Buyer's deal denies Otis a trip to the movies

Prior to Rachel & Tyson’s house going to auction, they sat in the green room and told host Mark Richardson that as long as they came away with $50, their son Otis would be happy as he knew that was about the cost of a trip for them to go to the movies together.

As the auctioneer started the bidding, the reserve price of $798,000 flashed on the screen.  While all of the bidders in the room at the Rendezvous Grand Hotel were locked inside and unaware of what the reserve prices were, one solitary bidder was on the phone to a client who had access to a TV.  When the bidding reached $795,000 it was still shy of reserve.  With the advantage of knowing the reserve, the bid was made for not $1,000 more, or $2,000 but $3,000.  That bid secured the house for the buyer.

While the buyer walked away happy, they knew, thanks to the advantage of having the TV on, that all it would take to make a child happy was $50 and yet they didn’t make the bid $798,050.  That would have made all the difference in the world to one child and would hardly have broken the bank.

All a bit stingy of the new owner of 74 Anzac Ave if you ask me…

** update **

The good folk at The Flight Centre are sending Rachel, Tyson and Otis to the Gold Coast for 5 nights.

About the author

Regan is one of the co-founders of Throng Media.
He's currently watching Survivor, Homeland, House, Glee and can't wait for the return of Game of Thrones.
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  • Jacqs

    Glad we are not the only ones that noticed. Even the gentleman standing behind the couple looked shocked – it seems he thought they said no and was surprised the bidder raised his hand.