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The sealed
bid program is designed to maximize sales
price, reduce marketing time, limit or remove
contingencies and increase the likelihood
of closing by creating competition among
buyers. Allowing all interested buyers access
to complete property information/due diligence
packages during an intensive, but short
marketing period, creates an equal playing
field. Fully informed buyers, knowing they
are bidding against other fully informed
buyers, are likely to offer the most they
are willing to pay with limited or no contingencies
on the bid opening date.
Open Cry Auctions have long-established
themselves as an effective means to dispose
of corporate real estate. Through a unique
alliance with one of the most experienced
auction firms in the nation, we can offer
auctions as a disposition alternative for
an individual property or to pool multiple
properties together for sale in one large
auction on a national and regional basis.
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