A liquidation event is comprised of a variety of highly synchronized activities and services combined to produce the most positive outcome.
- The overriding concept is that all tasks must be performed in a timely manner so the real estate can be prepared for the next tenant or to be sold as soon as possible.
- Even the smallest detail must be handled efficiently. For example: Heavy-equipment must be utilized quickly then prepared for sale and/or returned to rental locations. (A forklift used to set up a sale is an example of this.) Racking and shelving must be disassembled, scrap materials must be recycled, leased equipment must be returned, computer hard-drives must be ‘wiped’ to DOD-Standards for intellectual property security purposes, etc….
- Effective communication is the key element in all activities as clients are often in a different geographic area from the business or assets. They are dependent on us to handle every aspect without multiple phone calls, emails or other interruptions.