Barry, most of the bids the 1st day were bid as a goof, guys bidding in the $100-$200K range knowing
they had no chance of winning it.
Our buddy Sarno was high man at $110K, & even I was high man for a minute at $180K.
Would have got a 2nd mortgage & partners if I did land it at that, but wasn't the case.
Other bids could have been placed to scare away other bidders as the price point became higher & higher.
Still all in all it went for $1.32 million w/ the juice. I'm sure the consignor & REA are delighted & hopefully the winning bidder is too!
If not that's quite the buyers remorse he'll have.
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