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| Diana M. Peterson |
CHICAGO, IL (Nov. 3, 2015)
– As the use of auctions in high-end residential real estate continues to rise,
SVN AuctionWorks has announced the firm will be offering two suburban Chicago
luxury estates up for auction, along with four vacation townhomes in a marina
resort community in Ottawa, Illinois and a single family home on Wagner Lake in
Buchanan, Michigan.
“We are seeing more and
more luxury and vacation homeowners opt to forgo traditional sales methods and
take advantage of the unique benefits property auctions can offer,” said Diana Peterson, president of
Chicago-based SVNAuctionWorks.
“Sellers of these properties
are continuing to recognize that auctions are not just for distressed
properties, but are a smart strategy to sell homes quickly and for top dollar.
“In fact, each year the
industry sees more owners explore a sale via auction as the preferred method to
sell their home,” continued Peterson. “This trend has been growing for some
time in other affluent metropolitan areas across the country, but here in
Chicago we we’ve seen a substantial uptick in the luxury and vacation market
over the past year.”
For more information about
SVN AuctionWorks, visit www.svnauctionworks.com/.
To learn more about Sperry
Van Ness | Chicago Commercial, visit www.svnchicago.com.
For a complete copy of the company’s news release,
please contact:
Cara Mooses, cmooses@taylorjohnson.com, 312-267-4523
Kim Manning, kmanning@taylorjohnson.com, (312)
267-4527
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