🚀 go-pugleaf

> Baltimore Auction Company Hits Home Run
> >   With Revived City Auction Techniques
> >
> > Col. Irv Sass of Baltimore Auction Company was recently hired to sell
> > the house and contents
> > formerly owned by the late Ms. Irene C. Moore of Baltimore.  Mrs. Moore
> > owned 2913 St. Paul Street
> > and had lived there for approximately 50 years.  Included in her estate
> > were a number of pieces of
> > antique furniture and decorative arts pieces, appraised at $9000.00.
> > Her home, a three level
> > townhome in Charles Village, Baltimore, was also appraised and was
> > pegged at $119,000, below other neighborhood properties due to the
> > existance of deferred maintenance on the home.
> > A marketing period of 20 days featured print media, internet,
> > telemarketing and local
> > auction promotion techniques.  Deposit requirements to bid included the
> > posting of $7000.
> > with the auction company, less than 6% of the hammer price.
> > Col. Sass joined forces with Harris Auction Company, one of the oldest
> > licensed personal property auction houses in the city, who lent their
> > expertise to evaluate, promote and help sell the contents of the
> > building.
> >      The home and contents were advertised as a non-absolute old
> > fashioned on-site sale, typical
> > of the way city auctions were frequently conducted in the 1970 era in
> > Baltimore.  Col. Sass believed that the time proven technique of
> > offering both the real and personal property together on-site would
> > attract a strong gathering. He noted that this approach declined in
> > useage when auction galleries became more
> > abundant and consignors were encouraged to ship their merchandise to
> > remote locations to sell.
> > At the request of the personal representatives and attorney for the
> > estate, the auction was conducted on Friday, March 31 on site.
> >   Over 100 attendees filled the 90 year old small home and forced the
> > auctioneers to move the crowd outside into the small front yard and
> > sidewalk area, where they competed vigorously for the right to own both
> > house and personal property.  Many passing motorists slowed down to
> > catch glimpses of the sale.
> >         At the conclusion, the contents grossed $16,720.  The house
> > grossed $135,200.  Both figures
> > were well above appraised value.
> >   Col. Sass was assisted by auctioneer Col. Bob Hendrickson, of
> > Annapolis in the sale. Harris Auction Company was represented by Col.
> > Richard Hall.
> >contact irv at baltimore auction co at  email   baltauct@erols.com