Going once, going twice, sold! Commercial real estate auctions are gaining ground

Gary Danklefsen, senior director, Cushman & Wakefield | Commerce 

As published in Scotsman Guide’s Commercial Edition, September 2013.

The commercial real estate market has gone through many changes in the past few years, and commercial mortgage brokers who have kept up with these trends are the ones who now stand out from the crowd.

One of the many trends in today’s market is the growing attraction and interest in real estate auctions. For their part, commercial mortgage brokers have much to gain from assisting their clients with auctions, but for the uninitiated, that can feel easier said than done. What do you need to know before all of the quality real estate auctions are going, going, gone?

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