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Re: auction strategys, whats your secrets?


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Posted by stealth buyer on January 29, 2009 at 07:05:43 from (24.231.170.226):

In Reply to: auction strategys, whats your secrets? posted by glennster on January 29, 2009 at 05:58:17:

1)Get there early,

2) Dont block traffic by parking your already garage-sale overloaded Buick in an obviously key traffic area,

3) Dont linger over what you want, know what you are bidding on,and keep track of what order stuff will be offered up for bids
and most important,

4) set a ironclad limit on your spending and keep track of your purchases!
I"ve been to quite a few large, sprawling farm auctions and it seems that toward the end of the sale the auctioneer always has to stop the fun to relay a couple of messages that some bidder went to retrieve his far flung goodies and reports that someone else has "mistakenly" made off with his bushel basket of used canning jar gaskets and his busted crate of broken pipe wrenches.
Sadly, not just buyers show up at auctions.
And one more thing- NEVER HESITATE DURING BIDDING! if I want something, I bid until I get it , or it surpasses my internal limit. When I"m duelling it out with another guy and he slows down and appears to be hesitating, I know he"s tipped his hand and is about to bail out.
On the other hand, I"ve also faked it (yes, its not just for women anymore!) and appeared to drop out when you have more than two other rubes bidding on something you want. Let them duke it out until there is just one guy left, then just before the hammer falls, jump back in and bid strong! The almost winner will get so mad/dicouraged that many times he will just curse you and walk away- success!
Oh, and if there are alot of cheap chairs being sold, buy one and get comfortable in the shade with your own little lunchbox cooler-where the auctioneer or his bid spotters can see you- and enjoy the show!


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