Tips to Win the Bidding

Be very clear when placing a bid. Make sure the auctioneer is aware of your bid by calling it out and/or waving your bidding card. It also helps to sit close to the auctioneer.

Consider bidding as a team. If you choose to bid with others as part of a team, be very clear about who will bid and what your collective bid limit is. The last thing you want to do is inadvertently bid against each other or overspend.

Consider placing a bottom feeder bid. This is an extremely low bid that is usually issued before the auctioneer even finishes talking about the item. By raising your hand early in the game, you signal to the auctioneer that you will take the item if no one bids higher.

Wait until the last possible minute. Placing a bid toward the end when things start to slow down is typically a technique used for big-ticket items.

Portion of Article by: Amanda Prischak