by Myers Jackson | Sep 10, 2022 | Terms
Absentee Bid A procedure that allows a bidder to participate in the bidding process without being physically present. Generally, a bidder submits an offer on an item prior to the auction. Absentee bids are usually handled under an established set of guidelines by the...
by Myers Jackson | Sep 10, 2022 | Terms
Livestock Marketing Association The LMA is an association committed to the support and protection of the local livestock auction markets and the livestock marketing industry. Contact Get InTouch Email: 411@myersjackson.com Phone: +1-844-400-2828 Phone...
by Myers Jackson | Sep 10, 2022 | Terms
Listing Broker A real estate broker who has a listing on a property and cooperates with the auction company by allowing the auction agreement to supersede their listing agreement. Contact Get InTouch Email: 411@myersjackson.com Phone: +1-844-400-2828 Phone...
by Myers Jackson | Sep 10, 2022 | Terms
JUMP BID It is a bidding strategy by which a bidder increases the bid by more than the next accepted bid (such as placing your bid at $150 when the next accepted bid is $125). This practice is used by some bidders to discourage others from bidding in hopes of...
by Myers Jackson | Sep 10, 2022 | Terms
Auction Plan The plan for pre-auction, auction-day and post-auction activities. Contact Get InTouch Email: 411@myersjackson.com Phone: +1-844-400-2828 Phone +1-469-460-4848 Text Address: Myers Jackson P.O. Box 2014, Grapevine, TX 76099 Name* First Last Email*...
by Myers Jackson | Sep 10, 2022 | Terms
Auction Marketing The method of marketing assets utilizing the auction method of sale. Contact Get InTouch Email: 411@myersjackson.com Phone: +1-844-400-2828 Phone +1-469-460-4848 Text Address: Myers Jackson P.O. Box 2014, Grapevine, TX 76099 Name* First Last...
