AMLIN & ASSOC AUCTION SVC

I am the executor of the estate of 2 close relatives and was faced with the disposal and sale of their property and contents. I had contacted a real estate agent - Pat Lindsey of Remax Executives - and signed a contract for the house to be listed. Pat suggested that we might want to talk with Jack Amlin about auctioning the property. We had listed the house for $95,000 but were faced with having to put $15,000 in to make it ready for sale plus would have to pay the real estate commission so we were looking at possibly netting about $70-75,000. The other things to consider were that there were an abundance of homes in that price range in the area for sale and that the house that was 2 doors away had been on the market for 1 1/2 years without selling. Jack thought that the house could sell as is for $60-70,000. Jack was very good about describing the process and we decided to go with the auction. The advantages would be that we would have the house sold quickly and that the buyer pays the commission and not the seller. We would only be responsible for the advertising and some closing fees. I was nervous at the auction but we had a lot of interest and the bidding went well. The high bid was $67,000 and we ended up netting $64,500. We were extremely pleased with the process and outcome and want to thank Jack Amlin and his staff and also Pat Lindsey for referring him to us.