Posts with tag 'Auctions'
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8
CRYE-LEIKE AUCTIONS PREPARING FOR THE HIGHEST BIDDER
BRENTWOOD, TN.- Crye-Leike, Auctions Broker Terry Posey is preparing for one of his biggest auctions to date? and possibly the oldest property he's had the opportunity to sell to the highest bidder.
"It is a unique property," said Posey, referring to the 34-thousand square foot Old Mayfield Elementary School that goes on the auction block the first of next month. "We mostly sell houses, farms and land so an entire school is unusual, but there isn't much difference in the general way we market the property and conduct our auction."
Last month the Cleveland City Schools Board of Education signed an agreement with Crye-Leike Auctions to sell the 79-year-old school. Auctioneer Terry Posey along with Tony Young have agreed to sell it at no charge.
"It's a desirable approach for the school system to take the property to auction as opposed to the usual route of listing it and waiting for offers," said P...
12
Going Once... Going Twice... Crye-Leike Auctions Puts Bright Idea House on Auction Block
The auction will be conducted by master auctioneer Landis O. Foy of Crye-Leike Auctions as an absolute auction with no minimum sales price or reserve. With an absolute auction, the property is sold to the highest bidder, regardless of the price.
"If the house sells for a nickel or $ 1 million, it will sell on Sat., August 24 at 10:30 a.m.," says Foy. "Someone will own the property soon after 10:30 a.m."
Crye-Leike Auctions will conduct the auction on the front lawn of The Bright Idea House, located at 62 S. Cox S...
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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