Why use a receiver to sell a property? Why not just have a sale by the sheriff or a writ of execution?

There are a number of ways and reasons wherein a receiver may be able to do a better job:

• The execution requires cash on sale
• Prospective buyers are able to walk through and thoroughly inspect a property being sold by a receiver
• The receiver can have the benefit of considering open market sales and can list property on a Multiple Listing Service (MLS)
• The receiver and/or their associates, agents or sub-agents can devote the time and attention required to prepare, repair, maintain and market an assigned property