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Thursday, February 9, 2012

Tips for Buying at an auction.

Auctions are fun and entertaining, but being an aware buyer can make your experience even better.  Here are some tips I hope helps you in having a fulfilling Auction experience.


1. Pay attention to the Auctioneer, they make announcements about the auction, before and during the auction.

2. Pay attention to key words like "choice" and " all for one money".

3. You are legally responsible for all purchases made.

4. Once you win an item it is yours, and the responsibility for care of that item now rests on you, so if you buy it and then break it....that is not the responsibility to the auction house to take it back, and the auction house accepts no liability if it gets stolen. 

5. You can't be shy at an auction, if you want the item you make your presence known, either by verbally announcing your bid or by hoisting your bid card or paddle up for the auctioneer to see.  There are no do-overs in an auction, so once the item is sold, it is gone forever.

6. Most auctions move fast, so pay attention to the pace of the auction you don't want to think to long and regret missing an item.

7.  Most auctions open early for perusal, take the opportunity to walk the floor and take notes on anything you want to bid on, take down lot numbers or key item descriptions to help you keep an ear out.

8.  Inspect items before auction starts:  Most auctions are "AS IS WHERE IS" simply that means buyer beware because there are no take backs.

9.  You must register in order to bid at an auction, make sure you have information handy for the registrar to make the process run smooth and quickly.

10.Auctions are not retail establishments, once you bid on an item you have legally placed yourself in a contract for payment, you can not bid and win an item and then change your mind before checkout, once the Auctioneer has "SOLD" it to your number....its yours.

Remember these helpful tips and you will find auctions fun and rewarding. 

Find an Auctioneer near you

Auctionzip

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