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General Storage Auction Talk / Every man for himself or is there etiquet buy a half dozen go home?
« on: February 26, 2012, 05:20:31 PM »
Not sure if this topic has come up but someone had an intersting thread about do you care who wins a unit and talked about a "whale".
Anyhow, do you think there's an unspoken rule or etiquete about if someone's taken half the days units they should call it a day and go home or is it more this is business every man for himself and may the best man win?
I suppose this question is more suited towards the circuit type auctiosn where everyone is spending the day following one auctioneer around rather than just bouncing around to random auctions.
Part of me says yes extend a little courtesy to your fellow buyers but I can also see the argument if someone has the money and can get rid of that volume more power to them. If they suck they will run out of money soon enough and if they are that good they deserve to win and take all the units
I will say that when I see this on a circuit where everyone is following all day and everyone knows one particular guy has gotten 12 of the 15 units or something like that everyone groans when he bids and you start to see the whole auction following as a whole start running that person up.
Just curious your guys thoughts
Anyhow, do you think there's an unspoken rule or etiquete about if someone's taken half the days units they should call it a day and go home or is it more this is business every man for himself and may the best man win?
I suppose this question is more suited towards the circuit type auctiosn where everyone is spending the day following one auctioneer around rather than just bouncing around to random auctions.
Part of me says yes extend a little courtesy to your fellow buyers but I can also see the argument if someone has the money and can get rid of that volume more power to them. If they suck they will run out of money soon enough and if they are that good they deserve to win and take all the units
I will say that when I see this on a circuit where everyone is following all day and everyone knows one particular guy has gotten 12 of the 15 units or something like that everyone groans when he bids and you start to see the whole auction following as a whole start running that person up.
Just curious your guys thoughts