Does anyone know the results of the 57 property auction on Nov. 17 in Watercolor?

[RYNO]

I was planning on attending, but was out of town. Anyone know what happened? How many properties were sold, prices, etc? Thanks!

 

[hoover_rc]

Many sold pending bank approval of short sale, and many sold as absolute auctions... The list would be too long to go through, and I don't have it, but I know that a bunch a people got great deals...

 

[Smiling JOe]

Actually, I posted the list of all the properties and the selling results at auction. Search the threads for Roebuck Auction.

 

[heathernken]

Interesting to see how many of those actually close. I bet robuck spent more money on the venue than it made on those sales.

 

[Smiling JOe]

With all the advertising paid in advance by the sellers, and the buyers paying a 10 % additional commission, I'd bet money that you are wrong on that. They rented an otherwise empty ballroom, and bought soft drinks, bottled water, cheese and fruit, for about four hours.

 

[robertsondavies]

I asked a Watercolor Inn manager about the rental charge for the space while I was milling around at this auction, and I can assure you that it was a nominal fee - quite a bit lower than I expected. I think the manager implied that the rate for rental was low, but did not include perhaps an additional $2,500 for coffee/soda/cheese service...

net-net, I'd also bet money that Roebuck made some money on the Nov. auction.