If you own a couple dozen properties, classic cars, art, about how long would it take to liquidate all that?
2007-07-12 09:50:26 · 3 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
If you will take 10 cents on the dollar, you can liquidate (aka convert to cash, aka sell) tomorrow. It you want anywhere close to market value, it will take longer. It all depends on the individual items, and the price you will accept.
2007-07-12 12:29:40 · answer #1 · answered by STEVEN F 7 · 0⤊ 0⤋
you could liquidate it all in one day if you listed and had an auction. bear in mind that items will go to the highest bidder no matter what the bid -- you can bid also but you will have to pay the auctioneer a fee about 5-10%.
2007-07-12 09:57:02 · answer #2 · answered by mister ed 7 · 0⤊ 0⤋
As long as it takes to sell. Price Price Price is the answer and the marketability of said items.
2007-07-12 09:54:01 · answer #3 · answered by Anonymous · 0⤊ 0⤋