LoopNet | Online Commercial Real Estate Auctions 101

Every week, millions of dollars in commercial property change hands through commercial real estate auctions. This unique marketplace is transforming how properties are bought and sold, offering a fast and transparent alternative to traditional sales.

Contrary to common misconceptions, auctions are not limited to buying distressed properties; they also feature high-quality, tenant-occupied properties. While traditional sales can take months to close, properties transacted in online auctions typically move from listing to closing in an average of under 100 days.

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