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Some good points Wylie.Thanks Dutch auctions work at the Sydney fish markets and in Holland at the tulip auctions but i suppose it is a matter of education and this might take time. Why would people be more hesitant to purchase realestate through a dutch auction than fish? I hate...

I want to auction my unit by dutch auction in Queensland where the auctioneer starts with a high price and reduces the price until sold. If the property dosn't sell above the reserve the bidding continues downward until a bid is made and the final bidder gets the option to negotiate up. Are...