Breeders world online sale

[jagerbeef]

Anybody else that starting Monday that there sales are only going to be open for 2 hours? I don't like it, what does everyone else think?

 

[GoWyo]

Nothing ever happens until the last 30 minutes anyway.  Then the sales drag out for several hours after that with the horse race closing games that go on.  They could shorten the bid time to 2 minutes on the horse race closings and make things move along a little better.

 

[MCC]

I have a problem with a sale that is supposed to end at  6 and you have the winning bid on something and the sale drags on because someone bid on another lot and that keeps the whole sale going. Then after 2 hours of extending someone all of the sudden bids on what you should of had bought 2 hours ago. 

 

[WinterSpringsFarm]

MCC that happened to me this fall, made me pretty angry at the time. But if it were my calf I'd be thrilled. Guess that's just the way it is.

 

[hntwhitetail]

I'm in and out of a lot of spotty internet reception after the sale ends so I've lost out on a few lots when they sale last 2hours after closing time.  What I have did to combat this is just put my max bid in and stick to it, if I get it.. I get it, if not there is another day.

 

[steer-guy]

and who's to say you're not bidding against the owner or someone the owner has bidding for him/her. Has anyone ever had any luck buying out of these sales? I'm always concerned unless you have time to see the animal in person. The only images you get on the video are the very best shots where any flaws are not noticeable. For example, being toed out. I've noticed that if one is toed out, you never get a front shot or rear. It's always from the side. Or, they're in knee deep straw.

 

[Go Green]

I put the minimum bid ($1500.) on a couple heifers last week on CW sales toward the end of the sale. Ten minutes after i bid i got notified that someone had out bid me. I looked the next morning and it listed them both sold for $1600.00. I found this very suspect.

 

[GoWyo]

I assume that the sellers or some agent for the sellers is going to have an idea of my max bid.  Supposedly the seller cannot see it, but I have purchased items with my max bid that the last bid fell just short of my max.  It was still a deal because I could have done without it and bid under what I thought was the potential market for the lot.  Didn't have to spend much time on it this way either.  Worst thing is being interested in 2 or 3 lots but only wanting to buy one of them.  Then you can't just put in max bids due to the risk of winning the bids on more than one lot.  Any more I just prefer live auctions or private treaty sales.

 

[shortyjock89]

I've been on both the buying and selling sides of this many times.

When selling, I have never been able to see the max bids. We have never intentionally tried to run a heifer, but I have bid as an agent for a person that couldn't watch the sale but wanted updates during. I'm sure that bidding on a lower quality or a no bid calf as a way to extend bidding and not mess with the real money is a thing that happens a good bit.

On the purchasing end, I will only buy from a breeder that I trust greatly without seeing the animal in person. I've never been disappointed when buying this way.

A live auction is probably as easy to falsify as these online deals. The online method sure does seem to drag on. Lots more thinking being done and less impulse buys.

 

[Tallcool1]

I believe the 2 hour deal is a great idea.

As someone said earlier, nothing happens until the last 30 minutes anyway.  Depending upon who's sale it is, sometimes I don't even log in until 2 hours after the end time.

I personally like the Horse Race style of bidding.  Most of the time, we pick a seller more so than pick a calf.  I will go out and look at the cattle in person, and if there are 5 or 6 that we would live with then that is the sale we try to buy out of.  The Horse Race bidding allows us to get outbid on our #1 choice, and move to our #2...and so on.

I am the most comfortable with just calling in my bids.  I will call the seller, tell them who I am, and tell them to bid for me.  This way, nobody has any idea what I want to spend.  I just don't know if I trust the Max Bid or Proxy Bid system.  SOMEONE knows how much that Max Bid is, and nobody can tell me otherwise.