June 27, 2017
Bidding procedures are only one of the ways to sell real estate
Bidding procedures are currently widely discussed. For this reason the Berlin newspaper Der Tagesspiegel writes about this topic from the perspective of real estate sales processes. However, bidding procedures are only advisable for specific real estate properties, as Dr. Markus Vogel, managing director of the BÜRO DR. VOGEL GMBH, points out in the current article. The approach is particularly suitable for difficult and complex properties between five and a few hundred million Euros. The reason for this: Bidding procedures require a high degree of real estate competence on both sides and time-consuming implementation.
Read the article in German: