DO NOT USE RENNICK AUCTIONS, RENNICK ART & ANTIQUES, OR RON RENNICK!…read moreI contacted Mr. Rennick on Thursday, June 12, to bid on a 1956 T-Bird on June 14.
This was as a result of a postcard sent by Rennick.
I told him that I wanted to place an absentee phone bid on this car, and told him I could give my Visa Card for any deposit he required. A friend of mine actually works for him, and I have known Mr. Rennick for about 12 years.
As a result of this relationship, he said he or his sons, or an employee, would contact me from the auction (owners property), at about 10:30 am Florida time. I gave him my cell phone number, and his manager, my Visa information.
Mr. Rennick also contacted the owner of the car, who called me & sent me photos of the car. I told the owner, as I told Mr. Rennick, I would be bidding on the car.
I held my cell phone in my hand from 9 am-2 pm, Florida time, waiting for the call from Mr. Rennick to bid.
It never came. I called the auciton house, and told them Mr. Rennick was going to call me to bid, and see why he hadn't.
At 4:30 pm, Mr. Rennick called me. He suddenly "apparently had a memory lapse", as he said he didn't remember that he was going to call me to bid, "did I send in a cashiers check or bank letter?"! I told him no, repeating that 2 days earlier, he agreed to take my Visa number & call me!
He said "well, my memory isn't as good as it used to be"!
I told him that I had a large real estate brokerage firm for many years, that I never forgot to contact someone who was interested in buying a property...that this I'm sure he knows how to run an auction business.
I asked him how much the car sold for-he said he "thought" $24,000..."thought"-this was despite the fact that the sale was 4 hours earlier, and he only had about 6 cars to sell, this being the most valuable.
I told him I was going to bid to $35,000-that I had done my due dilligence on the cars value, especially having gotten all the information I needed from his seller.
I told him he didn't represent the clients, on this sale-he cost them about $10,000 more-which I would have gladly paid!
Mr. Rennick is in a very wealthy town, filled with elderly people, who many times either don't know the value of the real estate, or personal property, or their heirs fly in, rely on information that I don't believe is given.
This is only my opinion.
I strongly suggest sellers use due caution-perhaps having a good & fair reserve-which this car didn't have, nor were the sellers (or I)-represented fairly!