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If you enjoy the thrill of the real estate auction but just can’t get motivated to get off the couch (and who among us can’t sympathize?), you’re in luck.

This weekend, you can bid on a total of five different residential properties by going to Bid on the City and registering for its online auction this Sunday.

What’s the idea behind this auction? Let’s let Bill Staniford, the CEO of Property Shark, which developed the technology for the online auction, explain:

To get into the mood, Bid on the City put on a faux auction this week at its offices (see below). On the block was a 900-square-foot one-bedroom on lower Fifth Avenue (which will be in the actual auction on Sunday starting at 11 am). People present for the auction played along (though they didn’t use real money).

These auctions are are going to be a regular thing with Bid on the City. Next month they’re putting four residential properties and one commercial one on the auction block. Bidders can register online, or show up to Bid on the City’s offices and make their bids in person. (There’s a live video stream of the auctions for the online bidders.)

And if the real auctions work out as well as the fake ones, Bid on the City will likely have a lot of happy customers. The one-bedroom that they fake sold this week went for $2.325 million. It’s actual starting price on Sunday is $1.13 million. (Of course, property is a lot easier to sell when you’re bidding with fake money.)

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