There is no evidence of the story actually taking place, and it is unclear as to which auction is being referred to in the story.
The same article has been referenced by different websites in their versions with additional information. Even different housing and holiday sites have shared the story connecting it to family and houses. The story is posted under the 'inspirational' sections of most websites. Every site has cited the moral at the end of the story.
There is no news coverage available for the story, and details like addresses or surnames are missing. The time frame of the incident is imprecise. Some have claimed the story to be from 2011. Lack of evidence and the vague details of the story warrants suspicion on whether the event indeed occurred.