TITLE

Auction News

AUTHOR(S)
Collett, Samantha
PUB. DATE
October 2014
SOURCE
EG: Estates Gazette;10/18/2014, Issue 1442, p05a
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article addresses the debate on the real definition of guide price as applied to real estate auctions. Topics discussed include the rules for determining guide prices, the problems associated with using guide prices and the expected impact of the issue on new buyers. Also discussed are the advantages of auctions over other means of purchasing real estate and the need for authorities to clarify the meaning of guide price in real estate auctions.
ACCESSION #
98988601

 

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