
Capital City Auction & Realty Co. (CCAR) is a full fledged marketing - vehicle through
which we utilize the auction method of marketing, as well as the traditional method
of marketing. CCAR was created in 1985 and opened for business in 1986 to address
the auction industry on a full time basis. Thus obtaining contracts from attorneys,
private lenders, the federal government, local government and quasi-governmental
agencies; in bankruptcy, real estate and surplus property liquidations.
To enhance
the capabilities of the company, we provide comprehensive office support, personnel
support, automated data processing (ADP) support, including facility management,
software development, furniture, fixtures & equipment acquisition, hardware selection
surveys, feasibility studies, requirements analysis and documentation.
The President and CEO, W. Ronald Evans, CAI-AARE-CES (Certified Auctioneers Educational
Institute, Accredited Auctioneer of Real Estate, Certified Estate Specialist) awarded
by the Auction Marketing Institute (AMI) of the National Auctioneers Association,
(NAA) has been involved in over $100 Million dollars worth of real estate sales from
government and quasi-government agencies. He has performed as a bid consultant to
many of the nations largest auction firms around the country. Additionally he has
been an expert witness in the Federal Court and District of Columbia Superior Court
on matters pertaining to real estate, personal property appraisals and providing
evaluations for same.
CCAR remains actively involved in the disposition and sale
of personal property and real estate for The D. C. Corporation Counsel, HomeSteps
Asset Services a division of Freddie Mac, Bankruptcy Trustees, Industrial Bank of
Washington, NA (IBW), and the Small Business Administration. CCA&R has performed
foreclosure auctions for IBW, The Hospitality Federal Credit Union, Gramercy Financial
Corporation, First Chrysler Mortgage Co., Inter City Mortgage Co. and several attorneys
in the Washington Metropolitan Area. On an ongoing basis since 1981.
The company
is uniquely qualified in that we have team members who, because of continued education
and hands on experience, have developed a great deal of expertise in virtually every
aspect of managerial, technical, administrative, sales, Real Estate Owned (REO) liquidations,
services, auctioning of real and personal property, appraising, broker price opinions
(BPO), short sales, consulting, creative advertising, proposal writing and market
plan development.