As of 6/12/2008 the property has been removed from the market and has still not sold after more than 400 days on the market! The list price has been reduced from the $799,900 list price that we had at the January auction to $575,000 from 2/6/2008 to 6/12/2008 and still no buyers. Dawn McVicker fails to mention that on the day she signed up for the auction (10 days prior to the auction) she raised her asking price by $100,000!!!!! In addition immediately follwing the auction (same day of auction) she lowered her list price in MLS by $200,000!!!

These type of games played by sellers are the types of practices that NREAC does not want to have in our auctions. If you need a further explanation of why these ridicoulus actions by sellers lead to failure odf sale at auction you may reach us at (480) 348-2243 and we will explain this particular situation further. The information provided here was obtained by the listing history in MLS.

Please understand that this auction service is intended for marketing purposes and is a creative way to create a sense of urgrency in a market that lately has no urgency at all. It is correct that not all homes sell at auction and NREAC never claims this to be the case. This is a cooperative marketing concept that has been sucessful for many home sellers. Let’s face it, if every home sold at auction, why would there even be real estate agents anymore?

There are 2 dissatisfied individuals that have posted completely false statements regarding our company on this site. It is our belief that the 2 posts placed on January 23rd were posted by the same person beacause they were posted within minutes of each other it seems.

This auction is not an absolute auction it is a reserve auction, the seller can accept or reject any bids so the ultimate outcome depends solely on the seller. We have no control of what homes sell and which ones do not. All we can do is bring you as many buyers as we possibly can to your home and to the auction.

Please review our status with the BBB which was posted by another user. We have had 4 compliants (2 are posted here) out of almost 1000 homes placed in our auction. Not too bad for a company that has been referred to by 2 bad sports on this site as a “scam”. All complaints were promplty resolved and we are continuing on to our 5th multi-property auction in Phoenix on September 28th, 2008.

If you are one of the many successful sellers who have used our services and were satisfied when your home sold, please write about it here if you are reading this.

Thank You for reading this and if you would like further information about our company, our past auctions, or possibly an explanation why the homes of the 2 angy people posting false statements did not sell please contact us at (480) 348-2243.

BBB Report

Can you provide the MLS Listing for your home. I would like to see what is sold for?

I had a client who put their home in the auction at a starting bid at 50% of Todays Value. So Overpriced.. NO

There were simply no bidders there as with every other auction

Jamie Cook

It was a joke. The only bidding going on is the phantom bidding by the auctioneer. They do it to keep the integrity of the auction. It was funny as each home passed, people got up an left (proof to show only the home owners and agents for the property were in the crowd)