Practical and Legal Aspects of Real Estate Auctions

Training Provided by Lorman Education Services nIn today's uncertain real estate economy, many real estate developers, investors and fiduciaries are holding surplus inventory with poor turnover performance and a grim outlook on return on investment. The carrying costs to maintain the property during a lengthy conventional brokerage sale weaken the asset's physical properties and investment potential. Real estate auctions have been a viable solution for more than 40 years but are all-too-frequently associated with distressed property or the seller doesn't want to admit financial trouble. This teleconference will discuss the analysis of the real estate auction industry and provide case studies for how the auction strategy has worked successfully in many different asset classes, illustrate the various legal aspects of the real estate auction and explain the different roles attorneys play throughout the process.

Practical and Legal Aspects of Real Estate Auctions Agenda

	Today's Real Estate Environment
	Risk and Opportunity: Supported by Diagram From Frontbarnett Associates LLC Investment Counsel What Goes Around, Comes Around: Discussion on the 1990 Resolution Trust Corporation Study Regarding Auctions Comparison of Today to the Great Depression: Similarities and Differences; Evaluation Around Economic Contraction, Banks, Monetary Policy, Federal Government Policy and Global Response Additional Commentary Analysis of Auction Prices Equating to Market Value Explanation of Liquidation Value
	Real Estate Auctions Today
	Discussion of the Staying Power of the Real Estate Auction Business Model Explanation of How Auctions Work in Any Market Contexts Where an Auction Is Beneficial Strategic Uses of the Auction
	Why an Auction?
	Types of Auctions Offering Structure Method of Bidding Legal Issues Role of Counsel in an Auction Disposition Program Marketing Mix Implementation Strategy Marketplace Funnel Compensation, Fees and Costs (Stated in General Terms) Explanation of the Buyer's Premium Overview of Assignments Case Studies
	Questions and Answers

About The Training Provider: Lorman Education Services

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