Today Concierge Auctions announced that a gorgeous Hualalai Estate being auctioned on July 1, 2010 on Hawaii’s Big Island, has reduced the reserve price by $500,000.
Buy this Hualalai Estate for half a million dollars less…
That means some lucky buyer out there may just have saved themselves one-half million dollars before the auction even starts! Action price starts at $5.4M
What this move really tells me is that there have been less-than-expected number of potential bidders already registered with Concierge auctions to buy this gorgeous home at the Hualalai Four Seasons Resort. What entices more people to show up to buy a house at auction? A reserve price that is seen as “affordable”? Or a price that is “too good to pass up”? To me, this looks like an amazing home at an even more incredible priceâ€”assuming no one shows up to bid against you.
Coming to the Big Island for the fourth of July holiday? Contact me if you’d like more information on thisâ€”or anyâ€”Big Island property.