Going to attend a few auctions in the next few weeks so thought might ask for best strategies.
Been to few auctions in the past so have a fair idea of what happens- Just curious as to what strategies are used by most:
a) Snipe bidding: staying quiet up untill the third hammer
b) opening with a big bid and making big bids quickly until your limit (which should be a good one for this to work lol).
c) slowing the auction down (small bid increments, being on phone etc)
d) bid as you go...
Pros and cons of each??
Any other advice (except for sticking to a limit which isnt most help in current climate!! LOL).
Been to few auctions in the past so have a fair idea of what happens- Just curious as to what strategies are used by most:
a) Snipe bidding: staying quiet up untill the third hammer
b) opening with a big bid and making big bids quickly until your limit (which should be a good one for this to work lol).
c) slowing the auction down (small bid increments, being on phone etc)
d) bid as you go...
Pros and cons of each??
Any other advice (except for sticking to a limit which isnt most help in current climate!! LOL).