What Is Off The Wall Bidding? | Property Auction Tips

At property auctions, ‘off the wall bidding’ is where an auctioneer invents a bid to drive bids in the room higher towards the reserve price. It sounds bad but it isn’t. If the reserve price isn’t met then the bidder’s being pushed higher could not have bought the property anyway. * Amy Varle Interviews Andy Thompson From SDL Auctions ========================== See Full Article⤵ ↪ ========================== What Is Off The Wall Bidding? ‘Off the wall bidding’ or ‘bidding off the wall’ is an auctioneer’s term which refers to a fake bid, placed by the auctioneer, to bring a property up to its reserve price. It sounds underhand but it isn’t. The auction has agreed with the seller to not sell their property for

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