Poulsbo Library Downstair Meeting Room
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| Address: |
700 NE Lincoln Rd , Poulsbo , WA 98370
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| Directions: |
From South Bremerton/Silverdale
Take Highway 3 North
Take the WA-305 S exit toward POULSBO/BAINBRIDGE ISLAND/KINGSTON.
Turn SLIGHT RIGHT onto WA-305/WA-305 NE.
Turn RIGHT onto NE LINCOLN RD.
Turn LEFT to stay on NE LINCOLN RD.
700 NE LINCOLN RD is on the RIGHT.
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