Like all auction situations, the terms and conditions of The Terrazzo auction specified that the auctioneers could change the rules at any time, and they did stop this auction after 21 units were sold, and 14 units were not auctioned. The sold price is to the right in my handwriting, and those with a box around them are what they offered as a one time price after they stopped the auction. When they stopped the auction, they gave those interested a chance to meet with a sales person and receive a one time price for the units. The price I wrote in on the left is what they were asking for those units as the one day price, however, when I left which was after the room was almost entirely clear, the other 9 units had still not sold. There will be another auction at The West End on Saturday, December 5th. Here is a website re: the auction and showing the units that will be auctioned, their last list price, and their price per square foot. There is no reserve on these, as there were at the Terrazzo, however, the owner does have a chance to reject the winning auction bid. Please contact me if I can provide further information for you on downtown condo sales, or assist you at The West End auction. gabrielle@gabrielledodson.com 615-519-6130 The Results of the Terrazzo Auction with the actual winning bids, Nashville, TN 11/21/09
Some great information here provided courtesy of Gabrielle Dodson who was in attendance for the bidding.
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