Are you sure this is a condo, not a co op?
Why would any broker work for free? We are compensated by commission. Working for you for free or for very little may be a nice gesture but it also reduces the time a broker has to work with his clients who are paying him. And there will be expenses to make this successful.
I often see the company auctioning the property advertising it on Zillow and other sites. Are you sure that's not being done?
IF your apt is a good value, there will be no shortage of potential buyers. You have a prime location and inventory is low. It sounds like your majority owner thinks he will be the only bidder. Not likely.
My name is Michele Brown-Lowe with Carrington Real Estate Services and I work with foreclosures everyday. I recently sold a property on the eastside that was an actual foreclosure and have an established relationship with several banks and asset managers. I know that it can be very difficult and stressful when facing a foreclosure and can definitely be of assistance to you, if given the opportunity. I would advertise your property on more than 500 websites as we as a website of it's own. I would also provide you with a Comparative Market Analysis that would show the value of you home. Please feel free to contact me at 914-527-5733 or 888-575-6773, ext. 528, with any questions or concerns that you might have.
Thank you in advance for your time and consideration.
Carrington Real Estate Services
I work with foreclosures everyday and it can be difficult to get the bank to work with you to sell/buy. I would be willing to advertise your property on my trulia website where thousands of viewers frequent daily, as well as, others. Please feel free to peruse my site, let me know your thoughts and contact me with any questions/ concerns. I would love to help any way I can. Thanks, in advance, for your consideration.
Monica K Pindle Faulkner, CDPE
Lemor Realty Corp