Auctions are just another way of bringing together buyers and sellers. I don’t really see any advantage or disadvantage to this style of buying. If you are open to the homes that are available, you establish a maximum bid price ans you stick to this dicipline than why would you not feel great if you had a much higher maximim bid price and the the auction price came in much lower. Seems to me this would result in a better del than using the traditional method.
