Liquidation Auction: Tips for the Newbie

9
Liquidation Auction Tips for the Newbie

description

Attending a liquidation auction could be a unique experience. In fact, many attendees find they get the auction “bug.” After participating in their first auction, they keep coming back for more. They like finding something they need or want and bidding against others to get the best deal possible. Visit us at http://www.auctionANDappraise.com or call 800-801-8880 for more information about Liquidation Auctions.

Transcript of Liquidation Auction: Tips for the Newbie

Page 1: Liquidation Auction: Tips for the Newbie

Liquidation AuctionTips for the Newbie

Page 2: Liquidation Auction: Tips for the Newbie

Liquidation Auction

•Attending a liquidation auction could be a unique experience. Many who participate, keep coming back for more after their first auction

•What some auction attendees like the most is uncovering items they didn’t expect to find

Page 3: Liquidation Auction: Tips for the Newbie

Liquidation Auction

What if You’re New to Auctions?•You don’t have to be a seasoned attendee to have fun

•First thing to remember is get out there and get your feet wet

•Learn all you can about the auction you plan to attend. Find who the auction house is and visit their website

Page 4: Liquidation Auction: Tips for the Newbie

Liquidation Auction

What if You’re New to Auctions?•Auction house will list all requirements to bid: dates and times of inspections and whether auction is to be conducted live, online or both

•Know you’ll be welcome! Experienced auction houses will help new bidders understand the process

•You can attend an auction without bidding to get a feel of things

Page 5: Liquidation Auction: Tips for the Newbie

Liquidation Auction

When You’re Ready to Bid…•Make sure you understand the rules for a particular event

•Review the policies before attending to make experience more enjoyable

•Inspect any items of interest. Items are sold “as-is”, “where-is”, meaning no guarantees given

Page 6: Liquidation Auction: Tips for the Newbie

Liquidation Auction

When You’re Ready to Bid…•You need to pay all the items you win before you leave the auction

•You don’t have to pay for shipping during live auctions

Page 7: Liquidation Auction: Tips for the Newbie

Liquidation Auction

Things to Remember about Liquidation Auctions•Auctions can be social and community events

•Auctions help determine the current market price for items

•Auctions are quick way to dispose items

•Bidders are in total control of pricing

Page 8: Liquidation Auction: Tips for the Newbie

Liquidation Auction

Things to Remember about Liquidation Auctions•Quality auctioneers are professionals with expertise in all kinds of items and auction process. If auctioneers are certified and belong to trade organizations, they will run efficient and ethical auctions

•Liquidation auctions are fun and exciting. You can even make an auction event for whole family

Page 9: Liquidation Auction: Tips for the Newbie

Liquidation Auction

About the AuthorDeb Weidenhamer is President of Auctions Systems Auctioneers & Appraisers, Inc., based in Phoenix, Arizona. They specialize in auctions and professional appraisals.

Visit us at http://www.auctionANDappraise.com or call 800-801-8880 for more information about Liquidation Auctions.