QUOTE(coolandy @ Jun 12 2014, 07:25 PM)
Good advice WW. I will be going to the Ir Jernih "auction" to look & see.
Heard from friends who said that you were there but according to them, there was this one buyer who did not understand how to grade EBN. Small nests which we normally grade as patahan were offer Rm1480 which is wuite good but then big nests also quoted at Rm1480....... they should have provided at least 2 buyers otherwise, the organizers shouldn't have asked the BH owners to bring the EBN there and a waste of time...
You were there, how the climate?
I am trying to get the Association here to organize true auction where few buyers will try to outbid others for the EBN. I have all planned.
1. Buyers must deposit Rm1K in order to allow to bid and any buyer not paying deposit in advance are not allow to bid.
2. Buyers who fail to turn up will have their deposit forfeited.
3. The Auction can only start with at least 2 buyers.
4. Sellers shall be allow to put up lowest selling price on their EBN and if there is no buyer at the price, the seller must reduces the price or remove his nests from being auction.
5. The Association may charge a min. fee of Rm10 for each kilo sold paid by the buyers deducted from the deposit paid to the Association. Balance to be return to the buyers.
any comment on my suggestion