Tips on auction bidding

Listen to this radio story on auction tips (MP3 download)

There's nothing quite like a live auction. You'll find stuff you didn't know you wanted and have a blast bidding on it. Don't worry about scratching your nose and suddenly finding that you bought something you had no intention to. Auction law says a person has to accept the sale before it's actually sold to them. Still, you should be careful not to get caught up in "bidding fever". Set a price and don't let the excitement make you go over your budget.

Radio interview source: Tommy Williams, president, National Auctioneer's Association

For more information on auctions, we recommend the following Web sites:

Agriculture Online: Browse our sister site for weekly columns from resident auction expert Greg "Machinery Pete" Peterson, including tips for buying and selling machinery at auction, and prices from recent auctions.

Machinery Pete: Learn more about Greg Peterson and how he evaluates auction prices.

Guide to online auctions: The bidding can be just as intense at an online auction as in person. Here are some tips for finding a treasure without blowing your budget.