Business, Free News Articles, Real Estate

Senior Citizen to Auction Waterfall, Lake and Rustic Cabin Comprising His Private, 5.8-Acre Mountain Oasis in South Carolina

SUNSET, S.C. -- In the mountains of western South Carolina, on a private property in the picturesque, lake-dotted town of Sunset, you'll find a most unusual lawn ornament. It rises 60-feet toward the sky, which, for the measurement-impaired, is about five stories, according to auction firm Tranzon Fox. This towering ornament is a natural waterfall, resplendent as the breathtaking focal point of owner Roger Abercrombie's 5.8-acre property that might be more rightly termed a mountain oasis.

Of course, during the pandemic, many people set about improving their outdoor spaces. However, no matter the capaciousness of one's budget, nor the voraciousness of one's ambition, Mr. Abercrombie's waterfall almost certainly would prevail in any contest awarding a crown for best backyard decor. Yet, he does not overlook its more practical side.

While many of us in this addled age purchase white-noise machines, play recordings of babbling brooks, and devour articles with sleep-hygiene tips in a bid to obtain a more peaceful slumber, Abercrombie just takes a seat on the porch of his rustic cabin overlooking the waterfall and lake. He reports that, having done so, he just about always drifts off within five minutes, serenaded to sleep by the sounds of water cascading over the rocks.

Of course, in case you missed the part about the lake, it should be noted that, yes, he also has not just a waterfall, but also a lake to enjoy. (It sure beats the rest of us ordering kiddie pools off of Amazon.) And it's trout-stocked, no less -- so perhaps the sounds of the fish occasionally splashing around also contribute to Abercrombie's ability to drift so swiftly off to dreamland.

Then again, many details of this property are storybook-perfect, as if constructed for a dreamland scenario, not least of which is the aforementioned cabin, with its flagstone fireplace, native wood floors and ceilings, and open kitchen and large family room with that glorious, glorious view of the lake and waterfall.

Oh, and the neighbors...or rather the lack thereof might also help soothe some folks to sleep.

As anyone who's had neighbors they didn't enjoy might appreciate, Mr. Abercrombie's paradise is bordered on three sides by the Keowee-Toxaway State Park. It's also got a remote-controlled gate and fencing to deter curiosity-seekers.

However, if your curiosity has been piqued, you might be thrilled to learn that Abercrombie, having known this property since first being introduced to it when he was a toddler, has decided it's time for someone else to enjoy it. He and his wife have retained Tranzon Fox to sell it via online auction, with bidding open May 25-27, 2021. After it's sold, they plan to satisfy a wanderlust and travel the country in an RV, possibly settling down, ultimately, in a place more remote than Sunset.

As it were, Sunset is halfway between Atlanta and Charlotte, and 30 minutes north of Greenville, S.C., so this homestead easily allows use as a weekend getaway or family compound. And for those who need more room than the Abercrombies, there are a couple of suitable building sites, ideal for the construction of one's dream home. In fact, some have speculated it could even be a wonderful place to establish an inn, spa, restaurant, or other hospitality-oriented venture.

Ed Durnil, president of Tranzon Asset Advisors, who's partnering with Tranzon Fox on this sale, says, "In all my years, this is one of the most unique properties that's crossed my desk. And in a real estate market so lively that assessing the current value of even ordinary homes can be difficult, an auction is the perfect avenue to allow the buyers to help determine what this one-of-a-kind familial homestead is worth."

Ultimately, though, Mr. Abercrombie hopes that it will become a cherished part of the new owner's life and a wonderful source of family enjoyment - and that the new owners will find sleeping there comes just as easily to them as it does to him.

For more information, photos, open house dates, and to register to bid, visit https://www.tranzon.com/fx1971.

Tranzon Fox and Tranzon Asset Advisors are member companies of Tranzon, LLC. All Tranzon companies are independently owned and operated.

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Business, Free News Articles, Real Estate

Going, Going, Gone: Established Real Estate Agent Leaves Brokerage World During a Pandemic to Embrace the Advantages of Auctions

CHESAPEAKE, Va. -- In a pandemic-ravaged economy that's left few industries untouched - with many having had to completely rethink and reorient operations within a short window of time - one might question why someone would leave an established career to set off on a new venture. However, that's exactly what Seth A. White chose to do, noted real estate auction firm Tranzon Fox has announced today.

Five years into a career as an agent for two of the leading residential real estate brokerage firms in Hampton Roads, during which time he handled transactions that reached eye-watering highs of nearly $2 million for waterfront homes - something many agents still dream of achieving - he was seeking a chance to better differentiate himself and an opportunity that would allow him to lean into the wind-buffeted economy, rather than push against it.

Although he had previously explored the possibility of immersing himself in the real estate auction business, partly because it would enable him to continue representing residential clients while also stepping into the commercial realm, he ultimately decided it was not the right time.

"I continued to see the value in having the opportunity to serve my clients with an accelerated sale process using focused marketing that would ensure an asset yielded a price in line with its current market value. And sellers love the as-is purchase contracts that typify the auction business," said White, Tranzon Fox's newest auction associate.

So, in the turbulent present, in which some industries have been hammered relentlessly while a few have prospered, and Wall Street is up substantially one day and down the next, leaving values of many assets less clear, Mr. White decided this was the time to embrace auctions. "There's obviously a large advantage in being able to sell a property for the highest possible price in the shortest reasonable period of time through a transparent bidding process. Many private sellers choose it for its efficiency, but, of course, I will also be able to assist in foreclosures, bankruptcies, and other situations of distress and duress, when efficiency and time are not just optional, but mandated," he said. Furthermore, Mr. White knows that, "time is money, and executing for my clients will become ever more important as we navigate through these delicate periods of time."

Ultimately, what convinced White was Tranzon Fox's established ability to sell and close or obtain ratified contracts on a variety of properties during the pandemic era, from the low-end, to a $3 million-plus veterinary hospital / boarding / grooming facility. This includes asset types that have been hammered of late, namely retail and restaurants.

"They're still getting deals done, and I want to be a part of that," White said. "Now is the time."

About Tranzon:

In 2000, a group of real estate auctioneers banded together to create Tranzon, LLC, a nationwide network that revolutionized the way real estate professionals bring buyers and sellers together. Today, the Tranzon team features some of the most experienced real estate, marketing, and auction professionals in the business. Using Tranzon's Market-Making System(tm), a proven methodology for the accelerated sale of property, the company has conducted tens of thousands of successful commercial and residential auctions for clients including financial institutions, trusts, guardians, estates, and private individuals. All Tranzon companies are independently owned and operated.

Learn more at: https://www.tranzon.com/

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