To attract more bidders,and more aggressive bidders,to your auction

Question

Quizplus · Accepted Answer

Holding oral auctions can create a sense of excitement and urgency among bidders, which can lead to more aggressive bidding. Additionally, in an oral auction, bidders can see and hear each other bidding, which can create a competitive atmosphere and encourage higher bids. However, it is important to note that withholding relevant information or not allowing potential bidders to examine the object can be seen as manipulative and dishonest tactics, which may ultimately harm your reputation as an auctioneer. Transparency and honesty are important in building trust with bidders and ensuring a successful auction.

To Attract More Bidders,and More Aggressive Bidders,to Your Auction