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Auction Handbook - Auction Tips

Auction tips:

  1. Before traveling any considerable distance to the auction, you should obtain a catalogue of items to ensure the goods for sale are what you require.
    Certain auctions can be subject to cancellation at short notice and it is therefore a good idea to phone on the morning of the sale to confirm the sale is going ahead.

     

  2. You should inspect the items thoroughly as most auction items are sold without guarantees, if items are described as faulty check that the faults can be easily repaired, sometimes you can test the goods before the auction starts, ask the auctioneer if this is possible.
    Some motor vehicle auctions give you a period of time after the sale in which to return the vehicle if it is found to be faulty, again check this with the auctioneer prior to bidding.

     

  3. Think about setting yourself a price limit on the goods you are interested in and "stick to it", how much would the item cost new with a guarantee?
    Remember a "buyers premium" may be added to the final bid price at some auctions and local taxes may also be added to the price ( check the "conditions of sale" in the catalogue or consult the auctioneer before bidding )

     

  4. Catalogues are not set in stone and items listed can change.

     

  5. Listen out for any changes stated by the auctioneer in the description they give of the item at the start of bidding.

     

  6. If you bid for the wrong lot, tell the auctioneer immediately, although you have a legal obligation once you have won the bidding the auctioneer may present the item for auction again, but this is purely at the auctioneers discretion and you may have to make up any difference if the final price is lower than your original successful bid.


 

 

See below to check out the dates of our upcoming events (click on the dates to view details!

 


 

Taking Email Bids  On-Site Real Estate Auction - Taking Bids by Email Now!

December 3, 2008   Wednesday Night Public Auction - 4:00PM

December 6, 2008    On-Site Public Estate Auction - 10:00AM

December 6, 2008    On-Site Real Estate Auction - 2:00PM

December 13, 2008   Wholesaler's Liquidation Sale - 150+ Generators -  10:00AM

January 17, 2009      On-Site Public Estate Auction - 10:00AM

January 17, 2009      On-Site Real Estate Auction - 2:00PM

 

 

 

 
 

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