Course Title:

How to Survive a

Real Property Auction

Number of Credit Hours: 3

Duration:

3 hours

Provider Name:

Myers Jackson

Provider License Number:

698695

Course Description: The Real Estate CE Elective Course on “How to Survive a Real Property Auction” explores the dynamics between real estate professionals and auctioneers, addressing common fears and misconceptions while highlighting opportunities for collaboration. Participants will gain insights into auction processes, accelerated marketing strategies, handling contingencies, and optimizing open houses.

 

Assignments, Activities, and Topic Quiz:
• Group Discussion: Participants share their experiences and concerns regarding
collaboration between real estate professionals and auctioneers.
• Case Studies: Analyze real-world scenarios involving auction sales and real estate
transactions, identifying key strategies and challenges.
• Role-Playing Exercise: Participants enact negotiations between real estate agents, sellers,
and auctioneers, focusing on effective communication and problem-solving.
• Quiz on the course topics covered in this session
• Multiple-choice questions assessing participants’ understanding of the course material

TIMED CE COURSE OUTLINE<br />

Course Title:

How to Survive a Real Property Auction

Number of Credit Hours: 3

Duration: 3 hours

WHERE:

METRO TEX HEADQUARTERS

1701 KINWEST IVING, TX 75063

WHEN:

WEDNESDAY OCTOBER 30, 2024

9AM-12PM

Course Description: The Real Estate CE Elective Course on “How to Survive a Real Property Auction” explores the dynamics between real estate professionals and auctioneers, addressing common fears and misconceptions while highlighting opportunities for collaboration. Participants will gain insights into auction processes, accelerated marketing strategies, handling contingencies, and optimizing open houses.



MESSAGE FOR MORE INFO

TEXT: “How To Survive a Real Property Auction 3 Hour CE Course”

to 469-460-4848

REAL ESTATE AGENTS

 

How To Survivea

Real Property

Auction

3 Hour CE Course

metro tex ce course

Course Topics:


Main Topic - Collaboration between Real Estate Professionals and Auctioneers

Main Topic: Collaboration between Real Estate

Professionals and Auctioneers

Number of Minutes: 40

Subtopic 1 - Common Misconceptions and Fears

Subtopic 1: Common Misconceptions and Fears

  • Discussion on common fears and misconceptions real estate professionals have about auctions and how these can be overcome. Are auctions only foreclosures?
    • What are common property types: Residential, Commercial, Land and Ranch, Multi-parcel, multi-property

Subtopic 2: Understanding Auction Processes

Subtopic 2- Understanding Auction Processes

  • Detailed explanation of how auctions work, including the different phases of an auction, key roles, and the flow of an auction event. What does the law say on who can conduct an auction?

    Subtopic 3: Accelerated Marketing Strategies

    Subtopic 3 - Accelerated Marketing Strategies

  • Exploration of marketing strategies used to accelerate property sales through auctions,
    including targeted advertising and leveraging auction platforms.

     

    Subtopic 4: Handling Contingencies and Buyer/Seller Concerns

    Subtopic 4 - Handling Contingencies and Buyer or Seller Concerns

  • Strategies for managing contingencies in auction sales and addressing common buyer and
    seller concerns. What are the terms and conditions of sale?


     

    Main Topic: Optimizing Open Houses

    Main Topic - Optimizing Open Houses

    Number of Minutes: 35

    Subtopic 1: Multiple Offer Management

    • Techniques for managing multiple offers during open houses to ensure optimal outcomes
      for sellers. Blind Offer vs. Open Market Offers

    Subtopic 2: Improved Contract Terms

    • Discussion on how auctions can lead to improved contract terms for sellers, including
      fewer contingencies and quicker closings, disclosure is key!

      Subtopic 3: Seller, Buyer, and Agent Advantages

      • Examination of the advantages auctions provide to sellers, buyers, and agents, and how
        these benefits can be communicated effectively in an open public situation (i.e.
        Accelerated Open House)

    Multiple Offer Management


       

      Main Topic: Exploring Auction Formats

      Exploring Auction Formats

      Number of Minutes: 30

      Subtopic 1: Live Outcry Auctions

      • Description of traditional live auctions where bidders participate in person, including key
        elements and considerations. What role does the auctioneer play?

      Subtopic 2: Online-Only Auctions

      • Overview of online-only auctions, where bidding occurs exclusively over the internet,
        and the benefits and challenges of this format. How the auctioneer monitors bidding.

        Subtopic 3: Simulcast Auctions

        • Explanation of simulcast auctions, where live and online bidding occur simultaneously,
          and how this format blends traditional and modern auction practices. How bids are
          received across platforms.

        Type of Auction Formats


       

      Assignments, Activities, and Role-Playing Exercise

      Role-Playing Exercise

      Number of Minutes: 15

      Activity 1: Group Discussion

      • Participants share their experiences and concerns regarding collaboration between real
        estate professionals and auctioneers, fostering a collaborative learning environment.
        Questions, Myths

      Number of Minutes: 10

      Activity 2: Role-Playing Exercise

      • Participants enact negotiations between real estate agents, sellers, and auctioneers,
        focusing on effective communication and problem-solving.

        Case Studies and Analysis

        Case Studies and Analysis

      Number of Minutes: 10

      Case Study 1: Auction Sales Scenarios

      • Analysis of real-world scenarios involving auction sales, identifying strategies,
        challenges, and lessons learned. (Coke Martin Estate)

      Number of Minutes: 10

      Case Study 2: Complicated Real Estate Transactions

      • Examination of case studies on real estate transactions related to auctions, highlighting
        key points and takeaways. (The Filmore Estate)

         

        Assessment: Quiz on Course Topics

        Assessment - Quiz on Course Topics

        Number of Minutes: 15

        Multiple-Choice Quiz

        • Assessing participants’ understanding of the course material through a series of carefully
          designed questions covering key topics

        Conclusion and Q&A

        Course Recap

        Number of Minutes: 05

        Course Recap

        • Summary of the key points discussed throughout the course, reinforcing important
          takeaways.

          Q&A Session

          Q&A Session

          Number of Minutes: 05

          • Open floor for participants to ask questions, clarify doubts, and engage in further
            discussion.
            Total Number of Minutes: 180Total Minutes for Course (50 minutes per credit hour): 180 minutes = 3 credit hoursAmount of Time Dedicated for Each Topic
            Introduction and Course Overview: 5 minutes
            • Collaboration between Real Estate Professionals and Auctioneers: 40 minutes
            • Optimizing Open Houses: 35 minutes
            • Exploring Auction Formats: 30 minutes
            • Assignments, Activities, and Role-Playing Exercise: 25 minutes
            • Case Studies and Analysis: 15 minutes
            • Assessment: Quiz on Course Topics: 10 minutes
            • Conclusion and Q&A: 10 minutes

          Thank you


          WHERE:

          METRO TEX HEADQUARTERS

          1701 KINWEST IVING, TX 75063

          WHEN:

          WEDNESDAY OCTOBER 30, 2024

          9AM-12PM

          How To Survive a Real Property Auction 3 Hour CE Course

          .


          How to Survive a Real Property Auction

          Texas Real Estate Commission Consumer Protection Notice

          To Contact the Texas Department of Licensing and Regulation

          Myers Jackson License Disclosures

           Myers Jackson TX Broker 0698695

          commercial land for sale fort worth
          How to Survive a Real Property Auction
          commercial land for sale fort worth
          Myers Jackson American Auctioneer
          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

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