Joined
·
5,456 Posts
There is a lot of inbreeding and in-laws between logging families in some areas, resulting in a fairly controlled market. An old trick is for three or more of them to get together to rig bids. The first would bid almost nothing. Second would come in a tad higher. Third would come in significantly higher, but still at well below actual market value. Hey, you got three bids and one was far better than the others... They take turns on who gets to bid the highest.
Ken S. in WC TN
Ken S. in WC TN