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#12 *****ior went for $1,193,000 on 2/3/15.

I agree with you Scott. The problem is, that one nutty price can be ignored by valuers as being "out-of-line" BUT when you get a dozen "up-there" prices it resets the baseline and that becomes the norm.

In almost every case, where we manage to buy prior to auction, I would estimate the vendor would have received a higher price (not from us) if they had proceeded to auction. I suggest you don't do this UNLESS you know the vendor is open to selling prior - otherwise all you are doing is helping...