I just bid for and won my third Williams and Williams house auction. The latest one was last month for 3159 Sarah Ann in Lafayette IN. The sellers rejected my winning bid all three times. The first two homes were owned by Fannie Mae and the third was owned by a relocation company.
Williams & Williams used to brag about how 90-95% of their sellers accepted the high bids even though they have the right to refuse it. I see that they have removed this from their sales literature. Good thing because in my experience it is a joke.
Williams and Williams are a bunch of clowns whose sellers will reject the high bid. I will not be wasting my time in the future bidding at any Williams & Williams auctions.
Any other investors have any luck in getting their winning bids accepted at a Williams & Williams auction?