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Online commercial real estate auctions and special purpose properties are a match made in heaven. When trying to sell property that is hard to value, a lack of decent comps can make a seller and broker's life miserable.
You want to get top dollar for your property, but asking too much will ensure that the phone will never ring. The Future of Real Estate brings the tools and know-how to achieve a true market valuation, ensuring all parties are motivated to close the sale.
For more questions about the process, or to see if your property would be a good fit, give us a call today!
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PAST SPECIAL PURPOSE EVENTS
Multiple Property Types | British Columbia, Canada
This major Canadian landowner selected FRE to auction market stunning vistas, timber land and industrial docks on Vancouver Island. This auction included Capes Lake with over 12,000 acres of secluded forest, majestic waterfalls, serene lakes, commercial timber and unsurpassed views and Campbell River with a waterfront, concrete boat launch and wharf with adjoining docks, which was successfully sold.
Whiteface, Texas
±1,426-acre multi-purpose campus located in rural Texas originally offering a temporary shelter for girls, but developed to provide a stable, long-term home environment for abused and neglected girls. This one-of-a-kind property includes amenities such as dormitories, staff housing, daycare center with outdoor play equipment, chapel, school, medical clinic, maintenance shop, swimming pool, gym with basketball hoops and rock climbing wall, barn, fire station with a fire truck, and more. After a wide-reaching advertising campaign, the needle in a haystack buyer came from a similar non-profit with a similar use case.
Multiple Property Types | Eastern Germany
This auction was for a large portfolio of properties located throughout Eastern Germany. These properties consisted of apartments, holiday resorts, leased office buildings, as well as large industrial complexes. Through a worldwide advertising campaign, over 20,000 visitors came to this event to learn more about the portfolio. At the conclusion of the auction, over 115 individuals registered to bid. This auction went into almost 3 weeks of day-to-day Last Call bidding, allowing the seller to capitalize on the true market value for these challenging assets.
Multiple Property Types | British Columbia, Canada
This major Canadian landowner selected FRE to auction market stunning vistas, timber land and industrial docks on Vancouver Island. This auction included Capes Lake with over 12,000 acres of secluded forest, majestic waterfalls, serene lakes, commercial timber and unsurpassed views and Campbell River with a waterfront, concrete boat launch and wharf with adjoining docks, which was successfully sold.
Whiteface, Texas
±1,426-acre multi-purpose campus located in rural Texas originally offering a temporary shelter for girls, but developed to provide a stable, long-term home environment for abused and neglected girls. This one-of-a-kind property includes amenities such as dormitories, staff housing, daycare center with outdoor play equipment, chapel, school, medical clinic, maintenance shop, swimming pool, gym with basketball hoops and rock climbing wall, barn, fire station with a fire truck, and more. After a wide-reaching advertising campaign, the needle in a haystack buyer came from a similar non-profit with a similar use case.
Multiple Property Types | Eastern Germany
This auction was for a large portfolio of properties located throughout Eastern Germany. These properties consisted of apartments, holiday resorts, leased office buildings, as well as large industrial complexes. Through a worldwide advertising campaign, over 20,000 visitors came to this event to learn more about the portfolio. At the conclusion of the auction, over 115 individuals registered to bid. This auction went into almost 3 weeks of day-to-day Last Call bidding, allowing the seller to capitalize on the true market value for these challenging assets.
