Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

28
Posts
2
Votes
Matthew Ray
  • Hanover, PA
2
Votes |
28
Posts

Holding an auction for an assignment contract

Matthew Ray
  • Hanover, PA
Posted

Hello all, 

I was recently informed that i can hold an auction for my assignment contract. Is this true? and how do i do it?

Most Popular Reply

User Stats

3,499
Posts
3,453
Votes
Tom Gimer
  • DMV
3,453
Votes |
3,499
Posts
Tom Gimer
  • DMV
Replied

Auctions require advertising $. A "seller" like you would pay that up front. 

If you have a property under contract at a great price, and a competitive bid scenario between multiple investors may be the right course of action, consult with a reputable real estate auction company.

The auction company should be able to tell you pretty quick whether your deal is as good as you think it is.

  • Tom Gimer
business profile image
Gimer Law
5.0 stars
13 Reviews

Loading replies...