Back in business
Larry Latham is back, and he says he’s ready to give back to an association that nearly 30 years ago helped give rise to his prosperous career.
The NAA Hall of Famer, best known for pioneering ballroom-style real-estate auctions in the early 1980s, is the 2010-2011 Presidential Appointee to the NAA Board of Directors.
Latham says early in his career he knew how to market an auction — real estate marketing was his specialty — but to turn his entrepreneurial vision into reality, he partnered with some of the National Auctioneers Association’s most influential members.
“I never would have had any success, I’m sure of that, if I had not aligned myself with key individuals across the country — key Auctioneers across the country — who taught the business,” he says.
Before he took a break from the business in the early 2000s to 2008, Latham sold tens of thousands of properties across the country at auctions with fellow NAA Auctioneers. During the savings-and-loan crisis in the late 1980s and early 1990s, he was instrumental in selling real estate for government agencies, including the Resolution Trust Corp. (RTC) and Federal Deposit Insurance Corp. (FDIC).
Latham earned his CAI designation in 1984 and says one of the reasons he has come back to the auction industry is because of the people who work in it. He says members of the NAA and auction industry are among the best people in the world.