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What is the typical time table for a real estate auction?

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What is the typical time table for a real estate auction?

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We recommend each property be in the Multiple Listing Service for a period of approximately 3 weeks to 30 days prior to the date of the For Sale By Private Bid auction. Once there is a successful bidder the bidder rules will dictate how much time the seller is willing to allow for the successful bidder to close on the property.

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