For the auction side of the business, the one-time litigatorturned real estate attorney turned commercial real estate brokersays he has become the regional affiliate of Tranzon LLC, anational auction firm. "The auction format sells the asset 'As Is,Where Is,' with all contingencies waived and due diligencecompleted prior to the auction," says Vipond, adding that in hisexperience the process helps "expedite the timeline and increasethe returns" for all product types.

As an example, Vipond says he recently helped a family trust inSacramento, CA, sell 526 acres of raw land. Previously the familyhad been offered $3,000 per acre by several prospective buyers.Through the auction process, Vipond secured approximately $20,000per acre totaling approximately $10.5 million for the trust.

On the development side, Vipond says he is now leading severalnew development projects. He and his partner are currentlyconverting 38 apartments to condominiums in Issaquah. The project,called Issaquah Village, is located at 755 5th Ave NW near GilmanVillage. Construction and pre-sales have begun through WilliamsMarketing.