Laser Medical Associates

Initial Business Response /* (1000, 13, 2015/08/19) */
RE: CASE ID XXXXXX
August 13, 2015
To Whom It May Concern:
Enclosed is a Statement of Events that occurred at the Real Estate Auction Conducted in Seymour Missouri on Saturday May 30, 2015
1. This Auction was conducted by Glen [redacted]...

- President - Auctioneer - owner of Glenworth Auction Service
a. Enclosed is a Copy of the Employment Contract signed by Land Owner - Subject to Approval
b. Enclosed is an actual Copy of Real Estate Contract of the actual Purchase & Sale Agreement sold at Auction May 30, 2015 Along with a copy of Check - 10% down and a copy of Mr. [redacted] Business Card stating he is an Auctioneer/Consultant.
c. Enclosed the Closing Statement from the Scheduled Closing
d. Enclosed Letter being mailed to all our Clients and Posted on Bulletin Boards everywhere within 200 miles of our Office
e. Enclosed is a Sale Bill for the May 30, 2015
This property was not listed through the Missouri Real Estate Commission MLS or any other listing agreement prior to the Auction. It was offered for Sale via AUCTION. Selling subject to Owners confirmation to the highest Bidder as per Auction Contract enclosed.
Buyer ([redacted]) came to Office midweek before the Auction and expressed interest in the Real Estate Auction
2. Buyer ([redacted]) showed up at Auction on September 30th along with several others interested buyers for Property. The Owner and Tenants of Property attended the Auction also. Bids were collected up to $271,000 for the entire 40 Acre m/l Tract. I called a recess to visit with the Owner. Owner advised me to offer another round of Bidding but offered it Absolute to the Highest Bidder. The Buyer ([redacted]) steps up with his Banker in tow and made a Bid of $275,000 without any hesitation. Knocking all other Bidders out of the Sale and was closed at $275,000.
The Buyer ([redacted]) and Banker approached me and advised they were ready to sign Real Estate Auction Contract which we did. I explained the Contract paragraph by paragraph to the Buyer and he consented and signed and offered an [redacted] Money Check of $27,500 for the 10% of the Bid Price of Real Estate Auction.
A few days before Closing the Buyer ([redacted]) came to our Office and complained to my Staff that he Bid $250,000 not $275,000 at this point Broker/Sales Agent pulled the file with Contract signed by Mr. [redacted] along with copy of check to 10% and asked "Is this you signature?" He replied "Yes". Agent asked "Is this your check for 10% of the Sale Price for $27,500?" He again replied "Yes". This amount reflects that total Auction Sale Price of $275,000. After this ordeal Glenworth Clients are receiving Exhibit D after Auctions are posted on the Internet on our Webpage or Auction Zip Webpage. Closing was scheduled for June 25, 2015 at the Citizens Bank of Rogersville in Rogersville, MO. The Buyer ([redacted]) got angry at the Closing stormed out of the Bank.
3. Enclosed is a Letter (d.) This Generic Letter is damaging the Reputation of Glenworth Auction Service. This Buyer ([redacted]) has been sending it to All Upcoming Auction Owners on our Auction Schedule severely damaging our Reputation. The intent of this Letter is to damage our 35 year Reputation of Excellence and Honesty.
Sincerely,
Glen [redacted]
Auctioneer/Broker/Realtor
[redacted]
Initial Consumer Rebuttal /* (3000, 15, 2015/08/28) */
(The consumer indicated he/she DID NOT accept the response from the business.)
The last known bid from [redacted] was $250,000.
After the $250,000 bid was reached and no other bids were forthcoming the auctioneer took a recess with the banker. After the recess the bidding continued without the participation of [redacted].
Understanding he was not the winning bidder [redacted] began to leave the auction site when he was chased down by the auctioneer and several bystanders. This was very intimidating and [redacted] felt forced to sign the documents under duress. Refer to document 1b.
[redacted] had reached out to others in his search for property and in fact did send a copy of this Revdex.com complaint to two individuals; an auctioneer in Seymour,MO. and a realtor out of Mansfield, MO so that they were aware of his current predicament. These are the only individuals he recalls providing a letter to.
RE: Attachment D: No postings were ever posted on any bulletin boards by [redacted] regarding this complaint. [redacted] has no knowledge of any postings, including attachment D. He has no knowledge of Glenworth clients receiving this and has no participation in the distribution of the document.
To date a promised $400,000 appraisal for the property has never been provided to [redacted].
[redacted] feels that Glen [redacted] is lying about the events of the auction in order profit from his real estate commission. Glen [redacted] receives 70% of the deposit paid under duress by [redacted].

Final Business Response /* (4000, 19, 2015/09/10) */
________________
Case: [redacted]
Auction was conducted and standing bid was in the amount of $271,000. Auctioneer held this bid to recess and talk to owner. Upon agreement property was offered for final round of bidding. Mr [redacted] still had bid at $271,000. Auctioneer asked for anyone to give $275000 Mr [redacted] bid $275000. No higher bids were made after the amount of $275000 thus resulting in Mr [redacted] being successful bidder, Crowd all clapped for him and then he signed the contract and wrote the check for $27,500 (the 10% earnest money to be held in escrow for closing.
To just give $27500 earnest money back would be a unilateral amendment to this contract which is illegal. The sellers have performed and executed all demands. Closing was set. Mr [redacted] did not meet his portion of contract.
As for letters being distributed to future auctions and damaging the Glenworth name one of the exact letters was sent to the MPAA with Mr [redacted] Auction Consultation Business Card Enclosed.
As for appraisal, the owners have no interest in releasing this since Mr [redacted] has not completed his portion of the contract.
No lies have been made on behalf of Glen [redacted] or Glenworth regardless of Mr [redacted]'s thoughts.
He was not coerced. He openly bid, signed all contracts, gave a personal check in earnest, a promise of sincerity of purchasing the property to the sellers. He portrays to be an auction consultant yet would not comply with the auction buying commitment. Its called buyers remorse. He was fine in front of everyone bidding the winning bid. Now will not follow through.