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Went to an auction today at a place nearbyminr, purely out of curiosity to see what the market is up to...
the thing ended up going for nearly $200k over reserve..
sad to watch the auction as there were three parties who clearly had their hearts set on it,(hence the massive amount over reserve..) and to see their faces as it just kept slipping out of their grasp..
auctions are just an awful way to buy property...
can be great for the vendor at times though, as todays one highlighted..
the thing ended up going for nearly $200k over reserve..
sad to watch the auction as there were three parties who clearly had their hearts set on it,(hence the massive amount over reserve..) and to see their faces as it just kept slipping out of their grasp..
auctions are just an awful way to buy property...
can be great for the vendor at times though, as todays one highlighted..