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Kalamazoo, MI SuperAuctions 4/17/04
flampoo:
--- Quote from: paigeoliver on April 13, 2004, 04:24:39 pm ---The older auctioneer pulls every dishonest auctioneer trick in the book.
--- End quote ---
Typically Superauctions will allow sellers to purchase a reserve or buy-back for their auctioned item. This deters Auctioneers from frauding the novice bidder. I've seen auctioneers that shill and employ phantom bids.
A relative of mine passed and we had to move their entire estate so we hired an auctioneer. Just so happened they were dishonest and more concerned with making us a ton of money than being ethical. Typically I wouldn't care (I have a love affair with money) but this guy was bad. He sent out fake bids to entice people already bidding to raise their price. Then when the people in the audience quit bidding he was stuck with a fake bid and no one to back it up with.
He was fired because he was bad but the truth is that most of the people that have been doing it for a while are too good to get caught.