Auctions
“Hail Mary” Auction Fails to Deliver
An auction is to the real estate industry what the “hail mary” pass is to the football world. It is a last ditch effort to sell a property when nothing else has worked. So why do some auctions get such great results (see The Edge auction) while others do so poorly? The Landmark in downtown [...]
Read Full Post | Make a Comment ( None so far )The Edge Auction… Success!
Who says property auctions are the desperate act of a distressed seller? Well okay, maybe they are, but that doesn’t mean they don’t work. Developers of The Edge, a new construction condominium building near City Place in West Palm Beach, had been sitting on a vacant building for many months until their recent auction in [...]
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