Do Auctioneers Play Favorites With Sure Bidders?
Are all auctioneers fully fair in their treatment of everyone? Of course not - every barrel has an occasional unhealthy apple in it. Do most auctioneers attempt to be fair to everybody? Solely if they wish to remain in business for extended than a few weeks.
This would then beg the query, why do some auction goers believe that they're continually witnessing favoritism between auctioneers and random bidders? To answer this it is important that we tend to take a look at what the true meaning of favoritism is as it relates to the auction business.
A cluster of folks will see something happen yet every one of them offers a completely different interpretation of the event. The police will vouch for this as a result of it happens to them all the time. It is quite common and accounts for a number of the accusations of favoritism.
Typically the cry of favoritism will be sour grapes on the half of a bidder. For example, a bidder habitually takes too long to make a decision if he needs to bid once more on an item. The auctioneer is typically patient each time the bidder hesitates, however every once in an exceedingly whereas he has had enough thus he drops the hammer all the way down to the last bidder. The bidder who is slow creating up his mind views this as favoritism toward the winning bidder. He intended to bid again however didn't get the chance.
To someone else in the audience, the $64000 favoritism was the patience the auctioneer showed to the bidder who kept taking too long. Everybody features a completely different slant on it. Was the auctioneer really showing favoritism during this case? No, he was not. In his mind, he tries to present everyone an occasion and be as patient as he will but he has an auction to call. Doing the sudden is typically designed to be a awaken call to the complete audience.
The opposite thought here is that the auctioneer's real responsibility is to the consignors and he's obligated to strive to urge the consignors as abundant cash as he can. If waiting an additional minute here or there will help to secure an extra bid or 2, he is simply doing his job.
Trying to keep a area stuffed with people satisfied once they are all there competing against every other can be a no win situation for an auctioneer. After every item is auctioned, there's a happy bidder and there is an unhappy bidder.
At an auction you'll always here someone say, "The auctioneer dragged his feet on that item as a result of he is aware of that guy very well and needed him to get it." One will never be positive however there's a smart chance that it was not the guy that created the auctioneer drag his feet however the item instead. The auctioneer could have had a reserve that he had to satisfy before he may sell the item. It's a possibility that the bidding was very close to the reserve and he was doing his best to induce the additional bid he required to satisfy the specified selling price. This is an example of how easily people can misread a situation.
There are times when a bidder would possibly confuse favoritism with an auctioneer simply attempting to correct a wrong that took place earlier. For instance, most auction homes have a few regulars that qualify as "significant hitters." These heavy hitters pay quite a small amount of money at each auction. Although these premier customers do not deserve any special treatment by the auctioneer, they additionally do not deserve to own their bids overlooked.
Auctioneers are expected to handle a ton of bids coming at all at once from all different places within the auction hall. Very experienced auctioneers are pretty smart at this however they're solely human and will occasionally miss a bid. When this happens, either at the same auction or at the subsequent auction, the auctioneer might try to create up for the sooner slight by dropping the hammer quickly on an item to the individual that lost out due to his mistake. This can be a lot of likely to happen if it involves one among the regular significant hitters.
Alienating a massive spender is in no one's best interest. An auctioneer needs to stay this bidder coming back once more and again. To lose that person's business would hurt the house as well as all the longer term consignors. Unfortunately a number of the opposite bidders did not see the error or the mistake happened the week before. As way as they're involved they merely witnessed another example of favoritism by the auctioneer. It's like walking into a theater half means through a movie and thinking that you'll still be in a position to understand the plot.
Except for a terribly few, most auctioneers strive to be evenhanded and fair to everyone. It's not in their best interest to do otherwise. An auctioneer's most beneficial asset is his reputation. Therefore, do auctioneers play favorites with bound bidders? You may have to make a decision that for yourselves but whatever you do you ought to strive to determine the entire movie.
Author Resource:
aaron adish has been writing articles online for nearly 2 years now. Not only does this author specialize in Auctions, you can also check out latest website about
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