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Great post Dr Rockso. I tried to send you a pm but couldn't. Send me one please.

This is why I wouldn't want to buy at an Auction having done everything already. It is money down the drain. I would rather a private sale where all parties have a chance to negotiate and the best deal moves forward to the next stage. True you cannot see everyone's offer but at least you know...

I am personally looking at properties and I get annoyed by this as well. Let's take an example of someone selling a car. They say they want 5k and someone offers them 5k. Great done deal. So why is it different when it comes to a house? If someone says I am selling a house for between 450k...