It is exciting and a little nerve wracking. Sitting in the front room of the house while the auction takes place in the driveway, so you can hear the auction and see the people. Then you sit while the auctioneer gives the warm up spiel. Then it is the, what seems like, loooooong time before the first bid is made, then the worry if it is going to be the only bid. Still in about 15 minutes it is all over and either the house is sold or not.
It is an unusual way (in world terms) to sell a house, but it is the norm here, so we went with it.