I Survived Real Estate 2008 - Bringing together the real estate community to benefit the Orange County Affiliate of the Susan G. Komen for the Cure

Thank you Proxibid for helping The Norris Group broadcast “I Survived Real Estate 2008″ via the internet and to also conduct the online benefit auction. Your team was incredible and your service allowed numerous people who could not attend the live event to tune in over the internet!

More about Proxibid: http://www.proxibid.com/

Based in Omaha, NE, Proxibid provides the auction industry with a turn-key, live Internet bidding solution for companies of all sizes. From personalized account managers to hands-on marketing assistance, we work with auctioneers to bring live Internet bidding to a global online audience. We are committed to providing the auction industry with cutting-edge technology while continually assessing the wants and needs of auction companies, auctioneers and their customers. Our goal is to create innovative and advanced Web applications to meet the demanding requirements of the industry. We are dedicated to providing the highest level of reliability, service and support to our clients.

Our customer service and support is unmatched in the industry. We host more than 400 auctions each month in a variety of auction categories, from antiques and collectibles to farm and heavy equipment and everything in between. No one in the industry provides as many auctions per month with real-time Internet bidding. Whether you’re a one man shop, or a large auction company, we can work with you to customize an auction solution that meets your individual needs.

For Auctioneers
When you work with Proxibid, you can rest assured that your auction is our number one priority. We are proud to offer the most comprehensive customer service and support package in the industry. We view our relationships with our customers as a partnership, and we stand by our customers to ensure the best online auction experience possible.
- Customer service & support
- Professional marketing team
- Personal account manager
- Live Internet bidding technology
- Free live audio / video streaming
- Fraud prevention team
- Time-saving auction tools
- Unlimited Training

For Bidders
With Proxibid, bidders can log on, bid and win on thousands of items from hundreds of auctions each month. Our live online bidding software enables bidding from every corner of the globe and ensures that you won’t have to miss an auction ever again! Bid from your home or office, just as if you were at the live auction. We work directly with auctioneers, which means you never have to worry about fraudulent sellers. And when you need assistance our customer service and support team is here to help.

About Live Interactive Webcast Auctions
Proxibid offers a dynamic Internet-based application to deliver a visual representation of onsite auctions to Internet bidders. This allows auction companies to provide Internet bidders with a means of participating in “live” auctions through an Internet-based application. Internet bidders can observe, communicate, and participate in a “live” auction online with Proxibid’s proprietary bidding application. With Proxibid’s online bidding application, bidders can participate from live auctions from the comfort of their home or office, just as if they were at the live auction. Bidders can even pre-bid and leave absentee bids on Proxibid.

About Timed Auctions
Proxibid offers timed auctions with extended bidding. Extended bidding during timed auctions ensures that all bidders have the opportunity to bid on and win their item. If a bid is placed during the final five minutes of an auction, the auction is automatically extended five more minutes. This ensures that sniping, or bidding at the last second of an auction, cannot occur, and levels the playing field for all participants. For bidders, a timed auction with extended bidding ensures that everyone has the same opportunity to win their item of interest. For auctioneers, a timed auction with extended bidding provides the opportunity to sell an item at a higher price than with other timed auction providers.

Industry Leadership
Proxibid has become the industry leader because of the Company’s knowledge of its vertical markets, its unparalleled customer service and support and its expertise in developing and implementing it proprietary Internet bidding application. Proxibid has embraced expert auctioneers from within the global auction community to build products and to provide services that work directly with current and future practices, methods and rules used throughout the auction industry. Proxibid understands the critical integration points between the real world and the virtual world.

Proxibid provides its auction house customers with a level of service and support that is unmatched in the industry. Each auction company client is assigned a personal account manager who works with the client throughout the relationship. Proxibid also provides strategic marketing for auction companies, including co-op advertising programs, public relations and collateral generation. The Company’s bidder support is second-to-none. Its call center is open before, during and after all live auction events, no matter the date or time, ensuring that all bidder questions are answered and that any issues are resolved in a timely fashion.

History
Proxibid, Inc. was founded as a Nebraska corporation on July 28, 2001 and hosted its first online auction in January, 2003. Since that time the company has grown exponentially. It works with more than 950 auction companies across the U.S. and hosts more than 400 auctions each month. Proxibid founders are Andrew Liakos, Product Manager; Ken Maxwell, Vice President of Marketing; and Joe Petsick, Chief Financial Officer.

A very special thank you to Randy Grigg, Mike Grigg, Rick Werner, and Connie Waddel from Elite Auctions for not only being Gols Sponsors but for also helping Tommy Williams with our auctions during the program. With their help, I Survived Real Estate raised another $3,000 for the cause. Thank you Elite Auctions!!!

About Elite Auctions:

Elite Auctions was formed out of a need to sell residential real estate more efficiently. The owners of the company are investors who buy and sell property, primarily single family homes.

Obtaining the highest price in the shortest period of time has always been their priority. In traditional sales, where property is listed with the hope of attracting a buyer using the MLS and a sign in the front yard, the owners found that in most markets it takes much more to get the job done quickly. “Many times we had vacant houses that were fixed up. It was critical that our carrying costs (interest on acquisition costs, labor and materials for fix up costs, insurance and property tax expenses) be reduced by selling and closing as soon as possible after the rehab was completed.

Before we assisted others in selling their property, our own real estate was used as “guinea pigs.” After two years of selling our property using the auction method and after tweaking and adjusting our marketing program, we felt comfortable selling for others.

Our goal was to sell real estate quicker and more efficiently without sacrificing the net amount our clients receive at closing (compared to the traditional list and sell method).

Several of our clients are Realtors who make their living selling real estate. Due to the fact they come to us to not only sell their own properties but also properties for their clients, we must be doing something right.

Many people think when a property is offered for public auction, the resulting price will be much lower than if it was offered at a listed price. More than likely if the property is listed at exactly the right price the marketplace is willing to pay, and the market is properly reached, the property will most likely sell quickly. The problem is most properties are not listed at exactly the price the market is willing to pay.

Appraisals and comparable sales are just guesses. Unlike a bar of gold or a share of stock, where price is set daily by supply and demand, any piece of real estate has its own unique value. Its price has little to do with value, people make value. Real estate is worth whatever people will pay. The auction method, together with our state of the art marketing program, where much more than the MLS and a sign are used to attract buyers, allows the price to match what the property is really worth. By creating both urgency and emotional competition using the auction method, we’ve found our clients avoid selling too cheap or sabotaging a sale by listing at a price too high.

Hopefully this gives you some insight into how our service is designed.

http://www.sellwithauction.com/

If you are in need of auction serivices, please check out Elite Auctions. The Norris Group sold its commercial building and several other homes with Elite and have been extremely happy.