Auction.com has claimed the largest ever online real estate transaction; selling a 30-year old office in California’s Manhattan Beach for $96.1 million.
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Auction.com has claimed the largest ever online real estate transaction; selling a 30-year old office in California’s Manhattan Beach for $96.1 million. The auction site’s executive vice president Rick Sharga told CNBC that it represents a sea change: "The big difference here is people not just looking at and researching real estate online, they're buying real estate online. Traditional, non-distressed, high-quality properties.”