Gramercy Auctions, a leading provider of auction solutions to REO sellers nationwide, announced today that industry veteran Gloria Lynn Gardner has joined the firm as Head Auctioneer and Head of Strategic Sales.
In this role, Ms. Gardner will oversee auction operations. She will provide organizational and strategic focus throughout the company while strengthening relationships with institutional sellers of REO portfolios and cooperating brokers and agents. Additionally, she will be responsible for providing the executive sponsorship of and direction to lead all auction process development initiatives.
“We are thrilled to welcome Lynn Gardner to Gramercy Auctions. Lynn’s experience in Real Estate auctions over the past fifteen years will be of tremendous value in the coming months and years as we continue to scale our institutional auction capabilities,” said Alan Tannenbaum, Gramercy Auctions’ Chief Executive Officer. “As a member of our executive team, her leadership skills, team-focus, integrity and commitment to clients are consistent with our values at Gramercy.”
Concurrent with Ms. Gardner’s joining Gramercy Auctions, Gramercy will merge HomeLand Auctions into its own operations. Ms. Gardner founded and was President and COO of HomeLand Auctions since 2005. Prior to that, Ms. Gardner was Vice President and Corporate Auctioneer of the Auction Department for Long & Foster Real Estate, the largest independently owned real estate broker in the world. Throughout her auction career Ms. Gardner has sold over 4,300 properties across the country. Ms. Gardner was the founder of the first auction school in the state of Virginia in 1992 and is the author of the only auction certification program for brokers nationwide. Additionally, she is a public speaker and advocate for the auction industry. Ms. Gardner has served as the Chair for the Auction Forum for the National Association of Realtors. She also has been asked to serve on a Presidential Advisory Group to offer expert advice to the President regarding broker auction activities in a turbulent market.
“By joining forces we have created a platform for the real estate industry that far surpasses any other auction option available to real estate owners. This turbulent market calls for creative options designed to address the needs effectively and within the seller’s timeframe. Gramercy offers state-of-the-art marketing and technology solutions coupled with the most powerful auction team in America. I am very pleased to be a part of the team that is taking real estate auctions to the next level,” said Ms. Gardner.
Gramercy Auctions is a proven leader in delivering rapid and efficient closing to sellers of Real Estate Owned (REO) properties nationwide. Gramercy and its affiliates have completed 4500 auctions since 2005. Using its proprietary pricing model, the Gramercy Price Index (GPI™) and a unique marketing technology, our Target Marketing Algorithm (TMA™), Gramercy Auctions brings the right bidders to the auction maximizing the final hammer price. In addition, Gramercy’s focus on on-site auctions and superior back-end processing ensures greater certainty of closings in a faster timeframe, improving value creation. For more information, please visit www.gramercyauctions.com.
