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Cattle Boards
Beginners Board
Auctions: Agree or Disagree?
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<blockquote data-quote="nenmrancher" data-source="post: 127534" data-attributes="member: 2453"><p>I have some good friends who own and run a auction company and I have worked for them longer than I care to remember and one thing I have found is that reputation is everything in the auction business. A bad rep gets around faster than anything and once you get one its hard to lose it. We primarily sell equipment and such and very little in the animal department, and as somebody else posted being a informed buyer or seller is the only way to do business at a sell. I have seen people buy used tires for more than new ones cost and I have seen things that should bring good money fall flat. A good auctioneer can read the crowd and knows when to use humor and how to keep the crowd interested in the sell regardless of what they are selling. Anyway just my few cents worth.</p></blockquote><p></p>
[QUOTE="nenmrancher, post: 127534, member: 2453"] I have some good friends who own and run a auction company and I have worked for them longer than I care to remember and one thing I have found is that reputation is everything in the auction business. A bad rep gets around faster than anything and once you get one its hard to lose it. We primarily sell equipment and such and very little in the animal department, and as somebody else posted being a informed buyer or seller is the only way to do business at a sell. I have seen people buy used tires for more than new ones cost and I have seen things that should bring good money fall flat. A good auctioneer can read the crowd and knows when to use humor and how to keep the crowd interested in the sell regardless of what they are selling. Anyway just my few cents worth. [/QUOTE]
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