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Steve Shanahan Shanahan: “One of the common misconceptions in the industry is that if a property is marketed for auction, there is something negative about it; it’s a troubled or somehow distressed real estate asset. This is not necessarily the case.”

CARLSBAD, CA—Combining the effectiveness of online platforms with the date-certain nature of real estate auctions really speaks to the needs of sellers, Real Capital Markets’ executive managing director Steve Shanahan tells GlobeSt.com. The firm recently launched an updated version of its online auction program, adding flexible pricing and compensation structures to significantly reduce disposition fees for sellers.

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Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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