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Comment by fairity

I understand in your case it worked out well, but I have to believe transactions like this, in aggregate, are highly negative EV for the seller. The buyer just has so much more information than you do on how market valuations are being set. And, the buyer knows the sellers are desperate for liquidity. The only way to combat these dynamics, as a seller, is to drive significant competition in the bidding process, but I doubt there's sufficient competition in most cases.
parent fairity 3 years ago

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