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stateofthecity.bsky.social
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18 days ago
Thanks. And if that doesn't work and you end up with a few bids at, say, half the hoped for value, what happens next, typically?
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iancollinsto.bsky.social
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18 days ago
The seller would either accept the offer or not accept it. (this is not an auction) The seller can always relist at a new price.
If the property is run down, costing money, or is of an unknown value the seller might just accept the best offer.
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If the property is run down, costing money, or is of an unknown value the seller might just accept the best offer.