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Joined: May 2016
Posts: 60,300
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,300 |
I grew up going to farm auctions, mostly equipment and livestock. If a seller was caught bidding on his own equipment or livestock, he was ejected from the sale, along with whatever he had brought to sell. There was no such thing as 'buying back' your own stuff. If it didn't bring the price you wanted, you "PO'ed" it and took it back home. Damn right. You want to see the prices at an auction plummet? Make it known that the owner is bidding you up.
I am MAGA.
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Joined: Jan 2012
Posts: 66,948
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2012
Posts: 66,948 |
WTF do sockpuppets have to do with shill bidding ? Place on item on an online auction, creat a few sock puppets, let unsuspecting schmucks (like yourself) start bidding, run your emotional dumb ass up and hopefully you get unassed of your max figure. If they ‘get hung’ they have lost nothing, they pay no fees, they get banned(woo that’ll teach em) no loss after all it was a sock puppet. And mostly created by the seller under a different email. You have to be a real moron to be so naive as to not know how easy it is. So, that’s WTF sock puppets have do with it.
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Joined: Oct 2007
Posts: 14,236
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2007
Posts: 14,236 |
There are several Auctions up here that use shills to bid up items.If I catch one doing it I start yelling rigged auction and point the shills out.Nothing pisses people off more then a rigged auction.Most folks will leave when they hear those magic words.
Its all right to be white!! Stupidity left unattended will run rampant Don't argue with stupid people, They will drag you down to their level and then win by experience
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Joined: Jan 2012
Posts: 66,948
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2012
Posts: 66,948 |
Farm auctions... who really is “the proxy bidder on the phone” ?
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Joined: Aug 2003
Posts: 13,941
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2003
Posts: 13,941 |
I've personally witnessed an auctioneer apparently in cahoots with a bidder allow the bidder to pull off some real shady stuff once. Box full of assorted quality American Indian artifacts that had been laid out open for inspection on table before auction started mysteriously disappeared as auction started.
Eventually found it again hidden down inside of another box of wore out household junk with household junk piled on top of artifacts. Told auctioneer assistant about it but was basically ignored. Shortly after I watched a man pull the same assistant aside and quietly talk with him for a minute or two then the assistant did the same with auctioneer.
As that box came up for auction bidding started real low as one would expect and as usually done for boxes of common assorted miscellaneous odds and ends. Bidding stayed low but that same man that had talked with the auction assistant earlier kept ahead by raising the minimum bid each time. After what few that were bidding on that box quit bidding I jumped in and bid it up so high that he was obviously very pissed-off at me.
I let him win the bidding but he paid a whole lot more for it than what he planed on and also aroused the curiosity of others there as to why he would pay so much for what was basically a box of odds and end junk that normally would have only brought a couple of dollars at most.
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Joined: Dec 2002
Posts: 25,854
Campfire Ranger
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OP
Campfire Ranger
Joined: Dec 2002
Posts: 25,854 |
It's not much different from an auction with a hidden reserve. It just means that the seller is ashamed of his asking price and hopes to get you there without revealing it. I've had similar experiences in person where the seller won't name a price. They just want you to make an offer. They are hoping you don't know what something is worth and will make a stupid high offer. It is best to just walk away from those situations because you are just going to get bent over.
Jerry
More like the Seller and Shill(s) are trying to drive the price up by getting a person worked up over an auction. They are counting on the buyer trying to not lose the auction . If that works, the buyer must be a retard.
People who choose to brew up their own storms bitch loudest about the rain.
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Joined: Dec 2008
Posts: 5,195
Campfire Tracker
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Campfire Tracker
Joined: Dec 2008
Posts: 5,195 |
A lot of Auctioneers were law students who dropped out of law school. GW
If an injury has to be done to a man it should be so severe that his vengeance need not be feared. MACHIAVELLI
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Joined: Sep 2014
Posts: 21,768
Campfire Ranger
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Campfire Ranger
Joined: Sep 2014
Posts: 21,768 |
There are more ways to screw over an auction than you can shake a stick at.
Auctioneers screw sellers and buyer, sometimes both.
I have seen many auctioneers buying while they auction, And it's very bad practice. I would really not want to do it in their shoes.
At one time, the seller hired and paid for the auctioneer, today they add buyers fees also. That makes the auctioneer an employed aren't of both parties.
Conflict of interest?
If the auctioneer is buying, can you be sure he going to recognize all bidders running up the price on "his" item? Or might he be inclined to not acknowledge some?
If both parties are paying him, is it ethical to artificially affect the price in anyway?
People like to get in the front of the crowd at auctions, they can see better and are in the action.
I like the back. It's interesting to see if all bids are being acknowledged, And if all bids taken actually happen. Auctioneers love the mystique Of these real subtle bids people think are so cool. It makes their unethical game so much easier. If they don't want to see a bid, they have an excuse. If they are creating bids, people assume they just missed seeing a subtle gesture.
Bet I have been accused of shilling at some auctions. No patience for idiots or wasting my time, I often open bidding Or jump in and push prices when people are gaming.
When a $700 gun isn't getting bids at $300 and they are dropping, I jump in. Do these idiots really think that everyone is going to let It drop to $50 and they will get it there? [bleep] no! Why waste time. Never have I done that and ended up with the item for opening price. It usually launches like a rocket.
Parents who say they have good kids..Usually don't!
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