You will usually find two different types of auctions: a collective or a disposal. Collective auctions create lots—or auction items—from several suppliers or vendors. Disposal auctions usually come from a single person or estate to pay debts, finalize foreclosure, or to simply clear space.
Auctioneering has existed for much longer than any single location to sell popular goods. We call it “auction,” which comes from the Latin “auctus,” meaning “increasing,” but the process likely has had many names before that.
Auctioneers get excited when more than one person wants to bid on an item. They know the more people they can bring into the auction will be good for them and fun for all involved. But what if you see something you want to buy before an auction? For most auctioneers, the answer is no. This is because auction houses print catalogs, do advertising in newspapers, print flyers, and do a lot with online pictures for active bidding. In addition, auction houses have a contact list they send out with all the items that are for sale. Can you imagine if you were one of the people on the contact list and when you got to the auction, what you wanted to bid on was not there? Not only would you be angry, but you might even start to question the auctioneer’s ethical behavior.
There are many questions when it comes to preparing for an auction. Whether you are going to be attending one, selling items, or hosting the auction, there are steps you should take to prepare for the auction.
Auctions are a great place to find rare treasures that are unique and distinctive. Trying to decide when to sell your pieces can be difficult. Will people be there? Will people like what you have? Are people actually going to bid on your items? There are so many questions that can stop people from selling at an auction. In this article, we are going to tell you what we have found that are the best times to sell your antiques at an auction.
You may have heard of crazy auction sales, like a Pokémon card that sold for $183,000 this year or artworks selling for millions of dollars. With such a wide variety of collectibles out there, it is no surprise that items like these sell for so much money. Here are some historical facts about auctions that may be even more surprising to you.
Selling used farm equipment at auction is a great idea because you are likely to get a good deal. Depending on how much you are selling, you may wonder if things should be sold separately or as a lot. The answer to this depends on a few factors.
Non-profits often hold fundraiser auctions to raise money for their cause. These events are exciting for everyone involved, despite the challenges that can come with planning them. If you are like most fundraiser organizers, you will do what it takes to create a successful event. It can help to know what types of auctions are available to choose the best one for your non-profit.
Selling your property at auction provides many benefits. When you choose an auction, you can speed up the sale process. People come knowing you are motivated to sell and they are ready to offer amounts at fair market values. Auctions are a great way to sell homes, farm equipment, antiques, estate items, and much more. The only question is, how do you find a reputable auction company to handle your sale?
Once you have chosen to sell your personal property, you will find yourself faced with more decisions. You will need to decide exactly which items to sell and which to save as keepsakes. You will next have to decide between an auction or private sale of your items and how to present your home to buyers. Choosing to auction your items is a quick, efficient way to sell them because an auction house will help you with the entire process. A private sale of your items may not go as smoothly. Here are four tips you should know when auctioning your personal property.