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Monday, June 19th, 2017

For the inexperienced, an auction can be a high-pressure event. You must prepare yourself beforehand in order to stay levelheaded and bid wisely. The following bidding tactics can save you thousands at a car auction, property auction, or other type of live auction. These tips will not guarantee you will win every time, but they will give you a better understanding of the process and help you save money.

Monday, June 19th, 2017

Many people attend auctions to bid on a variety of different items, including cars. Auctions are a great option for any car buyer, not just those looking for classics. You can get a great deal on everything from a plain sedan to a base model pickup. Often times, if you practice the right bidding methods and do some research, you can get these cars for a great price.

Monday, April 10th, 2017

When farmers set out to buy a used tractor, they typically know exactly what they are looking to purchase. Usually, farmers will inspect tractors that interest them before they bid for them at auction. The following are several inspection tips as well as general guidelines to follow when looking for a good used tractor at auction.

Thursday, March 23rd, 2017

Farmland auctions are different than an average property auction. Many times, land is sold in separate pieces called tracts. When farmland is divided into tracts, each area is auctioned by itself. All of the farmland tracts will be offered as a combined item afterward. Potential land buyers will be able to bid up the individual tracts or a combined lot in the same auction.

Thursday, March 23rd, 2017

First time auction goers may be a bit overwhelmed by the process of bidding. It is a good idea to gain some knowledge before attending your first auction. Bidding can quickly become confusing, so understanding the process before attending an auction will help you achieve success. You should understand what auctions are and why they are popular, as well as the auction process and how to bid properly.

Tuesday, January 17th, 2017

You will almost always find a great bargain at auction. Live auctions offer a lot of excitement and are often referred to as a sport as much as they are a shopping adventure. These auctions are perfect opportunities to find artwork, furniture, and accessories for your home or business, among other items. Knowing the right way to bid at an auction is an important step to getting items at bargain prices. Here are a few of the most important auction do’s and don’ts to help you be successful when bidding at an auction.

Monday, July 18th, 2016

When attending an auction, it can be tempting to let the crowds affect how you bid. However, as a buyer, you are in control of what and how you bid at an auction. There are a few tactics many people use at auctions to walk away with great items at a low price. These tips will give you the chance to win, even if you have arrived on a tight budget or are unsure of how to bid at an auction. Below are five strategies you can use to knock out the bidding competition.

Thursday, May 5th, 2016

You can bid on an item at an auction even if you are not able to be there yourself by placing an absentee bid. An absentee bidder places their bid with the auctioneer prior to the beginning of the auction. These offers can be submitted in written or verbal form, depending on the terms set by the auction house. It is important to understand how absentee bidding works before using this method to buy items at an auction.

Thursday, March 10th, 2016

Auctions offer a unique method to sell items based on bidders competing against each other to make a winning bid. The seller tries to make the most money they can from the sale, while bidders attempt to purchase an item for a desired amount. A seller can offer anything at an auction, from valuable paintings to household items. The prices these items sell for are typically set by the competing bidders, not the seller. Although this pattern is true for all auctions, there are many different types of auctions that have different pricing structures.

Friday, October 2nd, 2015

You may have been to a traditional auction where a fast-talking auctioneer calls out bids while buyers raise their paddles to secure their price. Traditional auctions offer many advantages, but online auctions are becoming a more popular option. It is important to understand how traditional auctions and online auctions are managed, because there are some key disadvantages and benefits for both types.