• 1-888-662-1020
    English Español

Case Study Samples

This table displays a sample of Micoley.com, in affiliation with W.M. Enterprises, Inc.’s analysis of previous successful cases which exercised their marketing methods. Studies have been compiled since 2008 when the company originated and displays a general range of properties, sellers and geographic locations.

 

FDIC Event
Various, Northeast, USA




Three day event held in three different states with a total of 47 properties. 45 of the 47 sold at auction (23 absolute, 22 w/reserve). We cannot disclose FDIC reserves, but we did exceed 100% of the reserve values.
Bank Owned
Town Home, Florida

Min. Bid: $75,000
Sold: $79,000

This condo received good activity. It went to auction prior to the Gulf oil spill; many offers were received and an offer was accepted prior to the auction.
Bank Owned
Waterfront, Wisconsin

Min. Bid: $495,000
Sold: $450,000

Sold post auction, as market was flooded with inventory. Property was on the market for two years and needed some maintenance. Financial institution selected auction method as values in the area deteriorated.
Bank Owned
Condo, Florida

Min. Bid: $225,000
Sold: $255,000

Sold in only two weeks. Condo was in great location and many units were for sale in the complex. Three offers were received and sold prior to auction.
Bank Owned
Condo, Wisconsin

Min. Bid: $110,000
Sold: $125,000

Single condo sale within a developer closeout for financial institution. Many other properties also sold for the lender. New duplex condo was in good condition.
Bank Owned
Commercial, Iowa

Min. Bid: $60,000
Sold: $65,100

Commercial property located next to a mall. Two lower level units were occupied with tenants. Property sold prior to auction date.
Private Seller
Commercial, Wisconsin

Min. Bid: $75,000
Sold: $108,000

Commercial building in small community sold prior to auction. Property was in good condition with potential rental unit on second level.
Bank Owned
Duplex, Wisconsin

Min. Bid: $110,000
Sold: $120,360

Quick sale prior to auction. Side by side duplex was in nice area of Green Bay and fully rented. Multiple offers were received in the first ten days.
Bank Owned
66 Lots, Wisconsin

Min. Bid: $859,500
Sold: $884,504

An on-going, multiple stage liquidation to continually reduce inventory. 32 lots sold in 14 months, most of which sold prior to auction.
Bank Owned
14 Condos, Wisconsin

Min. Bid: $1,225,000
Sold: $1,358,480

2 Stage condominium liquidation. Various sized units with over 20 offers presented throughout the disposition of assets. All sold prior to auction.
Bank Owned
Condo, Florida

Min. Bid: $75,000
Sold: $117,300

Very good activity, despite numerous foreclosures in the development. Some maintenance needed to get property ready for auction. Sold prior to auction.
Bank Owned
12 Unit Apt., Wisconsin

Min. Bid: $575,000
Sold: $600,000

Leased and auctioned a multi-building apartment complex, which sold prior to auction.
Private Seller
C-Store, Wisconsin

Min. Bid: $220,000
Sold: $247,450

Turn key business with multiple offers sold prior to auction. Marketing start to close: 65 days.
Bank Owned
Residential, Kentucky

Min. Bid: $125,000
Sold: $136,680

Residential home on a private lot. Property was recently renovated and sold prior to auction.
Bank Owned
Residential, Wisconsin

Min. Bid: $135,000
Sold: $170,000

New ranch home sold by a bank for a builder close out. Multiple offers were written and the home sold prior to auction.
Private Seller
9 Lots, Wisconsin

Min. Bid: $180,000
Sold: $209,000

Multi-lot close out in conjunction with lender approval. All lots sold prior to auction.
Bank Owned
Golf Range, Wisconsin

Min. Bid: $450,000
Sold: $565,000

Commercial real estate with driving range and leased bar. Unique property. Sold prior to auction.
Private Seller
Resort, Wisconsin

Min. Bid: $995,000
Sold: $1,051,000

Unique waterfront property with boat landing & 3 cottages. Multiple interested parties. Buyers strategic sale for seller for cash-flow. Sold at auction.
Bank Owned
Residential, Illinois

Min. Bid: $20,000
Sold: $30,000

Residential home previously listed traditionally. Once listed for auction, the property sold in two and a half months; prior to the
auction date.
Bank Owned
Residential, Wisconsin

Min. Bid: $695,000
Sold: $750,000

Upscale home was for sale for 2+ years. Many interested buyers. Sold prior to auction.
Bank Owned
48 Lots, Michigan

Min. Bid: $585,500
Sold: $768,000

48 lots marketed individually with reserves. All 48 lots were sold in bulk prior to the auction.
Private Seller
Commercial, Wisconsin

Min. Bid: $50,000
Sold: $80,000

Zoned highway commercial with access removed to highway. Property was an old restaurant. Sold prior to auction.
Private Seller
Recreation, Wisconsin

Min.Bid: $499,900
Sold: $540,000

Vacant, stripped commercial building was used as an entertainment center. On land lease with the city. Sold prior to auction
Bank Owned
Restaurant, Wisconsin

Min. Bid: $50,000
Sold: $60,000

Closed restaurant with highway access. Building and equipment in poor condition. Sold prior to auction.
Private Seller
Commercial, Wisconsin

Min. Bid: $134,000
Sold: $225,000

Multi-use commercial building with storage units. Property had been for sale for over 3 years. Sold prior to auction.
Bank Owned
Condo, Florida

Min. Bid: $175,000
Sold: $158,100

Unfortunately, this property went to auction just before the Gulf oil spill. We had some activity prior to the spill. The best offer was received just before the auction.
Bank Owned
Residential, Wisconsin

Min. Bid: $225,000
Sold: $265,000

Newer home, mostly finished. Home was overbuilt for the neighborhood. Multiple offers received, sold prior to auction.
Private Seller
Residential, Wisconsin

Sold: $325,000


Private lake home was listed traditionally for over two years. Home had an accepted offer within four months of being listed for auction and sold prior to the event date.
Bank Owned
Land, California

Min. Bid: $165,000
Sold: $180,000

Vacant residential lot in the mountains of northern California. Accepted offer within three months and sold prior to auction.
Bank Owned
Commercial, Ohio

Min. Bid: $110,000
Sold: $130,000

2 story office/retail property sold prior to auction. Property was bank owned and sold in 47 days above minimum bid.