Single Seller/Single Stand-Alone Auction
This format is ideal for property that has a very specialized market or high profile.
Single Seller/Multiple Property Auction (Portfolio Sale)
This format allows for an offering at a single location and time, or at regional locations at different times, for a single owner offering multiple properties.
Multiple Seller/Multiple Property Auction
This format allows multiple sellers to pool their properties, creating a larger auction event. For a seller who has flexibility in terms of time, this format provides an economy of scale, allowing inclusion of smaller properties for attractive advertising contributions and brings together buyers for various properties to the same event in a synergistic way.
Sealed Bid Offerings
This format allows bidders to submit bids on pre-approved contract forms and the seller can accept or reject an offer.
Sealed Bid Convertible
This format begins with a Sealed Bid program to identify the market segments and judge the depth of market. At sufficient market depths, this format may be converted to an open outcry format.
Last Updated ( Friday, 16 May 2008 13:27 )