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Coffee Shop
Sale Barn Lingo?
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<blockquote data-quote="TexasBred" data-source="post: 1235812" data-attributes="member: 6897"><p>I would like to know what others think about what this Auctioneer did ?</p><p>If you was a seller I guess you might like it , but if I was the buyer and had the pair bought for 1850.00 and he did that there would be a real problem ,unless it is not an absolute auction or the owner PO the pair and had her resold as a split. In some states there is laws regulating stuff like this and the auctioneer bidding up ,don't know about this state? </p><p>I can see both sides of this but seems like things like this will run off the buyers and there again if they sell to cheap you run off the sellers . </p><p>In MY OPINION the auction should know what way to make them bring the most and she should have been split from the get go or if sold as a pair left that and what she brought is what she brought just part of selling at auction.</p><p>I go to LOTS of auctions and see them say " I'm gona weigh the cow to you then sell the calf and you can buy them both and put them back together if you want to " ( most often this is if the calf is big or maybe the cows udder does not look good ect...) but after they start the auction and get a bid its a done deal unless the owner stops them and wants it done different</p></blockquote><p>The barn I use to go to the most had a buy that "set in" cattle...the price he set them in at was a bid by the barn...there was no backing up. If noone else bit the barn caught and owned that animal. Makes them stay on top of the market and know what they're doing....a lot start high hoping for a sucker it seems then back up. Have seen some back up several hundred dollars...to me that's a sign of someone who has no idea what the market really is and is just fishing for a high bit... Also I hate barns that will sell a cow/pair or whatever and even after it's left the ring and on the scale, allow you to bring it back in, point out what you think might be a fault and sell it again. That is little more than legal thievery.</p><p>[/QUOTE]</p>
[QUOTE="TexasBred, post: 1235812, member: 6897"] I would like to know what others think about what this Auctioneer did ? If you was a seller I guess you might like it , but if I was the buyer and had the pair bought for 1850.00 and he did that there would be a real problem ,unless it is not an absolute auction or the owner PO the pair and had her resold as a split. In some states there is laws regulating stuff like this and the auctioneer bidding up ,don't know about this state? I can see both sides of this but seems like things like this will run off the buyers and there again if they sell to cheap you run off the sellers . In MY OPINION the auction should know what way to make them bring the most and she should have been split from the get go or if sold as a pair left that and what she brought is what she brought just part of selling at auction. I go to LOTS of auctions and see them say " I'm gona weigh the cow to you then sell the calf and you can buy them both and put them back together if you want to " ( most often this is if the calf is big or maybe the cows udder does not look good ect...) but after they start the auction and get a bid its a done deal unless the owner stops them and wants it done different[/quote] The barn I use to go to the most had a buy that "set in" cattle...the price he set them in at was a bid by the barn...there was no backing up. If noone else bit the barn caught and owned that animal. Makes them stay on top of the market and know what they're doing....a lot start high hoping for a sucker it seems then back up. Have seen some back up several hundred dollars...to me that's a sign of someone who has no idea what the market really is and is just fishing for a high bit... Also I hate barns that will sell a cow/pair or whatever and even after it's left the ring and on the scale, allow you to bring it back in, point out what you think might be a fault and sell it again. That is little more than legal thievery. [/QUOTE]
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