I often receive emails and phone calls from people who would like to participate in a real estate auction but have little or no knowledge of how the auction process actually works. Paola Iuspa-Abbott, of the Daily Business Review, published a piece today entitled “Real Estate Auctions Can Help Homebuyers Gain Properties But There [...]

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I wasn’t able to attend this morning’s real estate auction, held at the Miami Beach Convention Center, but did learn the results of several condos that were auctioned. From what I’ve heard, there were more people in attendance at this auction than the Hudson & Marshall auction held on October 21, 2007, which I [...]

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Below you will find the results for the condos of interest that were auctioned this past Saturday:

Cite on the Bay – Unit #110 – 3 bedroom/2 bath – 1,475 SF – $300,000
Four Ambassadors – Unit #344 – 1 bedroom/1.5 bath – 940 SF – $169,500
Loft Downtown – Unit #204 – 1 bedroom/1 bath – 784 [...]

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A few months ago I wrote a post entitled, “Advice to Miami Condo Sellers“. It was a highly read piece because of the inventory figures that were provided. I highly recommend that you read it if you recently discovered this blog and are curious about the developments that are scheduled to close within the [...]

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Today, I finally had a chance to edit, render and upload the video that I shot of the Platinum Condominium auction last Thursday. I split it up into three separate video files which highlight key points of the auction. You can read my analysis of the auction here.
An explanation of how the auction [...]

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