130 Properties in Two Live Auctions, Seven Days Apart, In Arizona and New Mexico, with over 98% Sold and Closed.
Todd Good, CEO/President of Accelerated Marketing Group and Hank Amos, CEO/President of Tucson Realty & Trust Co. announced today the very successful “Live Auction” for the Roman Catholic Church Diocese of Gallup New Mexico, a national bank’s REO’s and a private seller’s excess corporate holdings. A total of 126 properties in all which included; residential and commercial development land, commercial buildings, retail, a restaurant and improved residential properties geographically located in six counties in Arizona and nine counties in New Mexico. “A majority of these properties were vacant land located in some of the most remote places I’ve ever seen. If marketed conventionally the sale of these properties could have taken years or may not have sold at all,” Hank Amos, President, Tucson Realty & Trust Co., maintained. “Auctions create a market where none may exist by having a date certain sale. One of the properties was a refrigerated distribution building located in Globe, AZ. The recent appraisal stated the marketing time for sale of this property would take 18-24 months. The building was sold in 6 weeks at a market price on a hard money contract with no contingencies”, stated Todd Good, President of Accelerated Marketing Group. Good continued, “Furthermore, with the use of our Quick Close program we were able to close over 90% of all the transactions within 10 days following the auction.” “Auctions work if structured and marketed correctly, but finding that right auction company partner for us was important” Tucson Realty and Trust’s Hank Amos explained. “We have been working with Accelerated Marketing Group for over 10 years and with our on ground experience coupled with their programming and marketing expertise, we believe we have the best team in the Southwest. We are currently putting together our next multiple property, multiple seller auction event for first quarter 2016. We are expecting properties in Arizona, California, Nevada and New Mexico. There is still time to add your properties.” If Interested in selling your property at the upcoming auction, please contact; Hank Amos at 520.577.7000
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