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We had the kids with us and kept them occupied in the room next to the vendors and with every new bid the agent would run into their room and we kept hearing them saying they weren't at reserve and wouldn't be selling at that price.

I went to an auction 2 weeks ago. Agent said price guide over 1mil, you should have it for well under 1.1mil. Vendors reluctantly sold for under their reserve at a little over 1.21mil. Most of the bidders got pest and building done yet the majority were never in the running at the real reserve.