An essential problem with auction estimates is you can't be sure the auction is even trying to give accurate numbers. Accurate prices often isn't their intent. This alone makes them unreliable. I also think this makes them often unethical.
Even when they are way off, there's supposed to be objectivity in these estimates. They aren't supposed to be a PR tools. They aren't supposed to be fibs.
And there's nothing wrong with not having auction estimates.
Last edited by drc; 10-26-2011 at 05:28 PM.
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