HOW TO BUY AND SELL AT AUCTION
Here is more information about how to by at auction and how to
determine if selling at auction is right for you. Please email us if you have
any questions about this process or visit the National Auctioneers website for
more resource material.
Buy at AuctionSell at Auction
BUY AT AUCTION
If you're new to auctions, there's nothing to fear. This step by
step guide will show you just how easy it is to find, scout and participate in
a live auction in you.
1. Find an
auction
Check back often to find an auction that features your
interests or needs.
2. Preview the
auction
We have previews the day before, and occasionally, the day of
the auction.
3. Arrive early
On the
day of the auction, try and get there early enough to register and get a good
seat. It not only important for you to be able to see the auctioneer, but for
the auctioneer to be able to see you.
4. Inspect
Carefully
inspect any items you're interested in. Are they damaged? Do you see other
people looking at the same items? How much competition does it look like you're
up against?
5. Set a price
What
are you willing to bid? You should have a number in mind, so you don't go way
over your budget in the heat of the moment. Don't forget to include your total
costs, like repairs and decorations. Use the bidder's package you were given—if
you were given one—at registration.
6. Bid
Have fun!
Carefully follow the auction and get a feel for who you're bidding against. And
remember, the maximum bid you're willing to make is just that; a maximum. Don't
jump to that number unless it's necessary. You might very well get the item you
want for much less.
7. Pay
If you win,
find the Bookkeeper or Clerk and take care of your bill.
8. Enjoy!
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SELL AT AUCTION
If you're new to auctions, there's nothing to fear. Here are the
reasons auctions are often the best way to sell your items. Click here to read,
download, or print our fact sheet: "Why YOU Should Have an
Auction"