Tips for Selling at Auction

Selling at auction is pretty cut and dry but I wanted to give some pointers to help make choosing where and who sells your items and to what market the auction house sells to.  Going into the situation with all the tools you need to succeed is top on the list.

1. Do your research.
    Go to several auction houses and auctions to see what type of auctioneer you prefer, after all you will be dealing with them from the get go.

2.  What kind of Auction do you want to have.
      Do you want an absolute auction, a public auction, private auction, online, onsite, or at a designated area?

3.  Understand the rules of the Auction House and Auctioneer, ask questions be informed.

4.  Go in with the understanding that just because "you"  think its worth 100 dollars doesn't mean someone else does.  The Auctioneer should inform you of the lowest bid he or she will take per item or lot.  If you don't want to get rid of it at that price then make sure you place a reserve on the item.

5.  How does the Auctioneer Market the Sale?

6.  Is there a contract?

7.  Percentage taken and buyers premiums.

The biggest flaw of any seller is not being prepared and not gaining knowledge during the process.  A good auctioneer will help you and define the steps you need to take to have an successful auctioning experience.

Stop by my website anytime to see what auctions I have coming up in your area, clicking banner will take you to website.  Thank you for reading.
Lee