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Old 04-18-2006, 10:20 PM
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Default Reading REA...what is the purpose of the "Estimate"?

Posted By: jay behrens

There is no bidding war early on. Almost everyone just places the minimum bid and leaves it at that until closing time. There really is no point in bidding until the end once you have the first your first bid in. Lots of bids early just means a lot of interest in that lot.

Jay

I like to sit outside, drink beer and yell at people. If I did this at home, I would be arrested. So, I go to baseball games and fit right in.

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