Texas Sealed Bid Sale

The Sealed Bid Sale Has Ended

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What is it...

The Sealed Bid Sale is an effective marketing program utilized to speed up the sale process by creating a sense of urgency and competition among the largest pool qualified buyers. Investors and their brokers will have access to due diligence items in the form of a Property Information Package (PIP) at least 30 days prior to the Bid Offer Deadline. A PIP is created for every property and is available on the web site and also in hard copy upon request. It includes property information, tour date schedules, Terms and conditions of the sale, a preliminary title report and a contract.

The Aggressive Marketing Campaign will utilize the power of the NAI Global network to access one of the largest databases of qualified buyers worldwide. NAI combines local knowledge, expertise and relationships of 5,000 professionals in 325 offices with access to private, institutional and corporate investors in 44 countries. NAI agents handle over $45 billion in transactions annually ($10 billion - investment sales). In addition to the NAI exposure, the campaign includes mass direct mail, property signage, local and national advertising in newspapers, business journals and other local real estate publications. Web based advertising will include email blasts, local and national CRE web site ads, CRE blog postings and a comprehensive website capturing contact information from investors and brokers as they view commercial properties and promissory notes offered in the sale.