Auction.com Enters Louisiana Luxury Market with Baton Rouge Home
Torrance, CA – October 8, 2012 – (RealEstateRama) — Auction.com (http://www.auction.com), the nation’s leading online real estate marketplace, will auction a luxury home in the exclusive Highland Crossing neighborhood of Baton Rouge during a five-day online auction ending Oct. 13.
The property, located at 413 Highland Crossing St., has a starting bid of $1 million and will be auctioned using Auction.com’s online platform, which allows buyers and sellers to meet in a transparent auction process. An open house is scheduled for this Sunday, Oct. 7, from 2-4 p.m.
“As we’ve shown in other states, the auction platform brings transparency to buying a home and cuts through the traditional negotiation process, which certainly makes this opportunity even more attractive to potential buyers,” said Jennifer Leuer, senior vice president of the company’s Luxury Home Division.
The nearly 7,000-square-foot home sits on 2.2 acres among 20 luxury homes in the neighborhood that feature large estate-sized lots and diverse architecture. The Mediterranean style design features a flexible floor plan with four bedrooms – including a master bedroom with his and her master closets – and six bathrooms. The home also features two wood burning fireplaces, a 600-bottle wine cellar, and 1,300-SF detached pool house.
All bidders must pre-register online at http://www.auction.com/luxury. There is a 2 percent broker co-op available for agents who pre-register a successful buyer.
About Auction.com:
Established in 1990, Auction.com has pioneered modern real estate auctions and created the nation’s leading online real estate marketplace. It has established a dominant position in its industry by selling more than $12 billion in real estate assets at auction since 2007. Additional services include residential loss mitigation and title agency and escrow/closing services. Primary clients are residential and commercial mortgage lenders, servicers and home builders. Auction.com’s success is based on the aggregation of real estate assets that are marketed and sold in large format auctions across the country and online. Auction.com is headquartered in Irvine, California and has offices in Newport Beach, Dallas, Miami and New York. Visit http://www.auction.com for more information.
