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Old 09-27-2009, 10:31 PM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
There's now 5 interested parties, 3 of them builders (no finance involved)

It's getting a lot harder because I'm going back and forth, people are getting narky about having to bump their offers in baby steps. 2 of the buyers just came into the mix today.

I tried to be smart by coming up with a reverse auction like this,

set current price $xxxk (about 3% above the current offer)

- if one purchaser agrees to this price, their offer will be accepted.
- if two or more purchasers agree to this price, the purchaser whose offer is accepted will be chosen randomly.
- if NO purchasers agree to this price, the current price shall be dropped by 5k and the cycle will repeat one more time.
- if after two cycles no one has agreed to the price the current standing offer for $xxxk will be accepted.


... but I don't think the buyers are too impressed. :D
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