Time-Share Auction Results in 147 Sales

Timeshare Auction II, sponsored by MDR Telecom of Marina del Rey with RE/MAX, resulted in the sale of 147 time-share weeks owned by individuals, not developers, for a total of about $450,000.

The highest price paid at the auction, held at the Crowne Plaza Hotel near Los Angeles International Airport, was $10,000. The lowest price was $600. The average was $3,083.