Bulk Sales are a single buyer purchase of multiple real estate parcels at the same time, as if they were one unit.
a) Entering Bulk Sales:
a. Take the Tax Value (TV) of one parcel. Divide by the Total Tax Value (TTV) of all parcels combined. Multiply this ratio against the Total Sales Price (TSP) of all parcels combined. TV/TTV*TSP = Individual Sales Price
b. Listing Agent will include in Agent Remarks:
i. “BULK SALE”
ii. # of units and
iii. listing #’s of each unit
c. Listing Agent will include in Closing Remarks: BULK SALE