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Upstate SC Auctioneer Joins in Real Estate Debate at National Summit
2009-05-22
For Immediate
Release
Upstate SC Auctioneer Joins in Real Estate Debate at National Summit
National
Auctioneers Association Hosts Real Estate Summit to Address
Changing Marketplace
[Spartanburg, SC, May 22, 2009] – In the fast-paced world of auctions, it pays to
stay up to speed on changes in the marketplace. Bobby Lyons and Adam Padgett of
The Lyons Group, LLC recently joined auctioneers from across the nation for the
National Auctioneers Association’s Real Estate Summit in Atlanta, Georgia. The real estate industry has witnessed
significant challenges in recent years due to economic instability, a surplus
of property available for purchase, and challenges facing the banking sector.
Real estate auctions continue to hold strong in today’s marketplace, growing to
$58.6 billion in 2008. Since 2003, gross sales in residential real estate
auctions have increased 47.7%. The Lyons
Group conducts auctions throughout North and South Carolina.
The Real Estate Summit was hosted by the National Auctioneers
Association (NAA), the nation’s leading professional society for auction
professionals. The two-day summit took
place May 18-19, 2009 at the Marriott Perimeter Center in Atlanta. The biennial summit presents speakers
representing a range of industries. Seminars at this summit ranged from working
with bankers and lenders in today’s marketplace, to navigating Government
Sponsored Enterprises (i.e. Fannie Mae), to the powers of 1031-Exchanges for
today’s investors, and Commercial Asset Recovery in Today’s Market, amongst
others.
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