Vail Daily column: Should I auction off my multi-million dollar property?

2nd August, 2014 by

By Edward Stoner

Dear Joan, I own a high end property that has been on the market for three years, with no serious interest — i.e. no offers. We have lowered the price three times and changed brokers twice. I have had an appraisal done, so I feel comfortable with the value. A friend of mine suggested that I engage an auction company that does luxury auctions. What do you think of an auction for a multi-million dollar property? That makes me a little nervous. Dear Auction Candidate, Until I learned about some good reputable auction companies, I would have agreed with you …

Source: Vail Daily Feed