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Re: Has online bidding ruined farm auctions?


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Posted by redforlife on April 16, 2022 at 13:21:47 from (174.210.171.116):

In Reply to: Has online bidding ruined farm auctions? posted by Crookedcreekjerseys on April 16, 2022 at 12:07:46:

As the number of farmers dwindles to fewer numbers, so do the number of farm auctions. No where near the number of farm auctions in my area. Back in the 80s, there was so many farm auctions within driving distance, sometimes you'd have to pick which one you wanted to go to, because there might be 2 on the same Saturday.

Now days, there might only be a hand full of those kind of such auctions, all year long, within the same area.

That said, a straight up farm sale open to online bidding, hasn't really taken hold in my area. Other types of sales it has (consignment sales, bull sales, livestock auctions, and so on). But farm sales, where they walk around the farm yard selling stuff, they don't. Live bidding only. And you still better be willing to walk around keeping up with the auction ring if your wanting to bid. But even selling like so, the auctioneer is likely to bid something in, if a buyer put in a bid before hand.

I don't think online bidding affects bargain deals as much as you'd think. Online bidders are not likely to bid on cheap low end stuff. Something that will end up selling cheap, and becoming a bargain. Also, to many live bidders there to watch so nothing gets stolen (of value and sold to cheap). Bargains are usually stuff that is likely not going to sell good anyways, no body wants, and nobody shows up to buy it. That sort of thing. Not really what an online bidder is interested in.

If an online bidder is interested in it, than someone in the live audience is gonna be interested in it to.


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