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Real Estate Investing in Wholesale Properties

Jul 18, 2008
What is a motor auction? To put it simply, a motor auction acts as an agency between someone who wants to sell a car, and someone who wishes to buy it. Auto auction in Malaysia is fairly new and is currently practiced by govermental departments, namely the Customs department in disposing of confiscated vehicles. In the United Kingdom, it has been estimated that around 80% of all cars sold new in this country will pass through an auction at some time in their first four years on the road.auction is defined as a public sale of goods or property which prospective purchasers bid until the highest price is reached.

How many items may I put up for auction? You may put as many items as you'd like up for auction, as long as you're willing to sell them. Knock yourself out!The LA Public Auto Auction will be held this SUNDAY, RAIN OR SHINE! This is a live, public auction with open bidding that is fun and profitable for the whole family. Just like the dealer auction, these vehicles are dealer trade-ins, lease-returns, dealer overstock and consignments, that are here for immediate liquidation!Registration only takes place on the day of the auction.

When is the next auction? Dutch Auctions and Sealed Bid Auctions should, IMHO, run no more that 2 weeks, any longer than this and people start to get annoyed. Lot Auctions and Itemised Auctions should in general run from 2-4 weeks depending on how many items you have and the rate at which people bid. Any longer than this and you stand more of a chance that they may become disinterested the longer an auction drags out. One month should be long enough for interested parties to see your posts, contact you and bid.

Where is the auction? The auction is held every Saturday at 10:00am. Doors open every Saturday at 8:00am for further preview time beyond our normal full preview day every Friday.No. This is an oral public auction requiring your presence, or that of your representative, to verbally bid upon the properties. No.

How do I register for the auction? Registration only takes place on the day of the auction. You must register before you can place any bids on the parcels at auction. Registration is free and everyone is welcome to attend. You will receive your free land drawing tickets when you register.Dutch Auctions and Sealed Bid Auctions should, IMHO, run no more that 2 weeks, any longer than this and people start to get annoyed. Lot Auctions and Itemised Auctions should in general run from 2-4 weeks depending on how many items you have and the rate at which people bid. Any longer than this and you stand more of a chance that they may become disinterested the longer an auction drags out. One month should be long enough for interested parties to see your posts, contact you and bid.

Where is the auction? The Auto Auction sysytem is permeated in Japan. Everyday, some of the auctions are held and bidding thousands of vehicles in somewhere Japan.
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The gurus hate it when their personal secrets about auction get exposed! Now they're fuming mad about this site Real Estate Investing in Wholesale Properties and trying to shut it down.
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