Selling through live auction

Aggressive Bidding at Sydney Auction : https://www.youtube.com/watch?v=Nj_I86eYueo

Wonder why not more realtors/sellers do this in Bay Area? Rather than blind offer/counter offer processes, make it live and let the market value be decided in front of everybody.

God, I don’t think I have that much Paypal credit to buy even an inlaw unit…