Definition of bulk sale

the sale of a group of real estate assets, typically dissimilar properties in different locations. This sales technique was used by the RTC in the early 1990s to dispose of multiple assets at one time, forcing a buyer to accept the bad ones with the good.

Example: A bulk sale was the liquidation technique used by a syndicator who was retiring after having accumulated 100 separate properties, each of which was syndicated. The bulk sale required potential buyers to bid on and accept everything so that the retiring syndicator would not be left with the difficult-to-sell properties.