- Jun 20, 2007
- Professional Status
- Certified Residential Appraiser
I am currently doing a condo sale in a project where the last 10 sales were auction sales. I have never dealt with auction sales so I wonder if I am on the right track. The sale of the 10 properties included an auction fee. Do I need to subtract the auction fee out of the sales price? I know what the fee is and talked to the company responsible for the auction.