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How does a bidder at a live auction indicate to an auctioneer that the bidder will not bid higher?
Lifesnadir
Usually the auctioneer points at you or says something that stands out about you and gives you a higher price, and usually the bidder shakes his head or shakes his finger to indicate that he won't be going higher
Wiki User
∙ 9y ago
Wiki User
∙ 9y agoAt a live auction a bidder will usually raise a paddle to indicate to the auctioneer that they would like to raise the bid. Sometimes the bid itself is called out as well.
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Can auctioneer refuse to accept highest bid?
Yes. The rule is that the bidder is making an offer to buy and the auctioneer accepts this in whatever manner is customary, usually the fall of the hammer. A bidder may withdraw his or her bid at any time before the fall of the hammer, but any bid in any event lapses as an offer on the making of a higher bid, so that if a higher bid is made, then withdrawn before the fall of the hammer, the auctioneer cannot then purport to accept the previous highest bid. If an auction is without reserve then whilst there is no contract of sale between the owner of the goods and the highest bidder (because the placing of goods in the auction is an invitation to treat) there is a collateral contract between the auctioneer and the highest bidder that the auction will be held without reserve (i.e., that the highest bid, however low, will be accepted).
Can the auctioneer bid at an auction?
In some cases, an auctioneer may be allowed to bid at an auction, but this must be clearly disclosed to all participants before the auction begins. The auctioneer's bids are typically referred to as "house bids" and are used to stimulate competition among bidders. It is important for the auctioneer to follow all regulations and guidelines to ensure transparency and fairness during the auction process.
What kind of prices represent the average car auction prices?
According to the auto auctioneer, car shoppers should avoid auto auctions as the average car auction price is much higher than it should be as auctioneers represent the sellers and are paid to sell.
Can seller on eBay negotiate a higher price if bidder did not meet reserve?
Not sure what you mean the reserve is higher, bidder did not meet it and it is your minimum so there is nothing to negotiate.
What happens if there is only one bidder at an auction?
Even if the auction would have been won by the one bidder, the property would not have truly been the winner! (Because they are still short of the reserve price.) Many auction terms state that the vendor may place one bid on their own behalf, which must be disclosed. It is an additional reserve charge. So the vendor might make a single higher bid. If you are looking for any Tender Submission website. Then I would highly recommend the Tender Impulse Website. I hope this answer will be beneficial for you. THANK YOU!
What is an auctioner?
An auction is where a group of people are bidding on an item. As one person names a price, the next names one higher. Eventually they will reach a price that only one person is willing to pay. That person is then the winner of the item.
How is the price of items traded on eBay determined?
The initial starting price is set by the seller, but the eventual selling price is ultimately decided by the bidder (or bidders). When a seller lists their item, they decide the price at which they would like to start their auction. This is called the "start price" and it is, in effect, the lowest price that the seller is willing to sell their item for if it should receive just a single bid. It is also possible for the seller to set a reserve for higher value items (e.g., the lowest possible reserve that can be set in the UK is £50) . If only one bidder places a bid on the auction, the item will sell to the bidder for the "start price". If more than one bidder bids on the item, the final price of the item being traded will depend how determined each of the bidders are to outbid each other.
How to purchase items at a farm auction?
Going to farm auctions can be quite entertaining as well as quite profitable. It’s where everything on the farm, including the farm itself is sold off. Instructions Here is a basic outline of how to purchase items: 1.%09Go to the bank and get out some cash. Get a letter of pre-approved credit if you plan on purchasing any equipment, or a large number of livestock, or other expensive items. Most auctioneers accept cash or a pre-approved letter of credit only. 2.%09Get to the auction at least a half hour early, if not earlier. Carefully examine everything and make up a list of items you want to bid on. 3.%09Get a bidder’s identification number from the auctioneer’s staff. Usually they set up a table somewhere on the auction site. It doesn’t normally cost anything to get a number, so get one whether you plan to bid or not. You’ll have to supply a driver’s license, your contact information, and a sales tax number if you have one. 4.%09Once the auction starts, stay as close to the auctioneer as possible. The auction will go by fast, and it’s often difficult to know exactly what item is up for bid. 5.%09To place a bid, raise your bid card up high enough to be seen by the auctioneer or the auctioneer’s assistants. The auctioneer should acknowledge the bid once he sees it. Keep doing this until you have won the item, or until the price goes higher than you wish to pay. Be careful not to get so caught up in the excitement of bidding that you end up paying more than what the item is really worth. If you’re smart, you’ll also keep track of who else is bidding on various items. This way, you can resale the items that you didn’t want that came along with the items you did want. Quite frequently, to speed up the auction, several items will be grouped together instead of sold separately. 6.%09Keep a list of the items you have won. Then after the auction is over, or when you get ready to leave, go pay for everything you’ve bought.
How do you put bidding in a sentence?
In my excitement, I forgot I was bidding too high. Bidding for an antique table, I lost to the higher bidder.
How do you make good money if you are level 32 on World of Warcraft?
You're best bet at level 32 is to play the auction house. What you want to do if you cannot do this effectively yourself is download the addon called "Auctioneer" from Curse.com What you do then is just buyout underpriced auctions and resell them at higher price. This is risky and is kinda gambling your money away, but if your lucky/good you can strike it rich!
What indicate increase in thermal energy of the body?
Higher temperature.
Does the size of a cell battery indicate a lower or a higher voltage?
No
