September 9, 2010
We wrote about “real estate having no value at all?” a short time ago. Our point was that no real estate has any value at all, but rather real property has value. In this post, we’ll discuss when real property has no value.
Among the 1,000’s of real property auctions occurring every day in the United States, there are some properties that are garnering no bids — no bids at all. Some of these properties are selling absolute (without any minimum bid nor reserve of any kind) and still not receiving any bid, not even 1 penny.
September 6, 2010
Much discussion these days revolves around how an online-only auction compares to a live auction. Some say that online-only auctions realize more money for sellers, while others say that the live auction realizes more money for the seller.