Monthly Archives: May 2010

Another Online Auction for Commercial Real Estate in South Carolina!

Posted by rbennett on May 27, 2010
South Carolina Commercial Real Estate Auctions / No Comments

LFC launched a new online auction campaign for two parcels of development land in South Carolina this week, and I wanted to fill you in on all the details. This campaign is going to be a quick one because the Bid Deadline is just around the corner on June 24th and this opportunity is sure to get snatched up soon!

The first parcel offered on our online auction website, LFC.com, is comprised of +/- 210 acres in Anderson, SC. The property has direct access to Broadway Lake and features panoramic views of the nearby rolling hills. Located only ten miles away in the town of Starr, the second land parcel has +/-62 acres zoned for residential, agricultural or recreational use. Better yet, it also has preliminary utilities on site!

Known as the “friendliest city in South Carolina,” Anderson and the surrounding metropolitan area has over 165,000 residents making both of these properties phenomenal development opportunities. Moreover, there are over 230 manufacturers, including 22 international companies in the area. Anderson and Starr are situated in the Blue Ridge Mountains of North West South Carolina, making them only a two hour drive from both Atlanta, Georgia and Charlotte, North Carolina.

To view all of the documents such as property maps, development plans, tract maps, and all necessary due diligence materials, go to the online auction at LFC.com.

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Online Auction in Diamondhead, MS

Posted by rbennett on May 19, 2010
Mississippi Commercial Real Estate Auctions / No Comments

We recently launched a new auction for a property in Diamondhead, Mississippi on our online auction platform for the disposition of land and commercial property, LFC.com, and it’s about time to fill you in on some of the details. Diamondhead is located in the southwest corner of Mississippi, less than 60 miles from both New Orleans, Louisiana and Biloxi, Mississippi. The Gulfport-Biloxi International Airport is also only a short drive east. As part of the Gulfport-Biloxi metropolitan area, Diamondhead has close to 6,000 residents, according to the 2000 national census.

Located on Park Ten Drive with high visibility and exposure to the busy I-10 freeway, this versatile land parcel is zoned C-2, and includes a signage site that can be used to generate additional income. Over 850 ft. of the property’s +/-13.72 acres are along Interstate-10. More importantly, the property’s suggested value is $2,500,000 and the minimum bid starts at $1,000,000!

If you want to see property photos, documents and other pertinent information, visit the online auction at LFC.com . Or if you want to get involved in the conversation with others in Diamondhead, you can become a fan of the Hancock County Chamber of Commerce on Facebook, follow them on Twitter, or join their network on LinkedIn. You can also get real time updates about this online auction and all of the other LFC auctions by following us on Twitter.

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First Never Lose a Listing Auction Successful

The Never Lose a Listing® program is the newest addition to the LFC Group of Companies’ online auction platform, and we would like to highlight the first success story from this program for real estate professionals. If you missed our first post about Never Lose a Listing®, I’ll bring you up to speed on how the program works.

Never Lose a Listing® is aimed at commercial real estate professionals who want to utilize LFC’s online auction technology at no cost while keeping 100% of their sales commission. Real estate professionals looking to diversify their marketing strategies can use this program to build and run their own online auction campaigns, helping them capture buyer attention in today’s saturated commercial market. Participants in the program manage all of their online auctions while keeping a close watch on their prospects through the platform’s detailed prospect management tools.Furthermore, prospective buyers are directed to the broker’s exclusive landing page as participants market their listings independently from LFC.

One of the first real estate professionals to auction commercial property with this program generated a tremendous amount of buyer attention by utilizing LFC’s marketing tools, and in return, received multiple bids on the property. The auction was originally scheduled to end on April 29th, 2010, but the seller elected to invoke LFC’s patent-pending bid extension process, LAST CALL®, and the frenzy of competing buyers kept the auction going for an additional six days. In previous posts, I’ve explained how the extra time afforded by LAST CALL® protects bidders from unfairly losing the auction and allows them extra time to deliberate through their due diligence. Needless to say, the bidders might never have found their way to the online auction if not for the broker’s persistent use of LFC’s marketing tools.

One such cost-effective tool is auction signage. With Never Lose a Listing®, participating brokers can purchase the same signage that has proven remarkably effective throughout LFC’s storied history. Each auction sign, as well as all marketing fliers generated by the system, feature a unique URL that takes interested buyers directly to the auction property’s webpage, where prospects can view more property details and photos and perform extensive due diligence prior to placing a bid. Signage is one of the most cost effective and successful forms of marketing an online auction, and LFC streamlines the process, allowing brokers to focus on what they do best.

We expect this broker to capitalize on the opportunity to continue using LFC’s online auction technology in the near future, and we hope that his new auctions are as successful as this one. For more information about this program, visit LFC.com/NLL now.

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