Amazing Auctions            
We Deliver Amazine Results
Home Calendar Real Estate Frequently Asked Questions
(320)-630-6651 or (866)-384-7421
 

Frequently asked questions

- How do I arrange to have an auction and how long does it take to set up?
- Once it’s set up, how do people find out about the auction?
- When something is sold at an auction, who takes care of collecting the money?
- What is a buyer’s premium?
- What type of equipment is needed for the sale and do you provide it?
- I want to sell my home or land at an auction, how do I do that?

How do I arrange to have an auction and how long does it take to set up?

Most important is that you take inventory of the items that you plan to sell at auction. Keep in mind the condition of the items and be realistic about their value. Then call Amazing Auctions (320) 384-7132 to arrange a sales date. We will then review the items with you and help set up cost provisions and time elements to help maximize their exposure.


Allow at least 2 or 3 weeks of lead time to allow advertising to take effect. Take some of that time to clean or repair any items to help improve their value.

Back to top

Once it’s set up, how do people find out about the auction?

We use several methods to help potential buyers find out about your auction

- Flyers: we will prepare an attractive professional looking flyer advertising your sale. In many markets this is the most effective means of getting the word out to those most likely to attend an auction

- Internet web site: .we place information on the internet on this and other web sites to help promote your sale. This is fast becoming a favorite place for people to search quickly for auctions in their areas.

- Newspapers, radio and mailing lists: when appropriate we will add newspapers or radio advertisements to help people learn about your auction. We also have a client list of people who like to attend auctions.

Back to top

When something is sold at an auction, who takes care of collecting the money?

Our auction clerks track the accepted bids for each item and the bidders number. They will then collect the funds from the buyer and account for all bills and expenses.

Back to Top

What is a buyer’s premium?

In general we at Amazing Auctions do not use a buyers premium. This is often a fee added to the price bid on an item at auction either in the form of a set dollar amount or commission basis. We often find most bidders don't understand a buyers premium and may not bid thus reducing the overall price received.

Back to Top


What type of equipment is needed for the sale and do you provide it?


Other than a location large enough to accommodate the merchandise and people in attendance, Amazing Auctions can provide you with most items needed for the sale. This includes selling tables, boxes for smaller items and wagons or trailers for tools or other general merchandise.


Back to Top


I want to sell my home or land at an auction, how do I do that?

The experienced people at Amazing Auctions will help you through the steps needed to evaluate your property's value and work with you to get the best possible price in the shortest time. When selling at auction a realistic pricing expectations for the property and proper exposure through advertising will help draw motivated buyers to the sale. Auctioneers experienced in the sale of real estate at auction and through more traditional methods is also important in getting the best value for your property.

Back to Top

 
   
     
 
   
   
       
     
       
     
       
     
       
     
       
All rights reserved, Amazing Auctions, LLC Hinckley MN 55037