[Sold]Management Auction - Private Property #281

[Kessu]

Vice City Auction House
Expello. Vendere. Quaestus.


Property Details: Leaf Links Condo, Vice Point (#281)
Owner: The State
Original Value: $500,000
Starting Price: $500,000
Minimum bid: $5,000
Buyout: N/A
Auction Length: 2 weeks (14 days)

[Silent]

10000

[Kessu]

10000

Is that $510,000 or did you not read the rules made in the sticky topic?

[Silent]

It said minimum bet 5k 

[Kessu]

Starting Price: $500,000

[danigold1]

It said minimum bet 5k 

starting price is the lowest default bid the first bidder can make.
The minimum bid is the least amount of money the next bidder can add to the last bid.

[Klaus]

starting price is the lowest default bid the first bidder can make.
The minimum bid is the least amount of money the next bidder can add to the last bid.

Thanks for elaborating this. It should have been Kessu but then we can't expect too much now can we 

[Amal]

$550,000

[Antonio.]

Sorry for my ignorance but if it's bought for let's say 600k bid that means in total the buyer needs to pay 1.1m?

[Kessu]

Sorry for my ignorance but if it's bought for let's say 600k bid that means in total the buyer needs to pay 1.1m?

No, buyer pays exactly what he bids.

This is why the bidding starts from the default value of the house.

[Kessu]

We're at the half way mark, 7 days left!

Get to bidding people, don't let this be cheap!

[Sevrin]

555k

[Klaus]

600k

[Sevrin]

Take it, I dont want it jajaja
Jkjk
605k

[Kessu]

3ish hours left people! Prepare your wallets!