Auction Catalog
Scotland County Surplus Real Estate Auction
Instant Announcements
NEW BID!
A new bid has been placed on: 51 ...--01/23/2020 7:37 PM -44
NEW BID!
A new bid has been placed on: 13 ...--01/23/2020 7:38 PM -06
NEW BID!
A new bid has been placed on: 28 ...--01/23/2020 7:38 PM -20
NEW BID!
A new bid has been placed on: 38 ...--01/23/2020 7:40 PM -17
NEW BID!
A new bid has been placed on: 24 ...--01/23/2020 7:41 PM -46
COMING SOON
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Activate ability to jump the bid?
"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.