Private auction - the best method for selling property in crisis

In large supply of the property market in times of crisis and weak demand win those who are ready to apply unconventional methods and risk. The announcement of the auction is the guarantor for the rapid implementation of the property under optimal conditions, the model is borrowed from the developed European countries. A transaction can be realized in a relatively short time - within two months. In other data, the average time for standard sell during which a property stays on the market is approximately between 6 months and one year.

According to experts the main difference between the standard sale and this auction is the mechanism that determines the price of a property. This is the main advantage of the tender. It appears possible cleaner market mechanism for determining the market value at the time of the event.