Real estate and business professional Chad Roffers maintains an active lifestyle through a number of sports, including tennis. Like all sports, tennis poses the risk of injury. Below, Mr. Roffers discusses tennis elbow, one of the most common tennis-related injuries. 

Tennis elbow is caused by repeated stress on the muscles of the arm and wrist, which results in microscopic tears and pain in the outer elbow. To avoid these tears, players should always stretch before a match and seriously consider wearing an elbow brace or sleeve. Tennis elbow sometimes results from poor stroke formation. If possible, the player may want to consult with a professional trainer to ensure proper technique. Sometimes, equipment is to blame, especially if the player uses a heavy racket or especially heavy balls.

Traditionally, treating tennis elbow involves regular icing, rest, and the use of ibuprofen or other mild anti-inflammatory medications. Players may also want to investigate alternatives such as splinting or acupuncture.
In my work in business development at Concierge Auctions in New York, I have participated in many real estate auctions for luxury properties. What follows are a few facts to help you understand this type of selling.

Like antique and art auctions, a real estate auction typically uses the familiar open-outcry method to signal the auctioneer. The auction is held on the property, such as a luxury estate. People who cannot attend the event in person can take part by phone, online, or through a proxy.

The auction firm checks prospective buyers for financial fitness to meet the expected bid range. The firm consults with bankers to confirm the winning bidder has the funds necessary to ensure a timely closing, typically 30 days or less.

Concierge Auctions generally sets a buyer premium, which is added to the highest bid as either a set percentage or a specified value.

About the author: Before he signed on at Concierge Auctions, Chad Roffers was the president and co-founder of SKY Sotheby’s International Realty, which during his tenure made some $500 million in luxury real estate sales.