An interesting event happened yesterday to one of my listings. The REO property I have at 1202 Saint Andrews Dr here in Edmond has gone to auction. Prudential has had the property less than the normal Days On Market here in Edmond. I was a little surprised that the lender decided to go that route. Now in order to bid, a potential buyer has to be registered at www.Auction.com. The bidding period opens September 21st and ends September 25th. There will be no open houses by Auction employees. In order for a potential buyer/investor to view the property, they will have to contact a Realtor. From there the Realtor will have to register their buyer in order to collect a commission from the auction house. I am interested to see how this all plays out. Good luck bidders!