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Re: Farm Auctions and how they are run?
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Posted by swms301 on January 29, 2007 at 16:36:13 from (209.120.212.106):
In Reply to: Farm Auctions and how they are run? posted by B. Abseck on January 29, 2007 at 16:23:35:
Most auction have a registration/sign in procedure. Information about payment terms and removal is usually covered in the brochure, or in your registration package. Very rare to just show up and bid. At least that's my experience at construction equipment auctions. It helps to know who works for the auctioneer, who the sale is for, etc. Watch to see if the same people jump in to bid if prices stay low. Also find out if auction is reserved, or has buy back provisions. Look, listen, and learn.
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