With bidding tickets in hand, dozens of people gathered near Bud Boozer’s home in Mauldin last week, prepared to claim the 1970s-era ranch-style house.
Auctioneer R Dwayne Johnson with Townville Station looked over the crowd as he discussed the rules. The house would be sold as is. A 10 percent buyer’s premium would be added to the winning bid to reach the full contract price. A check should be written for the full price once the seller had accepted the bid.
“The last person with their hand, if we’re not at the reserve, has the negotiation power. They’re the ones that we’re going to talk to. When you submit offers, you don’t get this ability,” Johnson said.