Three Case Studies:
1. Estate Settlement:
After inheriting significant real estate, the heirs could not agree on value
or an appropriate disposition strategy. After months of emotional debate,
a trustee was appointed who immediately moved the court to engage our
services.
RESULT: 15 bidders, SALE PRICE - $850,000.
“It was extremely important to the Trustee and the court that a process
be utilized to ensure fairness and ultimately the true market value...the
property was professionally marketed and the process garnered 20% more
than expected.” Court Appointed Trustee
2. Partnership Dissolution:
The final asset of a long term real estate partnership was an
environmentally and legally challenged project. Expert consultants had
diverse opinions as to property value. The auction process provided the
principals with an appropriate methodology to determine true value and
eliminate speculation.
RESULT - 6 bidders, SALE PRICE - $630,000.
“Tranzon Auction Properties brought a focused process with
excellent results that ended potential acrimony between friends.”
Principals’ Financial Consultant
3. Divorce Settlement:
Mediation had resolved all issues except the matrimonial real estate. The
parties were at odds as to a fair determination of value. With the approval
of the parties’ counsel and the mediator, Tranzon Auction Properties
implemented a customized marketing campaign designed specifically for
the property.
RESULT - 5 bidders, SALE PRICE - $620,000.
“After months of disagreement your process brought closure to this
extremely emotional issue.” Divorce Counsel