
IN
THE NEWS!

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.
LOCAL POLITICIANS HISTORICAL ESTATE HEADED TO THE AUCTION BLOCK
WALTZ, MICHIGAN – This Memorial Weekend, The estate of well known community residents and preservationists, Frank and his late wife and respected politician, Nora Adkins will be sold at public auction this Memorial weekend on Saturday, May 24, 2008 at 28480 Mineral Springs in New Boston, Michigan.
For nearly four decades, the Adkins created one of the most popular and cherished gathering places in Huron Township that was fondly branded as the Rustic Village. The 4,400- square-foot dance hall which is located behind the Adkins’ primary residence was a place where hundreds of community members learned to Line and Square dance. In 1983, they purchased the former circa 1880’s Waltz School which is located two parcels down from the Rustic Village at 28600 Mineral Springs Road to preserve a cherished piece of Waltz history which was also used for community events.
Nora Adkins unexpectedly passed away at the tender age of 65 last September after a brief illness. Mrs. Adkins was employed with the Huron School District for nearly a quarter of a century and served 12 years on Huron Township’s Board of Trustees. She had a very profound passion for the historical preservation of the community which is highlighted with her membership and involvement with the Huron Historical Commission. Shortly before her passing, Mrs. Adkins along with two colleagues were honored at the White House in Washington, D.C. to accept the Preserve America award on behalf of Huron Township from First Lady, Laura Bush.
The auction will provide the opportunity for the general public to preserve their own piece of history as a multitude of antiques, collectibles, classic cars, general household goods along with the 1880’s Waltz Schoolhouse and the entire Rustic Village including two 1800’s log cabins will be sold to the highest bidder.
“There is a lot of history on these grounds” Frank Adkins said. “You know, back in the 19th century and beyond, folks came from miles around to tap into the hand dug well that provided their drinking water. Hence the name ‘Mineral Springs’. Mr. Adkins added; “I’d like to see the tradition continue and the opportunity is there for the buyer to make this a great investment by renting out the hall for special events.”
“Together Mr. and Mrs. Adkins worked hard to preserve history in their community so it’s only fitting that Mr. Adkins chose an auction to sell their home and treasures.” Said professional auctioneer, Ken Lindsay, CAI. Lindsay adds; “The auction method is about as historical and effective as it gets. Auctions are traced back from ancient Greek records as far back as 500 B.C. American auctions date back to the Pilgrims' arrival on America's Eastern Shores in the 1600s and continued in popularity during colonization with the sale of crops, imports, clapboard, livestock, tools, tobacco, slaves and even entire farms.”
Additional information pertaining to the Adkins estate auction is available by contacting the American Eagle Auction & Appraisal Company, LLC headquarters based in Livonia, Michigan at (248) 473-1547 or by visiting www.MichiganAuctionNews.com.
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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."

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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