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Auction time gripe
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Robert W Greif
Posted 5/21/2015 06:53 (#4583160 - in reply to #4582945)
Subject: RE: Auction Time Views



Dallas Center IA 515-720-2463
It appears to me the OP has a slow internet connection.

I have spent a lot of Wednesdays watching Auction Time.
And have bid on more than one item.

On my first try, I had already bid twice past my ‘In my mine’ limit. Just like a real auction, the at there kind.
The time ran out on me, probably was confused.

I do not believe that someone could bid in the last few seconds, and some time not added to the countdown clock.
Why would a auction company do something that would mean someone could not bid higher?

Something for first time bidders to do - After the auction opens the day or evening before, place a bid. Just to make sure you understand how to do it.

From watching AuctionTime I feel it is a good source of used stuff. If this lower grain prices caused depressed machinery market goes away - There may not be so much stuff for sale.

For a dealer it looks like a good way to get rid of items that have been on the lot too long.
Betting the commission is about the same as a real auction. But no need to have a large number of items for sale. Getting all the auction stuff lined up. Parking, etc.
As for bidders. I would say AuctionTime would have fewer bidders from less than 100 miles away, but a lot more from greater distances.

If I was younger and still farming I would be looking at AuctionTime to be buying stuff - Not as Wednesday entertainment.

In by eyes E-Bay was designed by people who do not know anything about a real auction. And is used by people who do not know what a auction is.

The E-Bay way - ‘At so & so time I am going to declare the sale over, so bid just a few seconds before. And hope you have the high bid’
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