[AT] Auction question

[Grant Brians]

This is an occasional common practice in California. By that I mean that
only on units that the items are a package, but very readily disattachable -
again mostly Combines and laser levelling equipment.
          Grant

-----Original Message-----
From: at-bounces at lists.antique-tractor.com
[mailto:at-bounces at lists.antique-tractor.com]On Behalf Of
Roebersauctions at aol.com
Sent: Sunday, July 29, 2012 1:39 PM
To: at at lists.antique-tractor.com
Subject: Re: [AT] Auction question


I've been an auctioneer for over 35 years, maybe I can answer a few of your
 questions. First all if you hired me to sell your property, you would want
me to  get you top price, Right! I'm going to use an item I just sold a
couple of  months ago. It was J.D Lawn Tractor, X720 Ultimate, used 5 hrs,
54"
Mower,  47" dual stage snow blower, quick hitch; 52" J.D broom, quick hitch;
4 rear  suitcase weight and bar, and tire chains. Before we started to sell
any of the  items we announced that were going to sell the tractor and
mower first  and hold the bid; then sell the snow blower, hold the bid; then
we
sold the broom, held the bid; then we sold the weights and tire chains as a
 package. and then we would total up the bids and what ever the total came
to  when we put the package together the opening bid would have to $250.00
higher  then the total of the bids. The total of the bids came tp $12150.00,
we sold the  hold unit for $14,400.00. We do that with combines as well, you
may have the  same combine but need a head, or visa versa. Hope this will
help you understand  why we as auctioneers do this and some time it is
requested by the seller, and  we have had buyer request that we sell items
separately. As for  the Auctioneer who took one bid and sold the John Wayne
Rifle
for one bid  will not be in business very long. Ernie
In a message dated 7/28/2012 10:47:57 P.M. Central Daylight Time,
meulenms at gmx.com writes:

I was at  an auction today, and the way they sold one item was new to me,
maybe some of  you can shed some light on why they did it this way. Up for
bid was a nice  Kubota 4x4 tractor that was billed as coming with a 3 point
backhoe. The  backhoe was a nice Woods unit. So first they auction off the
tractor, it  brought 17,500. Then the backhoe, it brought 2100. Then the
auctioneer said he  was going to sell the package of tractor and backhoe
together,
and opened the  bidding at 20,000. Only one guy bid the 20K and it wasn't
the guy that  originally bought the tractor for 17,500, or the guy that
bought the backhoe  attachment for 2100. Why would they do something like
that,
why not just  auction the package in the first place. Oh, before he opened
bidding on the  package he offered both the buyer of the tractor and the
backhoe a chance to  sweeten their bids, neither did.

Mike  M
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