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20

Sep 2011

100% Conversion for all Government Agencies in Recent Commercial Auction

Wilsons News

Richard McFetridge, Commercial Manager of Mallusk Branch commented after the sale “the crowds love government entries due to the fact that they are not reserved” he carried on to say “just because an asset is not reserved it does not mean they make lower prices at auction, quite the opposite. One main benefit of unreserved lots is that the buyer knows that when they are the highest bidder on the day the asset is theirs at the fall of the hammer and they dont have to wait on provisional bids."