Auction Catalog
OCALA REAL ESTATE
Instant Announcements
NEW BID!
A new bid has been placed on: 1 ...--05/18/2022 1:03 PM -18
NEW BID!
A new bid has been placed on: 1, 2, 3 ...--05/18/2022 1:04 PM -36
NEW BID!
A new bid has been placed on: 2, 3 ...--05/18/2022 1:06 PM -25
NEW BID!
A new bid has been placed on: 1 ...--05/18/2022 1:07 PM -13
NEW BID!
A new bid has been placed on: 1 ...--05/18/2022 1:08 PM -50
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Activate ability to jump the bid?
"Jumping the Bid" is a bidding strategy by which a bidder increases the bid by more than the next accepted bid (placing your bid at $150 when the next accepted bid is $125). This practice is used by some bidders to discourage others from bidding in hopes of acquiring an item at a lower price. There are many theories on the effectiveness of this practice and a bidder who wishes to apply it does so at their own discretion. The auction company will not lower the price of an item that has been won by a "jumped" bid with no other competing bids.