Offering your contract at public auction, in my opinion is a great way to gererate interest and to expose the property.As a professional auctioneer - depending on what price you are in for and what you will accept as a net-equity profit - I would suggest a reserve public auction (you'll have more participants if you do an absolute auction).Not all auctioneers are good at marketing real estate - you'll need to interview them - you'll need to know the following:how much advertising money do they want up front to market the property, commission, time frame, how many real estate deals have they done, are they honest, will they do an assignment, are they respected in the community, where will they market your deal, get references, are they authorized to conduct real estate auctions?

If your managing your own properties that you have a clear ownership interest in .. no licesne requiredif your managing properties for your clients IE collecting rent.. negoatiating leases etc.. then yes you need a brokers license with a PM component.. and you would have to work for a broker for 2 years then sit for your principal broker exam pass that and the property manager component..does not matter resi or commercial.. reason is your handling lots of money for investors and or negotiating contracts state wants those folks to be licensed and accountable. 

At our heart, we're a tourist city which puts us at the mercy of the rest of the world's discretionary spending.

also......what contract would I use for this commercial property??

Hi guys, I have a deal under contract and I'm currently in the funding process with some private investors.

After a few deals when you know what youre doing, you will appreciate his help but will want 100% profits so dont get bound up in something you cant get out of (like signing your life away in a contract).

Time to have a heart to heart conversation with the property manager over your expectations and their failure to meet them. 

Most are offering a 3 year contract.

Good thing is I didn't put down earnest money because instead of a contract, the city gave me "resolution", approval on my offer although I have expenses such as attorney and title report fees.

Buyers are still allowed to inspect the property until someone buys- keeping in mind that the property will be sold 'as is' to the first person that signs the contract.