Excerpts from the Boston Globe piece headlined No bidders for Beacon Hill home:
The bidding for a 5,700-square-foot single-family home on Brimmer Street in Beacon Hill opened at $4.975 million, went once, went twice, and – with no bids entered – went back to private sale about a minute after the auction began.
“It’s now 7:33 p.m., and the auction is now officially concluded,’’ auctioneer Bruce Sayre told the crowd of about three dozen gathered last night on the home’s kitchen level.
Jeremy Freid, managing principal with Great Rock Auctions, which staged the event, said his firm will now work to cut a deal with potential buyers who showed up at the auction.
“We’ll talk to them about a number they’re comfortable with,’’ Freid said.
He added that last night “the buyers said, ‘This isn’t the price we’re willing to pay right now. It may have been the price six months ago, it might be the price six months from now. But it’s not the price right now.’ ’’