Storage Auctions

do you throw out 5$ incremental bids?

do you throw out 5$ incremental bids?
« on: September 28, 2011, 11:45:35 PM »
I notice it doesnt happen much as id like it to lol

Re: do you throw out 5$ incremental bids?
« Reply #1 on: September 29, 2011, 06:23:31 AM »
I don't unless we open with that.  However, one of the regulars that I call Mr. Five does.  He will constantly toss out $5 incremental bids depending if he wants to screw with you or not.  If it's a unit he wants he'll jump the bid in 20s or more.

Offline acman

  • ****
  • 299
  • Buying lockers without paying retail, FTW!
    • View Profile
    • Email
Re: do you throw out 5$ incremental bids?
« Reply #2 on: September 29, 2011, 09:25:06 AM »
I don't unless we open with that.  However, one of the regulars that I call Mr. Five does.  He will constantly toss out $5 incremental bids depending if he wants to screw with you or not.  If it's a unit he wants he'll jump the bid in 20s or more.

I will throw out $5 bids if the stuff in the unit is of low quality or quantity so I as to not overpaying for a unit and lose out on potential profit, but the local whale has outbid me everytime.

Offline bwd111

  • *****
  • 686
    • View Profile
Re: do you throw out 5$ incremental bids?
« Reply #3 on: September 29, 2011, 09:39:49 AM »
Depends. If there are alot of auctions that day and the unit looks great and you know its going to be 1000 dollar unit I start the bid at 600.00 why waste the day. People get mad at me for doing that but ifs its a good unit nobodys get a deal if im not. Jack that bid up cause seems like everbody wants to pay retail. But by starting the uints off high keeps things moving all day.

Offline Drew

  • Admin
  • *****
  • 728
    • View Profile
    • Online Storage Auctions
Re: do you throw out 5$ incremental bids?
« Reply #4 on: September 29, 2011, 11:35:41 AM »
Yea just depends on the unit it is not uncommon for units say maybe under 100 to go up in 5 dollar increments.

Re: do you throw out 5$ incremental bids?
« Reply #5 on: September 29, 2011, 04:02:29 PM »
Im thinkibg more along the lines of trying to win a unit ib the 400s by a 5$ bid i wanna try

Re: do you throw out 5$ incremental bids?
« Reply #6 on: September 29, 2011, 08:16:28 PM »
I know the auctioneers around here will go back and forth on $5 bids all day long, just to get as much as possible on the unit. I hope they don't go as far as taking $1-2 bids, that's when I know it has reached an all time low....

Offline ChefJ

  • ***
  • 148
    • View Profile
    • Email
Re: do you throw out 5$ incremental bids?
« Reply #7 on: September 30, 2011, 03:50:38 PM »
auctioneers down here won't listen to a $5 bid if its over 200 dollars.  They will say it needs to be 25.

Re: do you throw out 5$ incremental bids?
« Reply #8 on: October 01, 2011, 10:22:05 PM »
Ya same here


xx
At what point do you throw it away???

Started by ChefJ

19 Replies
9843 Views
Last post September 22, 2011, 05:15:06 AM
by Travis
xx
Throw it all in boxes,and let them dig for it

Started by mj74

9 Replies
6347 Views
Last post December 30, 2011, 08:18:57 AM
by money4nothing
xx
My first bids!

Started by acman

5 Replies
2843 Views
Last post August 29, 2011, 03:31:26 PM
by acman
xx
A little extra money from something you'd probably throw away

Started by Travis

11 Replies
18158 Views
Last post December 24, 2019, 02:27:54 AM
by clarkembers