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Sometimes a member who knows the seller ? perhaps a family member or friend ? bids on an item to drive up the price. This is known as shill bidding and isn't allowed on eBay.
?The authority to bid form is probably the most understood method. That could be a buyers' agent, or simply a friend or relative bidding on behalf of someone. That person then goes up to the selling agent or auctioneer to register and presents the signed form.
Codified Law 23A-3-34 | South Dakota Legislature. 23A-3-34. Defendant's public record--Automatic removal of non-felony charges or convictions--Case record available to authorized personnel--Use as enhancement.
A purchaser can have another person bid for, and buy, real estate on their behalf. Buyer advocates do this regularly, although many buyer advocates put themselves at high risk when they do so.
?The authority to bid form is probably the most understood method. That could be a buyers' agent, or simply a friend or relative bidding on behalf of someone. That person then goes up to the selling agent or auctioneer to register and presents the signed form.
If you want someone else to bid on your behalf, they must give the auctioneer written authority from you before the auction starts. The letter must include your name, address and details of proof of identity, such as your driver's licence or passport.
If the auctioneer says that he's "out here" or that "the bid's in the room" it means exactly that, the commission bidders or the phone bidders have been outbid and the current highest bidder is present in the room.