Tranzon Auction Properties - Real Estate Auction Blog

FAIRFAX, Va., Aug. 3 /PRNewswire/ — In response to the slowdown in the real estate market and the growing inventory of listings, Coldwell Banker Residential Brokerage and Tranzon Fox have established a new “ballroom auction” service exclusively for their clients.
On Thursday, October 25th, the companies will hold the “Fall 2007 Ballroom Auction Event” of residential and commercial properties located in Virginia, Maryland, and Washington, DC. “We expect to have between 20 and 30 properties up for auction,” said Stephen Karbelk, CAI, AARE, regional president of Tranzon Fox, in Fairfax, VA. “This auction event, customized for Coldwell Banker’s clients, is the perfect avenue for their clients that have time pressures requiring them to sell quickly.” Click Here for the full story.