How to buy & sell at auction

Here is more information about how to by at auction and how to determine if selling at auction is right for you. Please email us if you have any questions about this process or visit the National Auctioneers website for more resource material.

Buy at Auction           Sell at Auction

BUY AT AUCTION

If you're new to auctions, there's nothing to fear. This step by step guide will show you just how easy it is to find, scout and participate in a live auction in you.

1. Find an auction
Check back often to find an auction that features your interests or needs.

2. Preview the auction
We have previews the day before, and occasionally, the day of the auction.

3. Arrive early
On the day of the auction, try and get there early enough to register and get a good seat. It not only important for you to be able to see the auctioneer, but for the auctioneer to be able to see you.

4. Inspect
Carefully inspect any items you're interested in. Are they damaged? Do you see other people looking at the same items? How much competition does it look like you're up against?

5. Set a price
What are you willing to bid? You should have a number in mind, so you don't go way over your budget in the heat of the moment. Don't forget to include your total costs, like repairs and decorations. Use the bidder's package you were given—if you were given one—at registration.

6. Bid
Have fun! Carefully follow the auction and get a feel for who you're bidding against. And remember, the maximum bid you're willing to make is just that; a maximum. Don't jump to that number unless it's necessary. You might very well get the item you want for much less.

7. Pay
If you win, find the Bookkeeper or Clerk and take care of your bill.

8. Enjoy!

Information taken from National Auctioneers Association website at

www.auctioneers.org