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for real estate auction questions, and click on the question of
interest to you to take you to a page to answer the question.
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ASF
President, Rev. Freddie Lee Phillips, is also the President and
Founder of the Louisiana Association of Professional Auctioneers
(LAPA):
ASF is the ONLY auction firm in Louisiana to
offer a "No Shill Guarantee"
<SM> to protect
bidders at its auctions!!
<SM> The phrases "No
Shill Guarantee," "No
Booster Guarantee," and "No
Capper Guarantee" are all service marks registered to
Auction Sells Fast by the Louisiana Secretary of State's Office.
Shill bidding (the utilization of
"plants" in the bidding audience whose sole purpose is to
artificially
inflate the bid with no intention of buying) was a hot-button issue
in the 2010 LA Legislative Session, at the 2010 Louisiana
Auctioneer's Association Convention, and at the May 2010 Louisiana
Auctioneer's Licensing Board meeting. In response to what ASF
considers a despicable, dishonest, unethical,
and fraudulent practice sometimes deployed in the auction
industry, we have implemented our "No Shill Guarantee" <SM> effective July
19, 2010 to provide assurance to our bidding public that we will
NEVER be tolerant of the
practice!!
CLICK HERE to learn more about
SHILL BIDDING and ASF's actions taken to protect the bidding public
through its "No
Shill Guarantee" <SM>
to protect its bidders.
REAL ESTATE AUCTION QUESTIONS:
1. How do I BUY
properties at your auctions?
A. Will I receive clear title?
B. What properties do you have
coming up for auction?
2. How does
a real estate auction work and what are its benefits?
A. How does
a real estate auction differ from traditional listings?
B.
What will my adversiting be like?
C.
Why should I even consider a real estate auction?
D.
Would I be a good candidate for a real estate auction?
E.
Will I be forced to sell my property if I auction it?
F.
How are you compensated?
G.
What if my property is already listed with a traditional agent?
3. How do
your auctions differ from sheriff sales?
4.
Where do you start the bidding? Are you licensed? Has
auction become mainstream?
5. Has
anyone with your company ever sold real estate via auction?
6.
Shill bidding: An incidious cancer to the auction industry,
really?
7.
May I see a few of your past real estate auctions?
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