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Have any of you ever participated in a real estate auction? After recently reading about them and then briefly covering them in one of my ABR classes, I decided to place one of my hard-to-move properties up for auction. We did get a buyer, although at a markedly lower price than what we wanted. The neat thing about it is that the seller retained control and decided whether to honor the bid or not. (Of course, this was a multiple-property auction, and the listing was taken this way. There are absolute auctions in which the seller must accept the highest bid,
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