Taylor Auction & Realty, Inc.
Farm & Heavy Equipment, Collector Cars & Vehicles, Business Liquidations, General & Estate, Other
Industrial/ Commercial bidding opportunity! Call us to assist you in bidding on this 44,820+/- building situated on 4.4+/- acres
"Jumping the Bid" is a bidding strategy by which a bidder increases the bid by more than the next accepted bid (placing your bid at $150 when the next accepted bid is $125). This practice is used by some bidders to discourage others from bidding in hopes of acquiring an item at a lower price. There are many theories on the effectiveness of this practice and a bidder who wishes to apply it does so at their own discretion. The auction company will not lower the price of an item that has been won by a "jumped" bid with no other competing bids.