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“The sale brought over 14% more than your Broker’s opinion of value at a sales price of $3,200,000.00. Missouri Department of Transportation is very pleased with the results. Your unique methods of a sealed bid auction brought the highest bid!”
“Your firm’s properly executed marketing program was effective and drew many qualified bidders to the auctions. We look forward to our continued relationship and are eager to get to work on the next auction!”
RICHMOND REDEVELOPMENT AND HOUSING AUTHORITY
The auction and sale of these 24 single family residences brought 40% more for this portfolio than the independent market appraisal we obtained for each property in total, which is far higher than we anticipated. The RRHA and City of Richmond are very pleased with these results and will deliver over $1.4 million dollars to the RRHA’s very much needed housing and maintenance programs.
“Achieving 200% more than our expectation on the recent sale is proof that the auction process is the correct one and more importantly that Higgenbotham is the right firm!”