Property Auction Blog

With the downturn in the marketplace more and more auctioneers are getting in on the bulk ballroom auction sales. These sales are mostly impersonal but certainly effective for an institution looking to quickly dispose of hundreds of properties in one day. We have noticed that auctioneers who have traditionally performed on site auctions for a [...]

[Read more →]

Auction companies have traditionally offered brokers who bring clients to an auction and “duly register” them a broker cooperation fee. This is essentially a commission to the broker/agent if their client successfully closes on the property. However, in the last few years, during the boom times, we noticed some auctioneers moving away from this practice. [...]

[Read more →]