Do Auctioneers Specialize in Certain Asset Types?

September 25th, 2008 by PA - Bloger

loftinauction.jpg As the markets change focus, auctioneers also change, often concentrating in certain asset types at certain times. Williams & Williams out of Tulsa, OK has traditionally been an auctioneer for residential bank owned property. However in recent months they have aggressively pursued the commercial market auctioning off several assets including office buildings and land developments.

We have found that certain auctioneers tend to say that they specialize in the “auction process” more than any specific asset type.

RE/MAX Group Auctioneers out of Cartersville, GA is mixing it up next month with “Commercial, Residential, Land, Lots and Development Opportunities” throughout the state. Among the offerings is a 7 bedroom home and an office building. Certainly these cater to different types of buyers. They are offering the properties in both sealed bid format and on-site open outcry format. the auctions will take place over several days throughout October.

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