Weighing the alternatives - bizjournals:

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Among the approaches emerging are Craig’s a Web site that provides freewant ads, or usinv auctions to find a buyer. “We are in a new economivc environment, and there is a new worlxd order and no one knows exactlu what therules are,” says Davide Hagan, president of in Greensboro. Yet even as propertyu owners trynew alternatives, local experte contend that tried-and-true brokerage is, and will long the predominant strategy. “When times are tough, people will try anything,” says Ladd Freeman, presidenft of in Winston-Salem.
Emerging approaches are typicallhy being experimented withto supplement, rather than replace, traditional Because theses approaches have yet to enter the many potential buyers or tenants might not take them as For example, brokers say the perception in the real estates community is that when a property is up for auction, the owner is in bankruptcgy and must sell not that the owner is trying to set itseld apart from the pack in a crowded real estatr market. Auctioneers say that while that may have been the case they are getting more calls from owners of nondistresse properties exploring auctions asan option.
Those who are usin g these methods agree that while they have had mixed new and different approaches areworthh considering.