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NEWS

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Michigan Golf Auction Tournament
American Eagle Auction Company Crowned Back-2-Back Michigan State Auctioneers Association Golf Tournament Champions
Derek Carroll and Kenny Lindsay, CAI were crowned champions during the annual MSAA Golf Tournament. The 2009 tournament was held at Fore Lakes Golf Club in Port Huron, Michigan. Each year, professional auctioneers in the State of Michigan attend a two day convention to participate in recreation and educational events.

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AMERICAN EAGLE AUCTION COMPANY COMES HOME BIG AT ANNUAL AUCTION AWARDS CEREMONY

Bay City, Michigan - American Eagle Auction & Appraisal Company was victorious in a big way at the annual awards ceremony with the Michigan Auctioneers Association in Bay City, Michigan.

Each year, professional auction firms from Michigan, Ohio and Indiana display their professional works in multiple categories in the advertising and marketing competition. A panel of four independant judges carefully review each entry and award a grand champion in each category.

The company was the winner of an astonishing six auction industry awards which include; three auction presentation awards and three business promotion awards.

"We are greatly honored for the recognition. More importantly, these awards provide a sneak preview to our future clients on the quality of work, time and intergrity that they can expect from our company." company President, Ken Lindsay said.

Live Auction Industry Exceeds $270 Billion in 2007

Residential real estate auction revenue increase 5.3%

despite housing market downturn

Overland Park, Kansas - In 2007 the gross revenue from goods and services sold at live auction grew 5.3% to $270.7 billion. In 2006, the auction industry sold $257.2 billion in goods and services at auction, an increase of 7.1% from 2005. The annual report was compiled by Morpace, Inc. on behalf of the National Auctioneers Association (NAA) which surveys auction professionals to determine the state of the industry, as well as track key auction specialties within the industry.  

While traditional real estate professionals continue to face the challenges of a housing market downturn, the real estate auction market continues to be one of the fastest growing auction sectors generating $58.4 billion in 2007.  Within the real estate segment (i.e. residential, land/agricultural, commercial/industrial), residential real estate auctions witnessed the largest growth, increasing 5.3% from 2006.  Accounting for 32% of the total live auction industry, auto auctions continue to be the largest sector of the industry generating $87.8 billion in sales.  Charity auction revenue grew from $15.6 billion in 2006, to $16.2 billion in 2007, an increase of 4.1%.  The overall number of live auctions conducted in 2007 increased by 4.6%.

"The live auction industry continues to grow at an amazing pace," said NAA president Tommy Williams, CAI. "More and more consumers are realizing the benefits of buying and selling at live auction. Consumers are now buying or selling their homes, purchasing art and antiques, or raising capital for charitable causes through auctions."

To assist consumers interested in real estate auctions, Michigan auctioneer based, American Eagle Auction & Appraisal Company, LLC is offering one-on-one and group seminars on the topic.

Carleton, Michigan Home SOLD AT AUCTION!

Carleton, Michigan - Despite an ever so declining Michigan real estate market in the soft Michigan economy, American Eagle Auction & Appraisal Company was successful in securing a successful real estate auction bid.

American Eagle Auction & Appraisal Company President and CEO, Kenny Lindsay said; "Due to the declining economic conditions in the State of Michigan we really have to ramp up our creative marketing and advertising campaign. It softens the real estate market when 20,000 people a month are leaving the state and nobody coming in behind them. Folks are turning to the auction method of selling with excellent results."

The estate had a reserve price of $255,000. This price was ultimately exceeded with a final contract price of $292,050.00.

Lindsay elected to Michigan State Auctioneers Association Board of Directors

Grand Rapids, Michigan - Professional auctioneer, Kenny Lindsay was elected to a three-year term to the Michigan State Auctioneers Association Board of Directors.

"The Michigan State Auctioneers Association directors is made up of some outstanding leaders with a keen vision for the future of the Michigan auction industry. Being elected by the membership to join this group of professionals is a tremendous honor and I look forward to the challenges that lie ahead." Lindsay said.

Lindsay was appointed by President, Mike Bliss as Chairman of the Michigan State Auctioneers Association St. Jude committee. Lindsay was also named to the Public Relations and newsletter committee.

Auction industry continues to grow in a declining residential real estate market

The National Auctioneers Association (NAA) reports continued growth for the auction industry with a 5.9 percent third quarter increase as compared to the same point in 2005, translating into $254.4 billion total revenue projected for 2006.

The largest increase came from residential real estate auctions, which grew by 4.5 percent in the third quarter. Increasing use of the auction method of marketing to sell residential real estate has been the subject of widespread media coverage.

"These statistics show that the general public sees the value in selling their property by auction. Buyers and sellers are both turning to the auction method and we foresee this trend continuing to increase," said NAA President William Sheridan, CAI, GPPA, AARE.

In addition, forty-four percent of auctioneers say they have seen an increase in gross sales receipts in the first three quarters of 2006 as compared to the same period last year.

Funded by the National Auctioneers Foundation, the findings were gathered by the global market research firm MORPACE International. The study is commissioned by the NAA to document the growth of the live auction industry.

Lindsay appointed to prestigeous National Auctioneers Association Long Range Planning Committee

American Eagle Auction & Appraisal Company President, Ken Lindsay has recently been the recipient of what he describes as; "one of the brightest highlights of my career" when he learned he was appointed by National Auctioneers Association, President, William Sheridan to serve on the NAA Long Range Planning and Think Tank Commitee.

Lindsay was described in an official letter from President Sheridan that he was "identified as an NAA member that could provide the insight and leadership we need to move NAA forward."

Lindsay added; "With nearly 6,000 members of this prominent association, I am honored to be one of the handful of committee members that will be helping my fellow colleagues formulate its furture direction and policy."

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Lindsay completes second year of noteable auctioneer education program

Bloomington, Indiana - Professional auctioneer, Ken Lindsay successfully completed CAI Class II at the University of Indiana on March 18, 2006 in Bloomington, Indiana.

Lindsay is aggressively pursuing the highly acclaimed CAI education which is a three part executive development program which is equivilent to a PHd in the auction profession.

Last year marked the 30 Year Anniversary of the elite educational program where some of the most prominent auctioneers in the world reunited for a special gala for the graduates.

Once the CAI designation is earned, the auctioneer must then maintain the designation with 24 hours of continuing education every three years.

The Certified Auctioneers Institute has been helping auctioneers discover their potential for nearly 30 years. Auctioneers with the CAI designation are part of an extraordinary network of exemplary auctioneers in the auction industry.

Only 950 auctioneers in the United States and Canada hold the prestigious CAI designation.

Lindsay is expected to join the ranks of some of the most esteemed auctioneers in the world in 2008.

American Eagle Auction Company Dominates State Auctioneers Awards Convention

Mount Pleasant, Michigan- American Eagle Auction & Appraisal Company was the proud recipient of not one, not two, not three, not four but FIVE advertising and marketing excellence awards at the annual Michigan State Auctioneers Association convention in Mount Pleasant, Michigan.

Company President, Ken Lindsay commented; "We had some major competition with good works we were competing against. We were flabbergasted at the time (winning the multiple awards) but it really did not sink in until the following day what we just accomplished. It's a great testimony to our future clients how hard we will work for them."

The three day convention was held from January 25-27, 2006 which focused on continuing education, bid calling championships, St. Judes benefit auction, Awards ceremony and guest appearances from astronaut, Jack Lousma and several notable Hall of Fame auctioneers.

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For Immediate Release
Contact: Dr. Harlan Rimmerman
email:
hrimmerman@auctioneers.org
National Auctioneers Association
8880 Ballentine, Overland Park, KS 66214 | Phone: (913) 541-8084 ext. 19

Livonia Auctioneer Receives Top Honors That Less Than 1% Worldwide Have Achieved

Bloomington, Indiana,  April 17, 2008– Professional Auctioneer, Kenny Lindsay of American Eagle Auction & Appraisal Company, LLC based out of Livonia, Michigan has successfully completed an extensive three year executive program and has earned the National Auctioneers Association (NAA) Education Institute’s honored Certified Auctioneers Institute (CAI) designation.

The CAI designation is equivalent to a PHd in the auction profession and is the most respected education programs in the country for Auctioneers.  Less than 1% of auctioneers worldwide have achieved the CAI status. The CAI program is an executive developmental program offering coursework in management skills, business ethics, finance, marketing, etc.

Since 1976, the nation’s most distinguished and respected leaders in the auction industry and university professors provide instruction to CAI students for an intense three year executive program.  The Certified Auctioneers Institute is held at Indiana University in Bloomington, Indiana.

Lindsay will be honored by his peers and fellow graduates in an official graduation ceremony at the National Auctioneers Association annual Conference and Show held in Nashville, Tennessee this July.

Lindsay is the CEO and head auctioneer for American Eagle Auction & Appraisal Company, LLC.   The company specializes in personal property, real estate and benefit auctions and consultations.   Lindsay’s auction firm has received 14 auction marketing awards including the 2005 Michigan Auction-of-the-Year award.  Lindsay is also one of two auctioneers in Michigan that graduated from the Benefit Auction Specialist program in Cincinnati, Ohio.    Lindsay was elected to the Michigan State Auctioneers Association Board of Directors and currently serves on the Governor’s Board of Auctioneers for the State of Michigan.

Lindsay resides in Livonia, Michigan.  To learn more about Kenny Lindsay, CAI, please contact his office at (248) 473-1547 or visit www.MichiganAuctionNews.com.

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About the NAA
Headquartered in Overland Park, Kansas, the National Auctioneers Association represents the interests of approximately 6,000 auctioneers in the United States, Canada and across the world. Founded in 1949, the mission of the NAA is to promote the auction method of marketing and enhancing the professionalism of its members through education and technology.  In 2007, over $270.7 billion in goods and services were sold at auction. To learn more about Auctioneers, auctions and the NAA visit: www.auctioneers.org.

AMERICAN EAGLE AUCTION & APPRAISAL COMPANY EXCEEDS SELLERS EXPECTATIONS

Grosse Ile, Michigan- In a public statement, seller Barbara Potrykus made it clear that she made the right decision hiring American Eagle Auction & Appraisal Company to handle the auction for her estate.

"It was very professional and everyone worked well together. I highly recommend people going this route" Mrs. Potrykus said during an interview with The Ile Camera.

Chief Executive Officer, Ken Lindsay with American Eagle Auction Company brought in and teamed up with Sheridan Realty & Auction Company. The two professional auction teams combined efforts and delivered an award-winning performance.

Due to a well written press release constructed by Lindsay, the local newspaper took note and wrote a full-page story leading up to the auction. "This was an overwhelming development that made this auction one of the top news stories in the area." Lindsay said. He added; "The owner seemed stunned over the amount of publicity we were able to generate for her auction. "

One week after the auction, a two-page follow-up story was written which can be seen by clicking on the below links

Story 1
HOUSE NETS $410,000 AT AUCTION!

Story 2
CAN AN AUCTION SELL A HOUSE AT MARKET-VALUE?

Once again, American Eagle Auction & Appraisal Company exceeded their sellers expectations and this auction is another testimony to that.

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AUCTIONEER
KEN LINDSAY MAKES NATIONAL NEWS AGAIN!

Detroit, Michigan - For the THIRD time in a month, professional auctioneer, Ken Lindsay with the American Eagle Auction & Appraisal Company was featured in a major news story pertaining to the auction industry. Detroit Free Press columnist, Peggy Walsh-Sarnecki wrote a featured article on the growing trend of school fundraising auctions.

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Overland Park, Kansas - (2005) The prestigious National Auctioneer Association who publishes the monthly Auction World trade paper has named professional auctioneer and appraiser, Ken Lindsay, CPPA, CREA of American Eagle Auction & Appraisal Company in Livonia, Michigan as a compensated columnist for the paper.

"I'm truly honored to be a part of such an overwhelming team of auction professionals that share the passion as I do for this well respected industry. I feel that my contributions to the publication will be an asset to my fellow colleagues and our clients nationwide. I look forward to sharing my insight on a variety of auction related topics" Lindsay said.

MICHIGAN AUCTIONEER RISES ABOVE AND WINS NATIONAL COMPETITION

Pittsburgh, Pennsylvania - Michigan auctioneer Ken Lindsay was awarded to receive his CAI (Certified Auctioneers Institute) designation as a part of a contest held by the National Auctioneers Association which boasts a membership of over 7,000 members.

The entries were reviewed by a panel of four judges representing all geographic regions of the U.S. who cumulatively have in excess of 100 years of auction experience. In addition, Lindsay was interviewed by the committee via phone conference.

Lindsay received his award at an Awards Luncheon July 21 during the NAA's 56th International Auctioneers Conference & Show in Pittsburgh, Pa. He was given a plaque and three years of paid tuition for the Certified Auctioneers Institute, an executive development program focused on developing the skills and providing the tools necessary to run a topnotch auction firm. His prize package is valued at $3,000.

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LOCAL ELEMENTARY SCHOOLS HIGHLY RECOMMEND LINDSAY

Michigan - Michigan based school's are taking notice of Ken Lindsay's fundraising work which includes but not limited to; Steppingstone and Lakes Elementary in Brighton, Michigan.

Lindsay's fundraising work has raised over $100,000 for area events in the last year alone!

Lindsay will conduct the popular Lakes Elementary School Auction again in 2008. Special live auction items include but not limited to; sports memorabilia, an American flag flown at the Michigan Capital, vacation getaways and hundreds of great silent auction items!

Click here and read a recent letter we received!

 

 

 

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