バナー広告募集中

Users of 981.jp

Conversion table for layout diagrams

洋室 Western style room
和室 Japanese style room
台所 Kitchen
浴室 Bath
洗面所 Washroom
トイレ Toilet
廊下 Hallway
玄関 Entrance
物入 Storage
クロゼット Closet
バルコニー Balcony
納戸 Storage
床の間 Alcove
応接間 Drawing room
DK Dining-kitchen
LD Living-dining room
LDK Living-dining room-kitchen

Successful cases

Successful cases to encourage challengers!

People in these cases utilized the services of auction concierges and successfully acquired properties through court auctions.

[case1]Half the price of newly built home!

【Tsukuba, Ibaraki】Apartment

Base bid price: \7,390,000

Walk from the station 25 minutes
Year/month built June 2006
Floor area 77m 2
layout
Ms. S
Lives in Ibaraki
50 years old
Homemaker

Motives

When my child was starting college, I found on 981.jp a 6 years old apartment close to the university. With no experience in bidding, I was nervous, but decided to bid relying heavily on an auction concierge. When I won, I thanked the concierge for the professional services. With kind directions of the concierge for the subsequent procedures at the court, which mostly were done through emails, I could handle them without much difficulty. Initially my husband was worried about my bidding in court auction since I had no knowledge, but he was assured by the auction concierge. Even in the first time of bidding, we got the apartment at about half the price of newly built apartment. It went so well; I almost forgot it was from the court auction. We owe it to the auction concierge.

Cost (yen) Ordinary pre-owned market cost (yen) Aucton market cost (yen)
Purchase cost \18,800,000 \12,230,000
Eviction etc.(expected) - \153,000
Registration etc. \241,000 \191,000
Renovation(expected) - \0
Comissions \655,000 \385,000
Liabilities *3(expected) - \421,000
Total \19,696,000 \13,380,000
Difference of \6,316,000
Compared to the general market price *1
about 32% lower

*1: General market price is estimated by an auction concierge in the area absed on the market and past transactions

*3: Liabilities in forms of unpaid apartment service and maintenance charges, and renovation reserves accumulated over past months that the new owner must pay

IR, auction concierge in Ibaraki

In court auctions there are many houses at one to three million yen, to live in or to invest as a lease asset. This family wanted this apartment to live in, but we get interests from many investors as well. We help those in nearby prefectures, but also some far away. IR provides auction supports based on our knowlege and experiences in real estate consulting. From property and market research, we propose three bid prices as follows:
・Bid by real estate trader
・Bid by investor (at 15%~20% yield)
・Bid by analyzing similar assets

*Some photos are stock photos

[case2]Home dreamed of at low cost

【Atsugi, Kanagawa】Apartment

Base bid price: \4,310,000

Walk from the station 5 minutes
Year/month built Dec. 1981
Floor area 48.67m 2
layout
Ms. F
Lives in Kanagawa
30 year old employee

Motives

I had thought about buying real estate. But I had little fund, so I consulted an auction concierge of 981.jp to bid on a auctioned property. At first I was lost. But after the concierge told me about the proces, loan and renovation, I felt at ease bidding. I also asked about a loan in early stage. Initial cost was small. I am quite satisfied. For several years I plan to live in it, then in the future I want to lease it.

Cost (yen) Ordinary pre-owned market cost (yen) Aucton market cost (yen)
Purchase cost \9,800,000 \5,023,429
Eviction etc.(expected) - \400,000
Registration etc. \180,000 \120,500
Renovation(expected) \2,000,000 \2,000,000
Comissions \371,700 \315,000
Liabilities *3(expected) - \400,000
Total \12,351,700 \8,258,929
Difference of \4,092,471
Compared to the general market price *1
about 33% lower

*1: General market price is estimated by an auction concierge in the area absed on the market and past transactions
*3: Liabilities in forms of unpaid apartment service and maintenance charges, and renovation reserves accumulated over past months that the new owner must pay

*Some photos are stock photos

[case3]No renovation cost

【Osaka】House

Base bid price: \3,250,000

Walk from the station Drive Annual rent \840,000
Year/month built 1991/9 Gross yield *2 20%
Floor area 87m 2 Net yield *2 14%
layout
Mr. E
Osaka city
38 years old
Company employee

Motives

In my neighborhood there was a house put on court auction. From the court documents I learned that interests were complex. Upon inquiring an auction concierge of 981.jp, I promptly got a reply. Even though I was a bit uncertain, the concierge kindly explained things to me, so I felt easy by the time of biddying. I was really happy when I won the bid.
After winning the bid, the tenant continued to rent, so I immediately started earning the rent. And of course there was no renovation cost. I am now in a process of selecting the second asset to invest.

Cost (yen) Ordinary pre-owned market cost (yen) Aucton market cost (yen)
Purchase cost \6,000,000 \4,210,000
Eviction etc. \0 \0
Registration etc. \170,000 \75,000
Renovation \0 \0
Comissions \250,000 \210,000
Liabilities *3 \0 \0
Total \6,420,000 \4,495,000
Difference of \1,925,000
Compared to the general market price *1
about 30% lower

*1: General market price is estimated by an auction concierge in the area absed on the market and past transactions
*2: Gross yield is the percentage of annual rent divided by bid price
Net yield is the percentage of annual rent at 70%, taking account of vacancy and other costs, divided by bid price
*3: Liabilities in forms of unpaid apartment service and maintenance charges, and renovation reserves accumulated over past months that the new owner must pay

*Some photos are stock photos

[case4]Got helpful supports for a property far away

【Sapporo, Hokkaido】Apartment

Base bid price: \1,570,000

Walk from the station 6 minutes Annual rent \384,000
Year/month built 1990/7 Gross yield *2 20%
Floor area 30m 2 Net yield *2 14%
layout
Mr. I
Lives in Saitama
50 years old
Company employee

Motives

I live in Saitama prefecture, and own some rental properties. Auction assets in Sapporo appeared to priced relatively low and with high yield, so I picked out some assets and asked an auction concierge in Sapporo for help. After winning and paying based on documents received from the court, I sent the necessary documents to the auction concierge who carried out registration, changing the custodian firm, and notifying tenants. I plan to bid again when I find a good property.

Cost (yen) Ordinary pre-owned market cost (yen) Aucton market cost (yen)
Purchase cost \2,500,000 \1,910,000
Eviction etc. - -
Registration etc. \100,000 \56,570
Renovation - -
Comissions \107,100 \100,000
Liabilities *3 - -
Total \2,707,100 \2,066,570
Difference of \640,530
Compared to the general market price *1
about 24% lower

*1: General market price is estimated by an auction concierge in the area absed on the market and past transactions
*2: Gross yield is the percentage of annual rent divided by bid price
Net yield is the percentage of annual rent at 70%, taking account of vacancy and other costs, divided by bid price
*3: Liabilities in forms of unpaid apartment service and maintenance charges, and renovation reserves accumulated over past months that the new owner must pay

*Some photos are stock photos

[case5]Peace of mind after the full estimate of renovation cost

【Uruma, Okinawa】House

Base bid price: \850,000

Walk from the station 5 minutes Annual rent \720,000
Year/month built 1995/8 Gross yield *2 17%
Floor area 1F 51.17m 2 /2F 26.46m 2 Net yield *2 14%
layout
Mr. M
Lives in Okinawa
40 years old
Company employee

Motives

I live in Okinawa and was looking for a house with land that I can lease. I found a good asset so asked an auction concierge, who advised me that the vacancy risk is lower if the rent for a family house is about 70,000 yen. The concierge also estimated renovation costs, so I felt comfortable about bidding. Only two weeks after winning and paying for the property, the renovation was finished. And in another two weeks I found the tenant. I am gratful for the speedy services of the auction concierge. I am now looking for the next asset.

Cost (yen) Ordinary pre-owned market cost (yen) Aucton market cost (yen)
Purchase cost \7,500,000 \4,256,000
Eviction etc. \0 \0
Registration etc. \97,000 \47,000
Renovation \1,250,000 \1,250,000
Comissions \299,000 \210,000
Liabilities *3 \0 \0
Total \9,146,000 \5,763,000
Difference of \3,383,000
Compared to the general market price *1
about 37% lower

*1: General market price is estimated by an auction concierge in the area absed on the market and past transactions
*2: Gross yield is the percentage of annual rent divided by bid price
Net yield is the percentage of annual rent at 70%, taking account of vacancy and other costs, divided by bid price
*3: Liabilities in forms of unpaid apartment service and maintenance charges, and renovation reserves accumulated over past months that the new owner must pay

Family Home, auction concierge in Okinawa

To acquire an attractive asset, you need experts, auction concierges. There are differences between assets for investment and for living. We consult on past transactions and auctions to give practical advices. There are many attractive residential properties and second homes by the sea in Okinawa. Houses in Okinawa are usually made of concrete and not wood, so property values do not decline much sometimes even over fifty years. Some people buy houses as vacation homes, while looking for opportunities to sell them.

*Stock photos
*Some photos are stock photos
Start searching now

981.jp contents

To the page top ▲