- Hilco will help sellers of large address blocks decide whether to break them into smaller blocks or sell them as-is, depending on the current market dynamics.
- Auctions are usually scheduled to close within 2-5 business days, although large blocks may remain in auction longer to maximize bidding opportunities. If a listing expires with no bids or bids below the threshold acceptable to the seller, Hilco will advise the seller on whether to alter the threshold or the listing to include a “buy now” option. Alternatively, the block can be relisted for sale.
- Hilco has relationships with buyers worldwide, and for large blocks (/18 or larger), Hilco will reach out to known active buyers to provide them with an opportunity to bid—which benefits buyers and sellers
Once an address block is provided to Hilco, the average time from signing a Hilco Streambank Engagement Agreement to sale is two weeks or less. The average time from the sale to the funds being received by the seller is 5-6 weeks.