Real Estate Auction Attracts Only One Bid

I wonder if there is just too much Buyer fatigue in the Victoria Marketplace to support this kind of sales structure. I spoke with a visitor to my Open House yesterday, he has been looking for a home for the past six months and has made 14 offers without success. People who attend auctions are looking for a deal and I'm sorry to say that there just aren't that many out there in today's market.

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The Grierson Mansion, built in 1910, was marketed for sale via live auction.


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