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Old 05-30-2012, 08:20 AM   #2255
GP_Matt
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Join Date: Jun 2011
Location: Edmonton
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Quote:
Originally Posted by bizaro86 View Post
Really? I don't see how that affects you negotiating a price. If someone else shows and up and pays more than you, you won't get it. If not, you will. It also has the advantage of being much faster for the seller. If you don't like, don't bid.

I actually think there are significant benefits to RE being sold by auction, and it's commonly done that way in other countries. (Australia especially)
I hate the auction idea simply because a wife could become emotionally attached to a house and force you to bid higher than is rational or give up and feel emasculated. Really no good can come from it from a buyers perspective.
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