Posted by wisbaker on July 15, 2012 at 14:56:52 from (184.157.215.49):
In Reply to: Bad Auctioneers!!! posted by JDseller on July 15, 2012 at 12:32:16:
Like I said our local company was pretty straight forward, before she'd take a bid she's announce that she had an absentee or internet bid on an item, if possible she'd get a starting bid from the crowd and bid her absentee or online bid against the crowd. As mentioned in the earlier post some of the county supervisors were put off because even though she was born in our county, raised and attended school in our city (heck she went through high school in the same class as one of our judges) moving across the river upset some of the county supervisors. She worked to insure she had bidders at the sale and made some real effort to get us a fair price. We'd pay 10% commission on motor vehicles and she figured out the 3 or 4 minutes it took to get another $1000 for the car was $100 in her pocket, $100 for 5 minutes work is good money. She also knew if she couldn't get us wholesale plus her commission for vehicles we'd dispose of them by sealed bids. There were other auctioneers willing to do the sale for the same money so unless she could do better she'd loose the auction we grew our annual auction from $60,000 to over $100,000 in 4 years and went from 12 hours to 6.
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