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Updated over 1 year ago on . Most recent reply

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28
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Matthew Ray
  • Hanover, PA
2
Votes |
28
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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

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3,499
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3,451
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Tom Gimer
  • DMV
3,451
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3,499
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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
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Gimer Law
5.0 stars
6 Reviews

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