"Bulk Buying": Works at Costco, Why Not for Condos?

As Featured in the Seattle Met

Written by Jane Hodges

Image Courtesy of the Seattle Met

In an article exploring the "bulk" sale of condos, Hodges writes that Realogics Sotheby's International Realty, "is handling the bulk sale of 100 units across the two buildings. Realogics has handled bulk sales before at places like The Decatur. 'Auctions are sensational and interesting, but they're not always useful to the buyer and seller,' says Jones. 'Bulk condo sales offer an auction-like price with a more sympathetic sales process.' Jones says bulk buying gets rid of the gavels, uncertainty of bidding wars, and general hysteria associated with auctions."