Sheridan Realty & Auction Co.
Online Only Auctions, Residential Real Estate, Land
1450sf, 3BR, 1.5BA house on 40+/-A, with 2-car attached garage and pole barn
Wednesday, February 18th, 5-7pm
Sunday, February 22nd, 1-3pm
Sunday, March 8th, 1-3pm
Call Bill Sheridan for more information, 517-676-9800.
"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.