Would this work in the San Diego real estate market?
How many of you have attended an auction of some sort? I attended one once as a research project for a buyer that wanted to bid on a home that had gone to auction. One thing I learned is to bring your patience and be quick on your feet. The pace of some of these auction is so feverish that if you leave to use the restroom or get a cup of coffee you just might miss out on bidding on the property you wanted to buy.
California, and it's current real estate market, are often at the forefront and test ground for many new and innovative marketing strategies so it's no surprise that San Diego will be the test site. I guess this is just another sign of how the economy and current housing market inspires people to come up with new ways of doing things.