Quote:
Originally posted by motion
And why not just set your reserve correctly? Why do sellers feel like they need to shill bid?
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Shill bidding is the very reason most distrust 2nd chance offers. The shill keeps uping the bid hoping that the other party follows. If they go too far, the shill who wins backs out and the 2nd chance offer goes to the other party. Usually can push the price way over a reserve if the party really wants it.