It never ceases to amaze me how greed gets in the way of good business sense...
Heritage...ask your self this question...
Does coming out and stating you will no longer "house" bid your auctions and be completely transparent help your business in the long run? Would more people consign with you? Would you lose customers?
Seriously? I would be far more likely to bid in your auctions if this was the case and I am sure consignors would be far more comfortable as well. I just do not see a downside in the long run. You are running the risk of causing more problems for yourself.
BTW, I would love to see you pursue a libel suit against anyone on this board. As someone said, opinion would be hard to prove damages on. Ask REA how their suit is going. The other thing to consider is that the second you file that suit, I am sure that the opposite lawyer will be asking you to open all your files and all your books including bid histories, payments, etc. How comfortable are you with that?
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