Auctions that are open to the general public are a double edged sword. Good part is- any of us can get in on it.. bad part- Anyone without a brain can as well. I went to an auction a few years back.. hunting for some building materials to do my bathroom. I FIGURED I would be competing with General Contractors who will need to bid low to maintain a healthy profit margin.. Boy was I wrong. "Saturday-Casual-I-Got-Sucked-Into-The-Excitement-Of-An-Auction" idiots were out and were paying $14 a roll for R-13 Insulation you can get at Lowes for $9 bucks per. After a few "lots" of seeing this- I left the auction.. Ya Can't Outbid Stupid!
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