Sheridan Realty & Auction Co.
Online Only Auctions, Farm & Heavy Equipment, New Cars & Vehicles, General & Estate, Other
Parcel # 33-01-01-34-102-061
Taxes: '11 summer- $1875.24; '11 winter- $389.48
Taxable Value $32,000
3 bedroom, 1 bath
and Accessory unit
2 bedroom 1 bath
Inspection Date: Tuesday, Februaury, 14th 10-11am
"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.