I won!

[Mgderf]

Curiouser and curiouser...
Not really, more like just one more reason to suspect other than ethical business practices.
The auction company called me today to tell me that the seller had now dropped her reserve price, and they were entertaining new bids...
I interrupted him to tell him I would not go higher than $225k, which was a $10k increase.
He told me that they already have a bid much higher than that.
I informed him that I felt he was running a shady operation and he got really defensive, really fast.
Almost like he'd heard that before.
After we hung up I emailed the auction company one last time to ask if they even bothered to tell the seller that my bid was a cash bid.
I don't expect any further contact.

So, I'm still looking for some property, if anyone can help.

 

[BiscuitsandGravy]

Do you know who the seller is? Since it's near the Deer Creek is it Carroll County? Look it up on Beacon Schneider Link. You or have a 3rd party contact them directly? Just sayin.

 

[actaeon277]

They can change after you won?
That does sound shady

 

[Mgderf]

Do you know who the seller is? Since it's near the Deer Creek is it Carroll County? Look it up on Beacon Schneider Link. You or have a 3rd party contact them directly? Just sayin.

Seller has already vacated the property and moved to Arizona.
My brother did a search of the property and found the current owner still owes $155k on the property.
That explains why the unreasonable "reserve".

They can change after you won?
That does sound shady

Yeah, weird huh?

 

[KG1]

Curiouser and curiouser...
Not really, more like just one more reason to suspect other than ethical business practices.
The auction company called me today to tell me that the seller had now dropped her reserve price, and they were entertaining new bids...
I interrupted him to tell him I would not go higher than $225k, which was a $10k increase.
He told me that they already have a bid much higher than that.
I informed him that I felt he was running a shady operation and he got really defensive, really fast.
Almost like he'd heard that before.
After we hung up I emailed the auction company one last time to ask if they even bothered to tell the seller that my bid was a cash bid.
I don't expect any further contact.

So, I'm still looking for some property, if anyone can help.

Sounds like you did all you could do and left the ball in their court to accept it or not. You made an honest effort especially by upping your offer by $10k. Can't do much more that. I guess it's time to move on. Not sure if I would even trust them any further.

 

[DoggyDaddy]

Yeah, weird huh?

Maybe a call to the Attorney General's office to report them would be in order. Let them explain it to him.

 

[actaeon277]

Sounds like "fraud" to me.



I could be wrong.

 

[MRockwell]

Something weird is going on.
I just looked at the closed auction page and it now reads, " price realized, not uploaded".
Wtf?
I think I got robbed

I have bid on some things on online only auctions recently, and I have had that same message show up. Here is one example: https://kjauction.hibid.com/lot/159152186/vintage-regent-jarts-outdoor-game?ref=catalog

I think that is laziness on the part of the auctioneer.

I also think you got hosed, and the whole thing sounds shady. I'm with @DoggyDaddy, notify the AG and see if they do anything about it.

 

[Mgderf]

I have bid on some things on online only auctions recently, and I have had that same message show up. Here is one example: https://kjauction.hibid.com/lot/159152186/vintage-regent-jarts-outdoor-game?ref=catalog
View attachment 287395
I think that is laziness on the part of the auctioneer.

I also think you got hosed, and the whole thing sounds shady. I'm with @DoggyDaddy, notify the AG and see if they do anything about it.

Mine was run through Hibid as well, but with a different auction company.

 

[GodFearinGunTotin]

Wow. I lost track of this thread, mostly figuring it had gone how most threads on INGO usually go—talking about pineapple on pizza, etc.

I’m sorry this has happened to you.