Auction Catalog
NCDOT Assets 208810 & 199431 - Kannapolis, Cabarrus County NC
COMING SOON
NEW BID!
A new bid has been placed on: 1 ...--09/07/2022 3:56 PM -53
NEW BID!
A new bid has been placed on: 1 ...--09/07/2022 3:59 PM -35
NEW BID!
A new bid has been placed on: 1 ...--09/07/2022 4:00 PM -23
NEW BID!
A new bid has been placed on: 1 ...--09/07/2022 4:01 PM -44
NEW BID!
A new bid has been placed on: 2 ...--09/07/2022 4:09 PM -26
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.