Glad to see that the old rule, "the winner in a bidding war is the one who didn't win" still applies, at least sometimes

The until-today owners of 11 Valleywood Road, Cos Cob, took title to it just this past January 11th after their“winning” bid of $2.7 on a $2.650 asking price was accepted. They put it back up for sle September 2th at $2.8 million, and have just sold it for $2.745, Knocking off, say, 7% for transaction fees, that would be about $2.553. Not bad, but such brief periods of ownership usually don’t produce good results; although there are some neighborhoods ….