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Went to an auction in Tulsa turns out it was all a scam both the buyer and seller were Williams actually owner.The bidders many of whom had spent considerable time money and taken off work were just there to set a price and the rest was a back room deal.

Stay away ethics are everything in auctions if you can't trust the auctioneer trust me you are just being ripped off or used in some manner.

I would never attend another auction of theirs but the people who are selling the property are the ones who are really losing many buyers are not going to return and without buyers you can't get a good price.Think before you get involved with this outfit.

Monetary Loss: $1200.

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Anonymous
#229358

Very odd auction no revelation winning bid was Internet bidder!A bidder noted that they had been to alot of real estate auctions this was the first not to require proof of funds.

I suspect that was because the outcome was predetermined. The problem is that people lose their deposits and earnest money with this group.

I think they are making money on the difference between cash auction price and open market price they buy the property then flip it and people losing deposits.Stay away particularly if you are a seller a buyer has to be careful settle immediately with cash or risk losing your deposit.

Anonymous
#229234

I heard that the recently auctioned property in midtown Tulsa was owned by the ex of the owner of Williams & Williams and the winning bidder was the owner. Auctioneer was father of owner. Was that disclosed to the buying public?

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