Property auction had a lot of silence
The crowd filed in to the large white tent behind the Bahia Mar resort for Friday’s real estate auction organized by Sotheby’s and Daniel DeCaro Auctions as a four-piece jazz band played a peppy rendition of “I Feel Good.”
But as auctioneer Daniel DeCaro stood and watched from the back of the room, he shared a thought that would prove prophetic.
“It’s going to be a challenging day,” DeCaro said.
Only a handful of the properties would be selling absolute, where any bid would be accepted. The rest carried a non-disclosed reserve, or minimum bid.