The whole in room auction from ray white is a scam.   What they are able to do is use a system to put pressure on the vendor to sell.
They use what they call an O level  which they will not offer a offer to a vendor before the auction.    they will use dummy offers to force the seller down.   then whilst in the in-room   they move around the room not really going any where.   Just to make it look like motion in the room.   this allows the bosses to put pressure on the purchaser and the seller.    they fudge there figures on clearance and will sometimes re run the same property.   there first four or five will sell    then the last ones are more likely to be passed. in

It has been bought down from Queensland because there market has slumped and to insure the ray white business still gets there money.
Most of the property's they sell make less then what they originally tell there sellers.