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Old 02-20-2008, 05:51 AM
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southernfriedcj southernfriedcj is offline
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Default Re: Russo and Steele auction

I had no idea that an auction company could legally shill bid!
Are bidders aware that they are bidding against the house?
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Old 02-20-2008, 06:06 AM
olredalert olredalert is online now
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Default Re: Russo and Steele auction

-------Jim,,,Company bidding happens only up to the reserve, if necessary. Since the reserve is presumably what the owner wants, the car will not be sold for less, unless negotiated. I dont think a bidder is bidding against the house if the car cant get sold until the car reaches the reserve......Bill S
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