Traditional auction or online or a hybrid auction; what should we do? Well, a lot depends on the type of merchandise you have to offer. A seller should call and meet with an experienced auctioneer who can help determine the right type of auction that will be best for you. It is no different than when you are getting work done on your home. Do your homework and know that experience is the right investment. Calling for a bid on a house remodel or repair over the phone is not an easy task, and it is the same for an auctioneer. To get a good bid and a good understanding of what’s involved, the parties should meet in person to learn more. Being an auctioneer and realtor for over 30 years, I have seen the ups and downs in the market and the multiple ways to sell many different items. Having worked with many other auctioneers and realtors has given me a great network and great working relationships. Our past clients are our seal of satisfaction.
Hope this finds everyone well and ready to sell the auction way and/or visit one of our premier auctions and make a purchase. If you are considering having a sale, give me a call for a free onsite, in person evaluation.
No matter what you need to sell, auctions are the best way to get the best price in the shortest time. Real Estate, farm equipment and personal property can all be sold at auction. Auctions create Action and Quick Results. The Auction method has stood the test of time - no matter what you're selling: real estate; business liquidation; farm; estate; or personal property.
Experienced! Doug has spent over 20 years in real estate, is a licensed real estate broker and has over 25 years of auctioneer experience with all types of auctions. We can provide you with everything you need to make your auction a success and offer a FREE ONSITE EVALUATION of your property.
Sell your Real Estate! Since we have been a licensed Real Estate Broker for the past 10 years we can even sell your house or land at auction. Property new to the market will often bring a better price when sold at auction.
Personalized Auction Services! We can give you a more personalized auction with a more controlled atmosphere onsite or internet-based. Reach out to Doug directly via phone at (320) 630-6651 or email [email protected] anytime!
Get a Great Rate! After viewing the items you want to sell, we perform a cost analysis, discuss rates, terms and set a date. Marketing comes next with an individually designed poster, pictures gathered and all published here - with your own site page!
Auction updates
The auction method of selling has stood the test of time whether using the traditional onsite live or online only or live and online. When considering selling anything, an auction is the way to go. Some of the big changes we have seen in the last year have been the tax laws and what gets taxed and what doesn't. Another change is what should be sold live auction or what should be sold online only or using both methods at one time. As a seller, it is imperative to understand the pros and cons of both methods. As a buyer it’s important to understand that 90% of online auctions have very specific ground rules and expenses as a buyer - buyer’s premium being the biggest one and shipping. Understanding the importance of knowing what you are buying prior to bidding. As a seasoned auctioneer, I highly recommend to sellers and buyers the importance of having a viewing of items on any auction so that everyone is aware of what they are buying and the expenses that a buyer may incur during the transaction.
Methods of marketing are in a constant change as well.
How much do we print of paper media?
Should we run a radio or TV ad?
What is our online presences like?
What is a fair balance to get the word out?
Commission is an important aspect and can be a negotiable item. When considering an auction company, consider what added-value services are provided. This may include experience, reputation, knowledge of the items being sold, properly licensed and bonded, and marketing capabilities. Each of these items are important and often times justify the commission expense. Having a positive reputation with previous sellers and buyers and being a member the state association also bring value. Hiring an auctioneer is very similar to hiring a plumber, electrician, or a carpenter - each need to understand what they are working with to create a plan of success.
Selling real estate at auction is a great first option if the property is unique or has never been exposed to the current market. Selling real estate at auction provides great exposure, maximizing time on the market. This process can sometimes supersedes what a traditional market can get, achieving top dollar with multiple potential buyers. Another great advantage is that the seller sets the terms upfront and negotiations complete within 24 hours or less, no waiting!
If you are thinking of having an auction, give me a call! (320) 630-6651
Our rates are great! And after viewing the merchandise, we will establish costs incurred and services offered.
General Auction Terms
All items are sold "as is", no warranties implied or expressed. All items need to be settled for before leaving premises. Once an item is sold, it is the buyers sole responsibility to settle for an item and remove in a timely fashion. Seller and auction company are not responsible for theft or damage of any item after it is sold. All sales are final.
Credit cards accepted with proper ID of buyer/card owner with a 5% processing fee on all credit card purchase.
Auction terms are subject to change.
All rights reserved, Amazing Auctions, LLC Hinckley MN 55037