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Originally Posted by ken0042
Interesting story on Global about a house that went up for auction. The list price was $230K and they didn't get an opening bid until 180K. (It started at 250 and went down.) The final price was $222K.
Good to see it didn't get out of hand. I'm not sure if the seller could have gotten more just by entertaining traditional offers or not.
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I wonder what real estate commissions were charged on that?
There is another one this weekend in Falconridge.
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