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What is the purpose of auctioning a property?

by on Oct 26, 2010

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They would show you the property and you got to write down the amount for the property. The property is given to the person with highest value. Other wise known as first pay seal bidding (FPSB).

They would show you the property and you got to write down the amount for the property. The property is given to the person with highest value. Other wise known as first pay seal bidding (FPSB).

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What is the purpose of auctioning a property? What is the purpose of auctioning a property? Document Transcript