News Event: SOLD! REAL ESTATE AUCTION YIELDS TOP DOLLAR!
(Former Countrywood Manufactured Home Community – 66± Acres, 124 Lots)
(Has standing approval for single family subdivision – 79 Lots)
TUSCALOOSA, ALABAMA – On Thursday, May 21, 2009, Redmont Auction and Land Co., Inc. completed yet another successful auction with the sale of the former Countrywood Manufactured Home Community in Duncanville, just south of Tuscaloosa. This particular project was especially challenging for Redmont in that the property has been vacant and inoperable for over 3 years and in a definite stage of neglect. An agent and apprentice auctioneer for Redmont, commented, “Our client had previously marketed this property locally through a listing broker for over 3 years receiving no credible offers. We developed a marketing plan that targeted potentially interested parties throughout the US who own, operate, or invest in manufactured home communities. Our marketing plan proved to be very effective in that we received interest from as far away as California, Massachusetts, New Jersey, and South Florida. Ultimately, our winning bidder was from Atlanta. As a matter of fact, the agent of the Buyer was from South Carolina and was unaware of our auction until the morning of. He stayed overnight in a local hotel and while having breakfast the morning of the auction overheard other individuals discussing the auction. This conversation piqued his interest and he went to the front desk of the hotel to ask for a newspaper and found our advertisement in the newspaper. He called our office for more information and directions to the sale, came to the auction, and wound up being the winning bidder.”
Eddie Propst, Auctioneer/Broker of Redmont, stated, “Some people may say we were lucky in finding our buyer in this manner but I would argue that is precisely the type of results that a properly executed auction marketing strategy can deliver – much conversation and awareness of the pending sale of real estate creates an urgency among buyers at a given point in time. We had an effective marketing strategy for this auction – We have had too many similar stories over the years associated with our sales to assume it is just chance. We, at Redmont, believe this is the result when planning and preparation meets with opportunity. I can state we achieved an excellent price for this property in these extraordinary times.
For over 20 years, Redmont Auction & Land Co., Inc. has successfully sold residential, commercial, forest/farm land, and personal property estates throughout the Southeast in states such as Alabama, Florida, Mississippi, and Tennessee. Historically, Redmont’s marketing strategies have resulted in over 97% of its auctions resulting in sold transactions. Redmont excels in marketing your property in any manner possible whether it be through traditional media outlets or the internet. Should you have interest in discussing our services and your opportunities or needs, please don’t hesitate contact us at the information provided below. We would greatly appreciate the opportunity to assist you in any manner possible.
REDMONT AUCTION & LAND CO., INC.
300 Vestavia Parkway, Suite 2300
Birmingham, AL 35216
(205) 822-4229 ∙ (888) 285-8408
Eddie Propst, Auctioneer, (205) 822-4229 – AL #1161
Glenda Propst, Apprentice Auctioneer, (205) 822-4229 – AP #2421
Rusty Jones, Auctioneer, (205) 822-4229 – AL #5087
Disclaimer: Redmont Auction & Land Co., Inc. is a selling agent only, representing the Seller. All property is sold AS-IS. Information provided is deemed to be reliable; however, Purchaser and/or Purchaser’s Agent/Broker shall bear the responsibility to confirm all calculations and/or information prior to the Auction. Properties (chattel or real) maybe added or withdrawn at the Seller’s discretion. Seller, or the Selling Agents, may deny admittance to the auction any person if they disrupt or attempt to disrupt the sale. Announcements made prior to the auction supersede all printed material.