Posted by c-man on July 15, 2012 at 14:32:56 from (68.69.80.39):
In Reply to: Bad Auctioneers!!! posted by JDseller on July 15, 2012 at 12:32:16:
We have an auctioneer in our area that will accept pre-bids. By that I mean if you can't make it to the auction, and you want to go to $2500 on a old pickup, that is where he will start the bidding. Is this a common practice, or do they usually start it low enough until someone else bids and then possibly work it's way up to the pre-determined price. They did this on a cattle brand at a farm sale several years ago. The guy had said to go to $5000 on the brand. Auctioneer started it at $5000 and no one else bid, so it was sold at $5000. If he would have been at the sale, probably could have gotten the brand for a couple hundred dollars, since it wasn't even a very good brand.
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