Sheridan Realty & Auction Co.
Online Only Auctions, Residential Real Estate, Land
1600sf, 3BR, 1BA stone house on 78.97A
House is currently rented and sells subject to Tenant's Rights.
Thursday, August 28th (4-6pm)
Saturday, September 13th (12-2pm)
Sunday, September 21st (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.