Ed Kaminsky: Absolute AuctionAn amazing custom-built waterfront home with its own boat dock sits unsold in a declining market in Huntington Beach, California. Premier Estates Auction owner Ed Kaminsky has been brought in to run an absolute auction: There's no minimum bid, and the house will be sold at the end of the day.
Ed's team sets to work on getting the word out to every possible buyer they can find. The tension builds as the bidders arrive and the auction begins. The home has an estimated value of around 4 million dollars. Once the bidding starts on this one-of-a-kind home, does it gain the necessary momentum to drive up the price? Or does the winner get a deal of a lifetime?
