Apparently some properties are not selling fast enough and some people are turning to quicker methods of liquidating.
Auctions are growing steadily and there's one coming up that will attempt to liquidate 48 commercial and residential properties.
Contrary to the traditional reasons for auction, mainly distress sales, these properties are mostly going on the block to produce a fast sale.
The properties are presented with a minimum sale price, some will go, some will not. It's all going to depend on correct pricing.
The auction method produces quick results.
http://www.myrtlebeachonline.com/news/local/story/185530.htmls
Is this going on in your area?
Comments(58)