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My first auction
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<blockquote data-quote="JRM" data-source="post: 471267" data-attributes="member: 3282"><p>If you buy at a sale barn, watch how the bidding is going for a while. Then when you see something that you want have a price amount that you are willing to bid. Be agressive and do not hestiate to bid, and then when your price is over what you are willing to pay for it, shake your head no and then do not look at auctioner, till next animal is in ring.</p><p>One time I was at an farm auction and I was bidding for my brother in law who could not make it, he had told me how high to go, I was bidding like I would go to the moon with it, when he got to the limit, I shook my head no, turned around and walked away. They guy that was bidding against me was a freind of the auctioner and he said out loud, what the h*** am I am going to do with that. I, along with several people were laughing. Next time I bidded on something at the auction, hardly any one bidded against me and I got a good deal. If they have no idea where you will stop, then you will not get people bidding just to get price up.</p><p>I alike many here have said have had some good luck at auction barns and been burned a few times as well, but all in all I have come out ahead. I have actually made some money buying cattle one week, then re selling them at another auction barn a few weeks later, but timing and knowing what they will be giving at the other auction barn is the key to it.</p><p>Best of luck</p></blockquote><p></p>
[QUOTE="JRM, post: 471267, member: 3282"] If you buy at a sale barn, watch how the bidding is going for a while. Then when you see something that you want have a price amount that you are willing to bid. Be agressive and do not hestiate to bid, and then when your price is over what you are willing to pay for it, shake your head no and then do not look at auctioner, till next animal is in ring. One time I was at an farm auction and I was bidding for my brother in law who could not make it, he had told me how high to go, I was bidding like I would go to the moon with it, when he got to the limit, I shook my head no, turned around and walked away. They guy that was bidding against me was a freind of the auctioner and he said out loud, what the h*** am I am going to do with that. I, along with several people were laughing. Next time I bidded on something at the auction, hardly any one bidded against me and I got a good deal. If they have no idea where you will stop, then you will not get people bidding just to get price up. I alike many here have said have had some good luck at auction barns and been burned a few times as well, but all in all I have come out ahead. I have actually made some money buying cattle one week, then re selling them at another auction barn a few weeks later, but timing and knowing what they will be giving at the other auction barn is the key to it. Best of luck [/QUOTE]
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