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Online Auction: What do you think?
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<blockquote data-quote="Lucky_P" data-source="post: 1339371" data-attributes="member: 12607"><p>So-called 'horse-race'(or is it racehorse?) finish. Can be good, but we had bad experience with one earlier this spring - was the high bidder on a bull - and kept having to 'refresh'...every time someone else bid on anything... for about two and a half hours... then, half of the bulls in the sale just 'disappeared' off the site... sale report was posted, showing us as the high bidder on that bull. Checked back in several hours later... we were no longer listed as the buyer... but the new buyer's purchase price was still lower than our proxy bid. 'Sorry for your trouble' was about all we could get out of the seedstock producer or the sale manager; they claimed the auction went on for another 2-3 hours... but couldn't explain why half the bulls disappeared off the screen and were listed on the online sale report. Probably won't consider them for a walking bull again. </p><p></p><p>Visited with a classmate last weekend who's in the purebred Shorthorn business, and was discussing this very sale format; he doesn't like it either. They were in one a year or so back, bidding on a heifer they wanted. Accidentally placed a $10K bid on a bull that they did not want. Yikes!!! Scrambling, scrambling, trying to get hold of someone, anyone, to retract that bid... somebody 'outbid' them on the bull... whew! But they did get a text message, shortly, from the breeder or sale manager... "Thanks for that 'courtesy' bid!"</p></blockquote><p></p>
[QUOTE="Lucky_P, post: 1339371, member: 12607"] So-called 'horse-race'(or is it racehorse?) finish. Can be good, but we had bad experience with one earlier this spring - was the high bidder on a bull - and kept having to 'refresh'...every time someone else bid on anything... for about two and a half hours... then, half of the bulls in the sale just 'disappeared' off the site... sale report was posted, showing us as the high bidder on that bull. Checked back in several hours later... we were no longer listed as the buyer... but the new buyer's purchase price was still lower than our proxy bid. 'Sorry for your trouble' was about all we could get out of the seedstock producer or the sale manager; they claimed the auction went on for another 2-3 hours... but couldn't explain why half the bulls disappeared off the screen and were listed on the online sale report. Probably won't consider them for a walking bull again. Visited with a classmate last weekend who's in the purebred Shorthorn business, and was discussing this very sale format; he doesn't like it either. They were in one a year or so back, bidding on a heifer they wanted. Accidentally placed a $10K bid on a bull that they did not want. Yikes!!! Scrambling, scrambling, trying to get hold of someone, anyone, to retract that bid... somebody 'outbid' them on the bull... whew! But they did get a text message, shortly, from the breeder or sale manager... "Thanks for that 'courtesy' bid!" [/QUOTE]
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