Real Estate Quarterly: Auctions On the Rise
April 22, 2024 – Media MentionLos Angeles Business Journal
Real estate partner Craig Coan shared his insights with Los Angeles Business Journal in response to the question: Why sell via auction?
Excerpt:
“Buyers are all pre-vetted,” added Craig Coan, a partner at Greenberg Glusker LLP specializing in real estate and business. “They have to show the ability to buy the property. There’s a significant earnest money deposit that a buyer has to make in order to bid on the property. It’s very transparent.”