COMMERCIAL REAL ESTATE NEWS
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Sperry Van Ness partners with online auction provider
The Irvine-based firm’s clients can view property details, register and bid via the Web.
BY ASHLY MCGLONEPublished: June 07, 2010 08:32 AM
The marketing arm of Irvine-based commercial real estate firm Sperry Van Ness has inked a partnership deal with AuctionPoint, an online auction platform based in Los Angeles.
The result: For the first time, all of the firms’ clients now have the option of an online auction.
Web offerings allow bidders to view property images and details, as well as register and make offers on auction day. The property owner’s purchase and sale agreement is also available online.
“Sperry Van Ness is committed to offering our clients the most advanced strategic solutions available,” said Kevin Maggiacomo, president and CEO of Sperry Van Ness. “Online auctions are revolutionizing the commercial real estate industry, and we want to help our clients participate in this new and highly effective way of doing business.”
Additionally, online auctions reduce overhead costs and increase consumer reach, in turn enabling properties to sell quicker and at true market value, according to Jerry Anderson, executive managing director of Sperry Van Ness Florida.
Nearly 900 advisers work for the firm across 160 markets nationwide.
“We look forward to working with Sperry Van Ness and its team of real estate auction professionals,” said Joe Tang, co-founder and CEO of AuctionPoint. “The combination of Sperry Van Ness’ deep expertise in auctions and the sophisticated AuctionPoint technology platform represents a tremendous value proposition for commercial property owners.”
Related headlines
2211 Michelson in Irvine set to sell for $103 million
Grubb & Ellis reintroduces Landauer brand
Voit Real Estate Services adds 12 office properties to its management portfolio
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The result: For the first time, all of the firms’ clients now have the option of an online auction. Web offerings allow bidders to view property images and details, as well as register and make offers on auction day. The property owner’s purchase and sale agreement is also available online. “Sperry Van Ness is committed to offering our clients the most advanced strategic solutions available,” said Kevin Maggiacomo, president and CEO of Sperry Van Ness. “Online auctions are revolutionizing the commercial real estate industry, and we want to help our clients participate in this new and highly effective way of doing business.” Additionally, online auctions reduce overhead costs and increase consumer reach, in turn enabling properties to sell quicker and at true market value, according to Jerry Anderson, executive managing director of Sperry Van Ness Florida. Nearly 900 advisers work for the firm across 160 markets nationwide. “We look forward to working with Sperry Van Ness and its team of real estate auction professionals,” said Joe Tang, co-founder and CEO of AuctionPoint. “The combination of Sperry Van Ness’ deep expertise in auctions and the sophisticated AuctionPoint technology platform represents a tremendous value proposition for commercial property owners.” Related headlines 2211 Michelson in Irvine set to sell for $103 million Grubb & Ellis reintroduces Landauer brand Voit Real Estate Services adds 12 office properties to its management portfolio |
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