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<blockquote data-quote="Stocker Steve" data-source="post: 1669686" data-attributes="member: 1715"><p>Most farm auctions here have both types of bidders. Seems like it works in the sellers favor and there are no "great deals."</p><p>- Most of the pre sale internet bids seem to be a waste of time - - often a couple dollars on small items, and 50 to 70% of value on large equipment. What is the thinking here? Messing with the auctioneers rhythm, or just killing time?</p><p>- During the live auction - - I have seen the auctioneer running a live bidder using an phantom internet bidder, and then doing a private party deal later if they get stuck with the item. Is there any protection from this?</p></blockquote><p></p>
[QUOTE="Stocker Steve, post: 1669686, member: 1715"] Most farm auctions here have both types of bidders. Seems like it works in the sellers favor and there are no "great deals." - Most of the pre sale internet bids seem to be a waste of time - - often a couple dollars on small items, and 50 to 70% of value on large equipment. What is the thinking here? Messing with the auctioneers rhythm, or just killing time? - During the live auction - - I have seen the auctioneer running a live bidder using an phantom internet bidder, and then doing a private party deal later if they get stuck with the item. Is there any protection from this? [/QUOTE]
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