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Re: Bidding at Auctions


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Posted by bison on March 29, 2015 at 18:09:40 from (69.168.144.138):

In Reply to: Bidding at Auctions posted by Banditfarmer on March 29, 2015 at 17:09:25:

I hardly ever go to an auction and i seldom buy anything there either.

I hate wasting my time and to wait for hours for something i'm interested in to finally come up to get sold only to see it go twice for what i was willing to pay, yet lots of other items i was not interested in went dirt cheap

Funny thing is,.. the winning buyer is thought to be the biggest fool of all cause no one else thought it was worth that much.Lol

On the other hand what would be really scary is if i had to hold a farm auction not knowing upfront what my stuff would sell for and no say when is just about given away.

I been stung bad once before when i sold my 125 head black angus/limousin cross cow/calf herd with 300+/- lb calves at foot in late April 18 years ago on a cattle auction. i was given quote by the auction representative that had come to my yard to give me an estimate of $1200-1300 a pair. By the time i hit the auction(500 km trip) 1/2 hour after it started my cows where already sold!(they must've been the first ones trough the ring)...they had brought only $700 a pair!.. and i still owed the truckers for transport.

After that episode i lost all trust in an auctioneer.


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