Friday, November 28, 2008

Developers Using Auctions to Sell Inventory

Thought this was an interesting overview reporting from a Florida real estate auction done to sell a developer's condos. I used to think of this as limited to the foreclosure scene but not anymore. We have a client who's going to do one of these shortly so I'm very interested and will be reporting more in the near future.

As long as you can set a minimum bid, what's to lose?

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