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Tractor Talk Discussion Board |
Reserve price farm auctions
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Posted by Ray on June 17, 2005 at 12:24:52 from (207.69.138.9):
I always like going to farm auctions because you could always see stuff sell to the highest bidder
without a lot of games.Here lately I'm seeing farm auctions in ohio with reserve prices mostly
on tractors.I've been to 3 farm sales in the last
month where the tractors didn't sell.I wish they would tell you in advance of the sale,but I guess
they think you wouldn't show up if it was just a tag/yardsale type farm auction.I was at an estate
sale today that had two tractors that didn't sell.I bid a tractor up to $4300,some other guy
bid $4400 and I quit.The auctioneer announced the reserve was not met,then a minute later said I bought the tractor for $4300.I told him I wasn't the high bidder,he said "The other bidder
was the house bidder." I told him I was the only bidder then from $3500,I would take it for that.
The next tractor didn't make it's reserve either.They just waste your time.
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