We offer two types of auction services: traditional and internet based.
Traditional Auction--Onsite or Offsite
Items are offered for sale at a set time, date and designated location. An auctioneer chants – crys the auction with buyers bidding in person. Items offered for sale are displayed for buyers to view on tables, display cabinets, and/or trailers.
Buyers – bidders receive a bidding number which identifies them. In order to receive a number they need to provide documentation, such as driver license, for the clerks and auction company to properly identify themselves. The clerks are the people who give out bidding numbers and write down the price a item sells for and they collect the money owed on items purchased.
At the conclusion of the sale of items buyers pay for an items at the clerk station and then remove the items from the auction site.
Marketing A complete inventory is taken at least one month prior to auction date. Digital photos are taken of each item and a color brochure or auction flyer is created for posting and mailing to contacts. Various internet sites and local and national papers are used. Radio ads are an option as well, all providing upcoming auction dates and time.
Auction set up crew is supplied if sellers do not have proper labor or set up provisions. A lunch or concession is ordered and arranged so buyers have opportunity to have something to eat or drink during the auction. Portable biffys are arranged so attendees have a restroom available without having to leave auction site.
Features of traditional auctions --Set time and date of sale. --Buyers get to see the real item, not just a picture. --Buyers remove items from the site, less labor and time. --No fees for moving items or shipping and handling.
This is a short synopsis of traditional auction – if you have further questions on how a traditional auction may work for you – give Doug a call – or email anytime.
Online Auctions--Internet Bidding
Online auctions are a new way of doing auctions that allow the items to be offered on the internet. The items offered for sale are inventoried and lot numbered so that a buyer may bid on individual items within a time frame we determine. A digital photo is taken of the item to accompany a description. Buyers have to register with the internet hosting company using a form similar to receiving a bidding number at a traditional auction and then are able to place bids on an item of interest using their own username/password created account. Buyers need to have credit card or bank wire transfer ability to pay for items or PayPal services or debit card to bid and purchase with a online auction.
Most internet auctions run under some of the same terms and conditions as eBay and have what is referred to a buyer’s fee or buyer’s premium. These fees are paid by the buyer for the fees to use a internet based auction. In the event the buyer does not pay or pickup item the internet based company has provisions in place to collect from the buyer and/or seek legal action if buyer does not perform. Once the internet auction closes, the buyer is responsible for paying for item – making shipping and handling arrangements and paying for these services.
Features of internet auctions --Offers 24 hr exposure for the items being sold all over the world. --Buyers can bid or view items online anytime. --Buyer arranges and handles shipping. --Buyer pays fees. --Need to make a more detailed inventory of items.
If you have further questions on how a internet – online based auction works – please give Doug a call or email.
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