Comments on: More Seattle condos to be auctioned

By: Condo auction sells 18 of 38 units, yields $3 million | The Seattle Condo Blog

Wed, 16 Dec 2009 02:08:00 +0000

[...] three-property condo auction held by TeamBuilderJLS this past weekend yielded over $3 million in [...]

By: The 3-property condo auction rescheduled for Sat Dec 12th. | The Seattle Condo Blog

Tue, 08 Dec 2009 22:48:16 +0000

[...] condo auction that was to have taken place on December 5th has been rescheduled for this coming Saturday – [...]

By: Paul

Paul — Tue, 08 Dec 2009 02:20:17 +0000

Hasn’t happened here yet. Looks like they will move -no problem. A good out for the developer – makes for a situation where they can free up capital for other projects.

By: Ashlee

Ashlee — Fri, 06 Nov 2009 04:23:18 +0000

Hopefully they get sold and finished. We have a development here in Fort Worth where the developer went under half way thru and now someone else has bought up and trying to finish out the project! Hopefully that happens here as well!

By: Richard Stabile Bergen County Real Estate

Richard Stabile Bergen County Real Estate — Thu, 05 Nov 2009 04:08:19 +0000

Why not just priced them sharper and let them sell. Auctions carry the buyer’s premium. Am I wrong to think that if they were priced right they would of sold.
We found price is extremely important. If you are mis-priced the market that is looking at your properties are not the people that would buy them.

By: John

John — Mon, 02 Nov 2009 22:38:43 +0000

I toured the Summit this past weekend. Much still under construction / awaiting inspection but these units look pretty good, especially the 2-bedroom floorplan which has 2 decks (one facing the Space Needle). Any idea how much these might go for at auction?