by Myers Jackson | Sep 10, 2022 | Terms
Auction Technology Specialist A professional designation awarded by the NAA Education Institute to help professional auctioneers understand today’s technology and how to use it to improve their business. ATS auctioneers gain experience in conducting live and online...
by Myers Jackson | Sep 10, 2022 | Terms
Preview Specified date and time property is available for prospective buyer viewing and audits. Also known as “Open House” or “Inspection”. Contact Get InTouch Email: 411@myersjackson.com Phone: +1-844-400-2828 Phone +1-469-460-4848 Text Address: Myers Jackson...
by Myers Jackson | Sep 10, 2022 | Terms
Absolute Auction An auction where the property is sold to the highest qualified bidder with no limiting conditions or amount. The seller may not bid personally or through an agent. Also known as an “auction without reserve.” Contact Get InTouch Email:...
by Myers Jackson | Sep 10, 2022 | Terms
Auction Price The price of a property obtained through the auction method of marketing. Contact Get InTouch Email: 411@myersjackson.com Phone: +1-844-400-2828 Phone +1-469-460-4848 Text Address: Myers Jackson P.O. Box 2014, Grapevine, TX 76099 Name* First Last...
by Myers Jackson | Sep 10, 2022 | Terms
Market Value The highest price that a property will bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus. ...
by Myers Jackson | Sep 10, 2022 | Terms
Other Real Estate Owned Real property owned by a banking institution that is not directly related to its business. In balance sheet terms, OREO assets are considered non-earning assets for purposes of regulatory accounting. OREO is most frequently a result of...