With real estate sales and acquisitions picking up as the market strengthens in the US, we’re seeing people choose more aggressive methods of selling and buying real estate. One of these methods is auction. With roots dating as far back as 500BC, auctions are anything but a new and novel way to transact real estate.
With the economy gaining steam and commercial real estate prices becoming more opportunistic for buyers, now is the ideal time to decide where you want to establish your business long term. We all know the pros and cons of both sides of the coin as far as lease vs own is concerned. A long