Quote:
Originally Posted by parkplace33
I was talking to a colleague yesterday about REA and this question came up:
How many individual bidders (not users) bid in a REA auction? My estimate is 5,000 individuals, but now, I think I may be low. 10,000?
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My invoice for November minus the one for October is in the mid-700s. That number doesn't seem crazy as a count of winners for the more recent. Since it's mostly folks with a bona fide interest in acquiring, my guess is one could double that number, maybe triple. The two most recent auctions might not be the best measure of what typically happens, but the methodology generally seems logical to me.