“This national expansion of our auction services program is an example of Sperry Van Ness International’s dedication to providing tools, systems and resources to our Advisors so they can better serve their local clients,” said Kevin Maggiacomo, President and CEO of SVNIC. “It fits perfectly with our growth model and is consistent with our support of specific solutions for commercial real estate verticals within the Sperry Van Ness brand.”
Breaking from the traditional commercial real estate auction model—one that typically features auctioneer generalists trying to cover large swaths of territory and serve a wide range of clients—SVN Auction Services is executing a strategy focused on localization, precision and depth.
The SVN Auction Services Team encompasses an elite group of local and regional auction Advisors serving Midwest, Mid-Atlantic, Southeast and Deep South markets, with additional expansion now targeted toward the West Coast and Northeast. In addition, the team consists of industry renowned experts in areas such as foreclosures, tax sales, multi-par and bankruptcies.
“SVN Auction Services understands that all real estate is local, and that it’s crucial to bring the basic fundamentals back to commercial real estate and put the clients’ interest first—and that’s what we’re doing,” explained Jerry Anderson, Executive Managing Director of SVN Auction Services. “We’re precisely matching our Sperry Van Ness auction Advisors—professionals who live and breathe the local market--to clients’ specific needs. We’re also providing our clients with a depth of knowledge and comprehensive spectrum of auction solutions unmatched in the industry.”
To respond to clients’ evolving needs, SVN Auction Services offers a flexible array of solutions—from rapid asset resolution and 30-day countdown asset sales to wide area and high impact/high promotion events. The team utilizes high performance and award-winning technology platforms that include property vaults, contact management, online bidding, video webcast and powerful SEO.
An additional benefit of being part of one of the most highly recognized and reputable commercial real estate firms in the industry, SVN Auction Services is supported by SVN International’s more than 800 commercial real estate Advisors throughout the United States. This relationship provides outstanding opportunities for SVN Auction Services to serve clients needing to move assets in accelerated timeframes and creates significant value for buyers and sellers.
“The auction method continues to be an efficient and cost effective choice for buyers and sellers,” said Maggiacomo. “With SVN Auction Services, we are connecting the expertise of centuries worth of auction experience to our commercial real estate Advisors no matter what market they serve. If selling or buying at auction, our Advisors’ clients deserve the expertise and experience that is readily available through our expanded auction services program.”
Sperry Van Ness® International Corporation
Sperry Van Ness International Corporation (SVNIC), a commercial real estate brokerage franchisor, is one of commercial real estate’s most recognized brands, based on the annual Lipsey Survey. The SVN organization includes more than 175 locations in 200 markets. With headquarters in Irvine, Calif., SVNIC Commercial Real Estate Advisors provide brokerage, tenant representation, consultation, asset management, property management, and leasing, accelerated marketing and auction services. SVNIC Advisors represent clients in office, multifamily, retail, industrial, self-storage, hospitality, marina and land transactions, charter schools, corporate real estate and medical offices. All SVNIC offices are independently owned and operated. For more information, go to http://www.svn.com.
VP of Marketing, SVNIC.
Zeszutko Corp.-PR on behalf of SVN Auction Services