We specialize in creating personal property auction solutions that maximize the sale of assets in a efficient and timely manner.
read more › The following is a glossary of auction terms developed by the National Auctioneers Association and the Auction Marketing Institute. A procedure that allows a bidder to participate in the bidding process without being physically present. Generally, a bidder submits an offer on an item prior to the auction. Absentee bids are usually handled under an established set of guidelines by the auctioneer or his representative. The particular rules and procedures of absentee bids are unique to each auction company.
read more › Almost all item(s) sold at auction are sold AS IS, WHERE IS, meaning it is the responsibility of the buyer to inspect the item (s). If so how much, Remember the buyers premium is added to your final bid price so keep that in mind when bidding. Always keep your bidding card with you while at the auction. Discard the card after you get home. Remember the auction registers you with the bidding number and that is how they tell how much you owe. If someone else picks up your card and bids with your number you will owe the money for it.
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