Why would anyone pay 72 grand more than the reserve when the reserve price was advertised everywhere two days before.
And we have these two bulls to tell us all about it.
Smells more of a desperate real estate industry trying to save some face in a very negative situation.
Just cos there is an offer doesn't mean it will settle.
Believe real estate spruik at your own peril.
I read an article that the production company lost close to 500k on each property not including interest holding costs. That happened in reality land not tv land
