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Farm Auctions and how they are run?
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Posted by B. Abseck on January 29, 2007 at 16:23:35 from (71.212.164.146):
I have never been to a farm auction so I have a few questions.
(1) If a person bids on a piece of farm equipment and is the high bidder, do you have to carry the amount of cash with you or what arrangements do you have to make in advance for acceptable payment later?
(2)Do you have to register with the auction company before the auction or can you just show up and bid?
(3)Are there any telltale signs of something fishy going on in the bidding? I had the opportunity to go to a auction this past week and tried to get in touch with the auctioneers to ask these questions but all I kept getting was their answering machine. VERY FRUSTRATING!!! Any information is appreciated.
B. Abseck
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