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Want to Know How to Sell REO Properties, Fast?
Market Your Real Estate Owned Properties, Don't Liquidate!
The Future of Real Estate's Accelerated Marketing Program (AMP®) provides a global solution to help you market and sell REO properties quickly and at the highest price point!
Unlike other auction companies, we focus on targeted marketing, rather than liquidation. This provides your REO property with a tremendous advantage over traditional methods.
Seamlessly partnering with your favorite real estate professional, AMP® reaches far beyond your local market to bring in the perfect buyer for your real estate owned property.
Give our decades of REO experience a try today!
TRUSTED BY
PAST AUCTION EVENTS
- Residential prop. near Beverly Hills
- Built in 1928 on a large lot
- Property sold all cash to a developer
- Closed transaction in under 30 days
Residential | Los Angeles, CA
This residential property is located in Los Angeles near the Beverly Hills border. It was built in 1928 on a large lot. FRE’s marketing campaign included a standard MLS listing, but we also reached out to residential developers in the region with the premise that a developer would pay an above-market price for the property. The property sold “all cash†to a developer who closed the transaction in less than 30 days.
- Property listed for years before FRE
- 7 days of day-to-day bidding
- 15 hours of hour-to-hour bidding
- Generated additional 56% in revenue
Office Building | Painesville, Ohio
This property, like many other similar properties in the immediate area, had been on the market for years when FRE was selected to auction market it. The client gave us two primary goals: market and close the sale in a 60-day timeframe and maximize the property’s value. After extensive worldwide exposure, multiple bidders were identified and bids were placed. The seller elected to open up Last Call bidding due to the similar nature of the bids. Last Call continued for 7 days of day-to-day bidding and then transitioned into 15 hours of hour-to-hour bidding, allowing for a maximum return to the seller. Last Call generated an additional 56% in revenue that would have been left in the market if any other auction format had been used.
- Multiple types of properties involved
- Hostess Brands headquarters
- All in distress and impacted markets
- 7,000 interested and 60 registered
Multiple property types | Virginia, Indiana & Ohio
While pulling off “The Sweetest Comeback in the History of Everâ€â„¢, Hostess Brands had been occupying a ±40,450 SF building in Kansas City, MO, as its corporate headquarters until locating to its permanent headquarters building. The property was on the market for more than a year and, with no certainty of a sale, it became evident to the company that an online auction could attract attention from a larger group of potential buyers and set a timeframe for the sale. The high-profile advertising and PR campaign resulted in nearly 7,000 hits to the webpage and over 60 registered prospects. After the winning bid was accepted by the seller, the Hostess Brands building closed in 30 days. Other Hostess Brands properties available in the auction were former Bakery Outlets in Hampton, Virginia; Tallmadge, Ohio; and Indianapolis, Indiana. None of these properties were in good condition, each in various states of distress and located in impacted markets. On-site signage and support from the local brokers concluded in successful sales of each property. The successful auction marketing of this portfolio clearly demonstrates the effectiveness of the FRE auction marketing program to deliver extraordinary results for all types of real estate.Other Hostess Brands properties available in the auction were former Bakery Outlets in Hampton, Virginia; Tallmadge, Ohio and Indianapolis, Indiana. None of these properties were in good condition, each in various states of distress and located in impacted markets. On-site signage and support from the local brokers concluded in successful sales of each property. The successful auction marketing of this portfolio clearly demonstrates the effectiveness of the FRE auction marketing program to deliver extraordinary results for all types of real estate.
- Residential prop. near Beverly Hills
- Built in 1928 on a large lot
- Property sold all cash to a developer
- Closed transaction in under 30 days
Residential | Los Angeles, CA
This residential property is located in Los Angeles near the Beverly Hills border. It was built in 1928 on a large lot. FRE’s marketing campaign included a standard MLS listing, but we also reached out to residential developers in the region with the premise that a developer would pay an above-market price for the property. The property sold “all cash†to a developer who closed the transaction in less than 30 days.
- Property listed for years before FRE
- 7 days of day-to-day bidding
- 15 hours of hour-to-hour bidding
- Generated additional 56% in revenue
Office Building | Painesville, Ohio
This property, like many other similar properties in the immediate area, had been on the market for years when FRE was selected to auction market it. The client gave us two primary goals: market and close the sale in a 60-day timeframe and maximize the property’s value. After extensive worldwide exposure, multiple bidders were identified and bids were placed. The seller elected to open up Last Call bidding due to the similar nature of the bids. Last Call continued for 7 days of day-to-day bidding and then transitioned into 15 hours of hour-to-hour bidding, allowing for a maximum return to the seller. Last Call generated an additional 56% in revenue that would have been left in the market if any other auction format had been used.
- Multiple types of properties involved
- Hostess Brands headquarters
- All in distress and impacted markets
- 7,000 interested and 60 registered
Multiple property types | Virginia, Indiana & Ohio
While pulling off “The Sweetest Comeback in the History of Everâ€â„¢, Hostess Brands had been occupying a ±40,450 SF building in Kansas City, MO, as its corporate headquarters until locating to its permanent headquarters building. The property was on the market for more than a year and, with no certainty of a sale, it became evident to the company that an online auction could attract attention from a larger group of potential buyers and set a timeframe for the sale. The high-profile advertising and PR campaign resulted in nearly 7,000 hits to the webpage and over 60 registered prospects. After the winning bid was accepted by the seller, the Hostess Brands building closed in 30 days. Other Hostess Brands properties available in the auction were former Bakery Outlets in Hampton, Virginia; Tallmadge, Ohio; and Indianapolis, Indiana. None of these properties were in good condition, each in various states of distress and located in impacted markets. On-site signage and support from the local brokers concluded in successful sales of each property. The successful auction marketing of this portfolio clearly demonstrates the effectiveness of the FRE auction marketing program to deliver extraordinary results for all types of real estate.Other Hostess Brands properties available in the auction were former Bakery Outlets in Hampton, Virginia; Tallmadge, Ohio and Indianapolis, Indiana. None of these properties were in good condition, each in various states of distress and located in impacted markets. On-site signage and support from the local brokers concluded in successful sales of each property. The successful auction marketing of this portfolio clearly demonstrates the effectiveness of the FRE auction marketing program to deliver extraordinary results for all types of real estate.
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