Quote:
Originally Posted by Adam
I think this is how it would work. The 2nd highest bid was $9,277, the 3rd was $5,200. So if no one bid $70k, then it would have gone to the 2nd highest guy for $100 over $5,200 = $5,300. But I don't think that the seller and the 2nd highest bidder would now have to necessarily agree on that exact price.
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Right, I wasn't implying that it went for $5,300. I was just trying to point out what a mess the $70k bid made of things and that relisting might not be the best of ideas and that a compromise might be best for both the seller and the bidder.
John