The rain never came on Saturday, but there were snow flurries and bone-chilling temperatures.  We had a great crowd, but few buyers.  In the end, there were only two bidders and one stopped early.  As a result, the house sold for far less than it should have.

And that’s just how real estate auctions are.  Sometimes in a bidding war the sellers get far more than expected.  Other times when people aren’t enthusiastic, the auctioneer’s calls go unanswered and we have a low sales price.

For the record, the house that should have gone for $60,000 sold for $42,000.