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The
Feeder - Index
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The most important job, besides auctioneer, is left to the 'feeder'.
While the auctioneer is concentrating on selling the item up for bid, the feeder
concentrates on the items themselves. A sign of a good feeder is that he makes the job
look easy and you don't even notice his contribution, but trust me it can make the
difference between a profitable and disastrous sale.
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The feeder must concentrate on who is in attendance, people that are
bidding, the items that people are bidding on and the prices that are being paid, items
that buyers are looking for, the location of these items and the order in which to
proceed. The better auctions have a 'feeder'. Usually one individual who has a good
general knowledge of what is being sold and the realistic price an item should bring at
the respective auction. He knows what item is to be sold individually or in a box lot, how
to display an item whereas everyone can see it and know what they are bidding on, gives a
good description of what is being sold and lets you know if any item being sold is
damaged. Not all feeders are trustworthy. I have seen many 'feeders' hiding items or
pushing through items quickly.
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The best auctions will have a trustworthy feeder. Don't be afraid to ask
him (her) questions. If he (she) is selling box lots and you don't want everything
in the box(es), ask him (her) to sell the item(s) separately. Most auctioneers will accept
this type of request. Some people are under the impression that this will increase the
price beyond the amount that they're willing to spend, and sometimes this is true.
However my belief is this, you go to an auction with a purpose, to buy
something.
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Navigation is accomplished by using
the main menu on the left. Just click on the red
help book next to the words Auction Guide
and the topics will unfold. Or you can use the index below.
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Copyright
Information
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This reference is here for informational
purposes only.
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This guide may be freely distributed providing
that I have been credited as the author, and a link to this website has been
placed on each chapter. Thank
You.
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I would appreciate an email
if you did use excerpts from this guide. But it's not necessary.
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Written and Copyrighted © 1997-2001
by Stan Daniloski, Earth
Station 9.
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