Who attended this weekend’s auction at the Hynes Convention Center?

One of my readers did.

i thought the prices were WAAAY too high. i think bidders were thinking it must be a good deal if they get a house 1/3 off the “market value” of the house, but the market values they had posted were based on the peak market price, which will not return for yrs, and the houses were generally dumps or had some severely limiting problems.

for instance, there was a 2 family in arlington we were interested in. it was 2800 s.f., i believe, looked good from the outside, but no one was allowed to see the inside b/c there were existing tenants. so i would guess they were probably hostile to the idea of being evicted. and the driveway was long but narrow, so cars would have to be shuffled around every morning. and arlington doesn’t allow overnight street parking. and the house sold for 480.

also, the auctioneers struck me as sleazy. no one could understand a damn thing he was saying b/c the sound system sucked, and he spoke very quickly as if it was a livestock auction. i thought it would have lent a classier air to the proceedings if he would have articulated clearly like a sotheby’s auctioneer.

and they had guys running around the room collecting bids, and they were trying to get you to bid higher than what the auctioneer was offering, which was easy to do b/c you couldn’t understand him. i was a bit glad i didn’t buy anything after i read that this is the same outfit responsible for those erik estrada infomercial ads where they sell unusable, swampy land in texas or somewhere.

What do you think?

Comments invited, capitalization encouraged.

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John Ford
John Ford

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs

In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.


For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.


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John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.

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