What’s the reserve on the auction. There’s a small development in Huntington Beach, like 9 units total, 3 of the big ones remaining $1.6-1.9M that are being auctioned on Nov 4th. Two have reserves, one doesn’t.

If the auction has a reserve, IMHO, it’s not an auction.

It’s basically a ploy to make people think they’re getting a deal when really, they’re just hitting the sellers min-bid.