Posted by SouthernFarmall on June 06, 2011 at 13:22:55 from (76.4.24.140):
In Reply to: O/T Auction Rant posted by fergienewbee on June 06, 2011 at 07:20:07:
I've got to stick up for the auctioneers here. They are supposed to make as much money as possible for their clients. It is good to keep as many buyers at the sale as possible. Think of it this way:
You go to an estate sale that has mainly, glassware, lamps, silverware, and furniture. It also includes a beat up tractor, implements, and a power tool or two. You go to see the guy stuff. The auctioneer advertises the auction for 9 AM, which is when you arrive. The auctioneer, knowing that the lady stuff will bring the most money, begins on that and continues selling those items for 4 hours. After an two or three hours of couches, china, and clothes, all the men (including you) will probably have left.
This works the other way around as well. That is why good auctioneers devise a plan that includes the order of the sale. They start with popular high-dollar items, move into boring items while the crowd is energized, transition again into something interesting in the middle to revitalize the crowd, head back into boring items, and end the sale with a few very popular items in order to keep the crowd hanging around to the end. The order is usually published, or at least mentioned at some point. I think that auctioneers generally do the best that they can.
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