Thing of it is the auctioneer is the sellers agent. Doesn't matter if it's a regular auction or a consignment auction the auctioneer is representing the SELLER, not the buyer. Now there is self interest on the part of the auctioneer because he gets paid a commission. So it's in the auctioneer and sellers best interest to get the top dollar for each item. So it becomes the buyers who have to protect themselves by A. knowing what they are buying B. knowing the value C. not exceeding the value or the top dollar amount that they are willing to bid.
So if you don't like the system that you are not going to change don't go! Seems pretty simple to me.
My auction rules are 1. predetermine what I'm willing to pay for an item. 2. never exceed that limit. Most often things I'm interested in sell for more than I'm willing to pay but I enjoy them anyway.
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Today's Featured Article - My Ford Golden Jubilee - by Troy Estes. This article is about my '53 Ford Jubilee and a story that starts with taking the tractor to my brother's Starter/Alternator Rebuilding shop for a wiring fix. The generator was shot as well as all the wiring. I dropped off the tractor expecting a transformation from a 6 volt to a 12 volt system utilizing the original generator housing, and a total rewiring of the whole tractor. The front end center pin bushing was worn also so I ask that they replace it if they had time. Well, that’s wha
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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