How to auction real estate in the first stage of real estate auction

In order, the first quitter takes the property with the lowest current price, the second quitter takes the property with the lowest current price, and so on. You don't even need to bid ... in fact, it's not advisable to do so. If more and more people in front don't bid, they will only take advantage of the players behind, because they can buy higher-value real estate with less money.