Sheridan Realty & Auction Co.
Online Only Auctions, Residential Real Estate
2 Bedrooms, 1 & 1/2 Bath, 2. Story
Parcel ID: 05-129-200-04
2014 SEV: $40,300
2014 Taxable Value: $39,116
Lot Size: 1.23 Acre
Year Built: 1992
Sq. Ft.: 2,000
Wednesday, October 22, 2014 5-6 PM
Wednesday, October 29, 2014 5-6 PM
For more information please call or text 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.