Auction Catalog
NCDOT Asset 206433 - .33+/- AC, Mecklenburg County NC
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NEW BID!
A new bid has been placed on: 1 ...--08/15/2022 2:09 PM -57
NEW BID!
A new bid has been placed on: 1 ...--08/15/2022 2:19 PM -54
NEW BID!
A new bid has been placed on: 1 ...--08/15/2022 2:21 PM -00
NEW BID!
A new bid has been placed on: 1 ...--08/15/2022 5:39 PM -12
NEW BID!
A new bid has been placed on: 1 ...--08/15/2022 7:58 PM -20
COMING SOON
"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.