Sheridan Realty & Auction Co.
Online Only Auctions, Farm & Heavy Equipment, Equine & Livestock
Inspection Time: Tuesday August 11, 2015 from 9:00-11:00 AM.
Load out will take place Thursday August 13, 2015 from 9:00-11:00 AM.
Questions contact Charlie Geller at 989-620-0351 or Troy Crowe at 989-666-6339
"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.