Interesting article on the first Internet condo auction in this area. They're selling their Madison Valley condos, the Madison Lofts, via a private online auction. You'll still need to do the standard condo informational sales meeting, but when you leave, you'll leave with a disc full of virtual imagery of the Madison Lofts, and a password for the online auction. Bidding will happen over a period of four days, and at the end of this time, the person with the highest bid on a condo will pay the second highest bid, plus $1,000.

Interesting concept--wonder if homes will end up overall selling above or below projected value as a result.