Topic: Auctions

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How to sell a house? Five reasons to auction it.

In locales across the United States, home auctions are taking place with increasing frequency. Real estate companies are opening auction divisions; agents are attending auction school to learn how to sell a house in a new way. In its first six weeks of operation, our auction portal received more than 1,000 visits from across the US and 29 nations. Two-thirds of the visitors who completed our survey had not yet listed their home with a real estate agent, meaning they were thinking of auction as their first option. These homeowners aren't in foreclosure; they're simply looking into this alternative sales method to find out if auction is right for them. Here are five benefits of auctioning your home:
Top 5 nations that use renewable energy

Here are the top users of renewables, not counting biofuels or hydroelectricity. Numbers indicate country percentage of total global renewable usage.
Ali Wentworth: 8 stories from an inside-the-Beltway childhood

From her new memoir 'Ali in Wonderland,' the actress and comedian shares memories of her Washington D.C. upbringing and later life as a wife and mother.
In Pictures: Elizabeth Taylor auction
5 best websites for turning junk into cash

Houses have an almost magical ability to accumulate junk, and everyone seems to have stuff they don’t really want and won’t ever use. Instead of letting that box of unused electronics or your great aunt’s porcelain cat collection turn you into an unwilling hoarder, why not sell it off and make some extra cash? You can try doing it yourself (check out 13 Tips for a Super Yard Sale) or take your stuff to a local consignment shop (although you’re going to pay a large commission fee – at least 40 percent of the sale price, according to MSN). Like everything else these days, online is where’s happening. But if you want to earn top dollar, make sure you target the right market:

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The price of milk: Low for milk drinkers, but sinks family farms

With the price of milk low and feed and fuel costs spiraling, family dairy farms struggle to compete with large farms. In Vermont, the MacLaren family gives up dairy farming after three generations, joining the gradual national decline of small farms.
In Gear
Fiat auctions special edition car via Twitter

Fiat hosts TwitBid auction for a special-edition Fiat 500. The winning bid was €15,200. 
For sale: Tyrannosaurus skeleton at NYC auction

A nearly complete Tyrannosaurus bataar skeleton, the Asian cousin of the T-Rex dinosaur, is up for sale Sunday. Starting bid: $850,000.
Diamond sells for $9.7 million at Swiss auction

Diamond sells for $9.7 million in an auction in Geneva. Marie de Medici wore the 34.98 carat Beau Sancy diamond at her coronation as Queen Consort of Henry IV in France in 1610.
The Scream sale led to record $330 million auction at Sotheby's

The Scream is officially the most expensive artwork in the world, at $120 million, topping a Picasso sold for $106 million. The Scream also led to a new sales record for an Impressionist and Modern auction for Sotheby's.
'The Scream' sells for record amount at New York auction (+video)

Edward Munch's famous painting 'The Scream' sold for just under $120 million dollars at Sotheby's.
How to sell a house? Five reasons to auction it.

In locales across the United States, home auctions are taking place with increasing frequency. Real estate companies are opening auction divisions; agents are attending auction school to learn how to sell a house in a new way. In its first six weeks of operation, our auction portal received more than 1,000 visits from across the US and 29 nations. Two-thirds of the visitors who completed our survey had not yet listed their home with a real estate agent, meaning they were thinking of auction as their first option. These homeowners aren't in foreclosure; they're simply looking into this alternative sales method to find out if auction is right for them. Here are five benefits of auctioning your home:
400-year-old diamond – owned by royals – for sale

400-year-old diamond, owned by a French king and German, British royal families, will be auctioned off by Sotheby's May 14. Known as the 'Beau Sancy,' the 400-year-old diamond is expected to fetch up to $4 million.
Worthless? Hardly. Rare penny sells for $1.15 million.

Rare penny minted in 1792 and never circulated was auctioned off for $1.15 million. There are believed to be only 14 copies of the rare penny in existence.
Top 5 nations that use renewable energy

Here are the top users of renewables, not counting biofuels or hydroelectricity. Numbers indicate country percentage of total global renewable usage.
Ali Wentworth: 8 stories from an inside-the-Beltway childhood

From her new memoir 'Ali in Wonderland,' the actress and comedian shares memories of her Washington D.C. upbringing and later life as a wife and mother.
Obama car for sale: Only 20,800 miles. $1 million.

Obama car goes up for sale on eBay by anonymous owner. While senator, Obama leased a gray Chrysler 300C. The book value is $16,500. The minimum bid: $1 million.
10,000 Paterno memorial tickets go in 7 minutes

The tickets were distributed free through the athletic department website with a limit of two tickets per person.
Good news in Europe, China lifts stocks

Slight improvements in Europe's troubled debt markets and China's economy lifted stocks Tuesday. The Dow rose 60 points to close at 12482
Stock prices rally late; Dow up 21

Stock prices were falling most of the day but rallied late on a drop and oil prices and bond auctions in Europe. Stock prices buoyed the Dow 21 points to end the day at 12471.
Spain, Italy on the mend? Investors make it easier to borrow

Spain and Italy hit their borrowing targets today, benefiting from favorable lending rates that signal eurozone investors' cautious confidence.
'World's most expensive book' has collectors chirping

An rare intact copy of 'The Birds of America' by John James Audubon has come up for auction.
Dow surges 337 on Europe, housing report

The Dow jumped 337 points to close at 12103 as good news from Europe combined with a surprisingly strong report on US housing sent stocks soaring through their best day of the month
Elizabeth Taylor auction nets record millions (VIDEO)

At Elizabeth Taylor auction world-renowned jewels took in $116 million.
Interest rates, stress rise on Italian borrowing

Interest rates on 10-year Italian bond move up to 6.69 percent, nearing the 7-plus percent interest rates that forced Greece, Ireland, and Portugal to seek bailouts.
In Pictures: Elizabeth Taylor auction
5 best websites for turning junk into cash

Houses have an almost magical ability to accumulate junk, and everyone seems to have stuff they don’t really want and won’t ever use. Instead of letting that box of unused electronics or your great aunt’s porcelain cat collection turn you into an unwilling hoarder, why not sell it off and make some extra cash? You can try doing it yourself (check out 13 Tips for a Super Yard Sale) or take your stuff to a local consignment shop (although you’re going to pay a large commission fee – at least 40 percent of the sale price, according to MSN). Like everything else these days, online is where’s happening. But if you want to earn top dollar, make sure you target the right market:
$203,150 purse: Hermes bag sells for what?!

$203,150 purse: A handbag sold at a Dallas auction was the most expensive ever sold. An anonymous collector bought the $203,150 purse, a red crocodile Hermes Birkin bag.
Apollo 13: James Lovell's checklist sells for $388,375

Dallas-based Heritage Auctions sold the Apollo 13 checklist Wednesday as part of a batch of US space program artifacts being offered during its 'Space Signature Auction.'
Six ways the rich really do get richer

“Class warfare:” Lately this old term has been taking on new life as political theater, a way to rebuke Wall Street protestors, and, predictably, fodder for Fox News. According to Google, in just the last month alone, 3,870 articles have been published containing these words. Another way to express the concept of rich vs. not-so-rich is the expression, “The rich get richer and the poor get poorer.” It’s been around for a long time: According to Wikipedia, William Henry Harrison went there in 1840: “I believe and I say it is true Democratic feeling, that all the measures of the government are directed to the purpose of making the rich richer and the poor poorer.” I’m not going to take a stand on either side of the “class warfare” debate by saying that the rich do or don’t take unfair advantage of the rest of society. This is America, where we all have the potential to become rich. But I will say this unequivocally: The rich do get richer, or at least have the potential to. Let’s count the ways: