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#3
04-13-2006, 09:33 PM
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Reading REA...what is the purpose of the "Estimate"?
Posted By: Charlie O'Neal
My best guess is so they can say how many of there auctions sold 50% higher then the estimate. The auctions I am interested in will not even be close to what the estimate is; a mimimum of 2x - 3x there estimate. I wish they would do away with the estiates if they are not going to give realistic ones. Ohter than that, I think they are one of the best auction houses if not the best. 
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