Company Info

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tim and jason    js

About Joe Schmitt: President, Masterbid, Inc.

Business Joe receiving championship award from MSAA President Tim Narhi Joe receiving Championship award from MSAA President Tim Narhi

Joe Schmitt is an experienced participant, practioner, trainer, equiper, and duplicator in the auction and real estate business.

Auctions – All real estate, storage units, charities, estates, trusts, antiques & collectibles, farms, fund raisers, specialty items, liquidations, government and court appointments.

      If you have property to sell
Real Estate

  • 40 years experience
  • Owner/President/Broker – Masterbid, Inc.
  • Past Associate Broker – Coldwell Banker Commercial
  • Past Owner, President, and Vice President – MidAmerica Mngt. Corp
  • Associate Broker Keller Williams Grand Rapids North
  • Certified Instructor The Acme Institute (Real Estate)

Over the past Forty years, involved in many areas of the auction industry such as:

  • Auctions
  •       Real Estate, Liquidations, Storage Units, Buy outs, Government and Istitutional, and more
  • Marketing and Sales
  • Property Management
  • Development
    • Residential
    • Commercial
    • Industrial
  • Leasing
  • Site Aquisitions
  • Exchanges
  • Private Treaty Sales & Acquisitions

Education

  • Bachelors Degree – Grand Valley State University
  • Graduate – Repperts School of Auctioneering
  • Graduate – Mt. Hope Leadership and Ministry
  • Numerous continuing education and trade improvement programs
  • Development of Masterbid, Inc.-Education and Training Center

Associations and Affiliations Past and Present

  • National Auctioneers Association
  • Michigan State Auctioneers Association
  • Indiana Auctioneers Association
  • National Association of Realtors
  • Michigan Association of Realtors
  • North Oakland County Board of Realtors
  • Flint Area Association of Realtors
  • Michigan Multiple Listing Service
  • Rural Multiple Listing Service
  • Loopnet Multiple Listing Service
  • Commercial Industrial Group (CIG)
  • Indiana License #: AU10100040
  • Certified Estate Specialist
  • E-Market
  • Narhi Auctions
  • Blair Auction and Appraisal
  • RJM Auctions

Community

  • Past Deacon – Mt. Hope Church
  • Past Treasurer Grand Blanc Board of Education
  • Foreign and Domestic Missions Ambassador Partners

Cathy Schmitt – Vice President, Masterbid, Inc.

Real Estate License 1994

  • Multi-Million Dollar Producer 1996-2004
  • Induction to Coldwell Banker International President’s Elite
  • Graduate Coldwell Banker University
  • GRI 2000
  • Past Member of NAR, MAR
  • Past Member of North Oakland County Board Realtors
  • Masterbid, Inc. Property Consultant 2002 – present

Tim Narhi – Auctioneer – 26 years

  • Real Estate License 13 years


The Auction Method of Marketing Real Estate is:

  • Exciting
  • Thorough
  • Complete
  • Cost Effective
  • High Level Promotion
  • Intensely Competitive Among Buyers
  • Forces Highest Possible Price Levels
  • Allows Sellers Control

Establishes Goals – Seller determines the how, when, where, and what conditions at which the property will be sold.

Dates and Deadlines – Sellers establish specific predetermined sales dates as opposed to having properties tied up in markets for months, sometimes years.

Advertising and Promotions – Condenses a year or two of advertising and promotions into 30-45 days. Creates much more exposure and generates much higher level of interest for buyers than any conventional approach. A Seller’s advantage.

Market Value – The Auction will separate the lookers from the real buyers. The auction will put buyers in competition with each other to force prices to their highest possible levels and typically results in highest selling prices.

Negotiating – Reduces stressful and unnecessary negotiations for the Seller by pre-arranged terms and conditions, expedites closing, curtails after-sale liabilities.

The “AUCTION” method of marketing Real Estate should be the first choice of marketing properties, not the last. The “Auction” has become the method trend in Real Estate.

  • By selling your Real Estate at Auction, you can receive cash quickly and lower your holding costs (interest, taxes, etc.) thereby making you more profitable.
  • Auctions give you the opportunity to have your property sell for more than you would have ever asked for!
  • Auctions provide competitive bidding with many potential buyers instead of just one.
  • An Auction allows you to market the property and sell different parcels with the buyers determining the best way to sell by their actual bids. You get the most money possible.
  • An Auction allows you to choose the date you will sell your Real Estate rather than waiting for a long period of time for a “good” offer.
  • An Auction allows you to determine the terms, negotiations are virtually eliminated except for the final price and the sale is sure to go through because all terms are already decided, in a way that most benefits you the seller.
  • An Auction after sale liability is greatly reduced, a property typically sells “AS IS, WHERE IS, with all faults.” Through a planned inspection and proper information, the seller has much less to worry about concerning the after effects of a sale.
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