Posted by NYOlivers on March 06, 2018 at 15:01:06 from (98.3.50.125):
So I am considering possibly going to a farm equipment auction this Saturday, about an hour away from me. The auction is at a used equipment dealer. I figure its kind of like a inventory reduction deal. I honestly have only been to 2 live auctions before, one was non tractor/farm related and the other was. I was not in the market for anything at either time. So my question to all of you fellow YT'ers and auction grurus is what are some pointers good or bad that I should follow or take into consideration?? I think I understand the basics of what has to happen, I would have to get there early enough to register to bid with the auctioneer and then look over the items I am thinking about bidding on, and then I guess wait till they start and get around to something I am intrested in. At that point I guess I pay attention to the auctioneer and If I want to place a bid make sure they notice my bid. I have bought tractors and some other equipment from online actions in the past. That seems easy to me just set my highest price I am willing to pay and then watch from there, and adjust if nessecary. Fortunely I have had a chance to preview most of what I was bidding on online.
I called and talked to the auctioneer today, I asked how early I could get there to check over the items and if there are more lots then just whats in the pictures. Also if they will load bought items and when does it have to be remove by. Is there more questions I should have asked?
Any commets, advice or anything else would be greatly appricated. Thanks in advance.....
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