A — April 12 - 25, 2013 — Mid Atlantic Real Estate Journal www.marejournal.com M id A tlantic R eal E state J ournal A uctions Approval of Lon Morris College sale is positive for estate, community AmeriBid LLC opens Reston, VA Office: Second Office in Washington DC Area
R
eston, VA — Amer- iBid LLC announces the opening of their
comes as AmeriBid LLC is expanding its auction ser- vices to offer homeowners the opportunity to include their own property in AmeriBid’s monthly auctions. “This is an exciting opportunity for ho- meowners as we offer a way to create excitement about the sale of a property that is unparalleled in the resi- dential real estate market,” said Stephen Karbelk , the co-chairman and founder of AmeriBid LLC. Before the new service came online, homeowners had few options beyond list- ing their home for sale. Now, sellers have the opportunity that AmeriBid’s corporate clients have been leveraging for years: to take advantage of the excitement a profes- sional auctioneer creates on auction day to sell their property to the high bidder. A professionally marketed auction brings buyers to the property on auction day
who are excited to have the chance to buy the property. Additionally, the company is excited to announce the recent hiring of Eugene Davidzon . Davodzon brings a decade of real estate expe- rience to the company along with degrees from the Uni- versity of Michigan in Eco- nomics and Urban Planning. He is a licensed real estate broker in Washington, D.C., Maryland, and Virginia. “The DC real estate market is heating up so auctions will drive the prices even higher,” said Eugene Davidzon. “I’m excited to join a company with the vision and experi- ence needed to become an industry leader.” In other Ameribid news, Court approval of the auc- tion of Lon Morris College in Jacksonville, TX was good news not only for the estate, but for the entire Jackson-
ville area, according to Kar- belk, which marketed the college and managed the auction. “The Jacksonville Inde- pendent School District got a great value on the properties it bought, including land that will serve as the site for a new elementary school. And an area business obtained land and facilities it can use to expand. This puts these properties in the hands of organizations that can put them to positive use to cre- ate jobs and support the local economy,” said Karbelk. Most of the assets were purchased by the Jackson- ville Independent School District and 11 x 17 inc., an office supply company, in a sale that totaled $2,490,500. The sale was confirmed by the U.S. Bankruptcy Court for the Eastern District of Texas. “It was an exciting project for AmeriBid, with a lot of
unique challenges. But as with any other property we sell, we had to look at the assets, determine their po- tential uses, and identify the markets for them. This called for a lot of decisions and for close coordination with chief restructuring officer Dawn Ragan . Seeing it all work out successfully is immensely gratifying,” said Karbelk. While unique, the proj- ect was well suited to the methods honed by AmeriBid through scores of auctions for financial institutions. “What- ever assets you’re selling, it is important to realistically assess the market, and to position them to attract pro- spective bidders. Sometimes -- as was the case with Lon Morris College -- you have to reach out to prospective buyers across the country and create the urgency of an auction in order to sell it to someone in the immediate area,” said Karbelk. n
second o f - fice in the DC market area. AmeriBid LLC is ex- cited to an- nounce it is expand i ng i t s ope r a -
Stephen Karbelk
tions in the Washington, DC metropolitan region with the opening of a second office in the local market. The com- pany will operate an office in Reston, VA and Gaithers- burg, MD with more offices to open shortly. Located just off the Dull- es Toll Rd. in the Reston Town Center, the new office will help the company serve the need for residential, commercial, and industrial real estate auction services throughout the region. The new office opening
REAL ESTATE AUCTION 4PM TUESDAY MAY 14TH
1-855-831-4242 NJ-PA-DE-NY-MD-VA
66.342 +/-ACRES ZUCKSVILLE, RD., FORKS TWP, EASTON, PA 66.342+/- Acres, 113 Lot Recorded Subdivision, Beautiful parcel located in highly desirable area. Public water and sewer, natural gas. Opening Bid Only: $8,000.00 per acre. Guaranteed “Sold” at or above the opening bid. (610) 799-0808
4644 (Rt. 309) Main St. Schencksville, PA 18078
Info & Terms at: www.tomhallauctions.com Tom Hall Auctions (#1734)
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