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The first online auction site was Onsale.com, founded by Jerry Kaplan in May 1995. [10] Onsale's business model had the company act as the seller. [9] In September 1995, eBay was founded by French-Iranian computer scientist Pierre Omidyar using a different approach to online auctions by facilitating person-to-person transactions. This was a ...
Bid4Assets has conducted tax sales via online auction for more than half of the counties in Washington. In October, 2010, Bid4Assets hosted one of the largest online real estate auctions in the history of the United States in which over 13,000 properties located in Wayne County, Michigan , were auctioned due to unpaid real estate taxes.
Auction profits were donated to his Spirit Foundation. [106] [107] 1961 Ol' Yaller $198,000 Las Vegas, 2009 Created by Max Balchowsky and driven by Elvis Presley in the 1964 film Viva Las Vegas. [108] [109] 1966 Shelby Cobra 427 Super Snake: $5.5 million Scottsdale, 2007 One-of-a-kind vehicle that was once used by Carroll Shelby as his personal ...
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It was conceptualized to hold auctions for high-priced real estate between a seller and a group of buyers. Local real estate agents receive 5-6 percent sales commission and Concierge Auctions charges 12 percent to buyers. Auctions range from $2 million to $100 million, but have an average of about $4 million. [10]
The Siegel Group also owned the Gold Spike Hotel and Casino in downtown Las Vegas from February 2008 until selling it in April 2013 to Tony Hsieh's Downtown Project. [4] [5] By 2009, the Siegel Suites chain operated apartment complexes in Las Vegas and Mesquite, Nevada, totaling 3,000 units. Siegel had also purchased the Mount Charleston Hotel ...
An estate agent conducting an auction of real estate in Melbourne, Victoria, Australia In some countries, such as Australia , auctioning is a common method for the sale of real estate . Auctions were traditionally used as an alternative to the private sale/treaty method to sell property that, due to their unique characteristics, were difficult ...
Existing home sales rose 4.8% last month, from October, to a seasonally adjusted annual rate of 4.15 million, the National Association of Realtors said Thursday. The latest home sales topped the 4 ...