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Scottsdale Auction: Auction Systems’ Highly Respected Staff

Wednesday, December 1st, 2010

Auction Systems’ staff is highly respected in the auction industry. Auction Systems has had more staff in board positions of the state auctioneers association than any other auction firm. And Auction Systems’ staff is called upon to speak for the National Auctioneers Association, the Arizona State Auctioneers Association, Government Procurement Associations, Harvard School of Business, Thunderbird International School of Management, Asbury University and other state’s auctioneers associations on a regular basis. Contributing articles for publications in auction and appraisal newsletters is a priority for Auction Systems’ knowledgeable staff including Deb Weidenhamer’s monthly ethics column for Auction World magazine, all lending to Auction Systems’ auction industry credibility.

As a full service auction service provider, Auction Systems delivers promised results, a seamless process and high auction dollar recovery, not to mention “Auctiontainment” at its very best.

For more information about our Scottsdale auction, contact Auction Systems.

Tags: arizona auction, auction systems, phoenix auction, Scottsdale auction
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Online Auction: Previewing & Bidding on Items

Friday, October 22nd, 2010

This blog will provide information about previewing and bidding on items in an online auction. Whether you are an experienced online auction bidder or are new to the online auction process, this post will guide you through the process of previewing and bidding on item. It will discuss the multiple ways to preview items as well as the multiple ways to bid on items in an online auction.

Online Auction: Previewing Items

Catalog

An online catalog is commonly available on the auction house’s website typically one week prior to the live auction event.
The catalog is divided into categories. Categories are high-level locators of items. So if you are looking for a 3/8 inch drill you would find it under “Power Tools” category.

Search

You can commonly perform a search for a term in the search box of the website. The search box is exclusive to each auction ring so you may have to search in multiple rings for your search term.
You may also search by entering model numbers and brands or if you know the lot number you may also search by that number.

Descriptions & Photos

Each lot in the online auction has a description. Descriptions include name brands if available and model numbers. Other lots are described with media type such as wood, porcelain, crystal, glass and include dimensions. Furniture is described with upholstery type, wood and dimensions.
Descriptions do not include condition statements as lots are not tested. Federal law governs auction sales and all lots are sold “as is, where is”. Simply stated, “as is” means there is no certainty that the lot will be in working order and “where is” means you will be responsible to remove the lot from the location it was sold.
If you purchase a lot that is not in working order you are stuck with that item, there are no refunds or exchanges. If you have an opportunity to preview live, you should. If you are looking to buy a DVD player and you don’t have the ability to preview, we suggest you buy two or three. This buyer inconvenience is partially why auctions offer such great deals.
The auction house commonly stands behind their descriptions; however there is no statement of condition that is made. As way of an example, if they represent an item as being a Sony Laptop Computer and the lot is instead a Sanyo Laptop Computer they will give you a refund if the original item is returned within a week of purchase. If you are buying at a live auction however, the auction house does not offer the same refund option because you have the opportunity preview the lot directly.

Online Auction: Bidding on Items

There are commonly two types of online auction bids you can make. You can use one method or both methods.

Proxy Bidding

Auction lots are typically available online one week prior to the live auction event. During this time, you may place bids on auction lots.
You will put in your opening online auction bid which must be higher than the starting price or the starting bid price. So if an item has bids already on the item and is currently at $100, you will have to enter the next required bid amount which you will see displayed on the screen and also enter your maximum bid. You do not have to but in a max bid, you can simply leave the max bid blank.

Auction Bidding
You may start bidding in the online auction several days prior to the live auction event. Some auctions close bidding at midnight prior to the auction and some auctions have simulcast bidding, allowing you to bid right along with the live audience in real time.

For more information about an online auction, contact Auction Systems.

Tags: Add new tag, arizona auction, Online Auction, online auction arizona, phoenix auction
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Phoenix Auction Firm Featured on TLC Reality Show

Wednesday, October 20th, 2010

Phoenix auction firm, Auction Systems Auctioneers and Appraisers, is featured on TLC’s newest reality TV show Auctioneer$. Auctioneer$ is taking viewers into the world of high-pressure auctions. The new eight-part series airing over four weeks, starting October 9 at 10 & 10:30 PM ET/PT. Highlighting Auction Systems Auctioneers & Appraisers, Auctioneer$ introduces viewers to the unpredictable and exciting world of auctions.

Viewers will get a behind the scenes look at our business and how we manage thousands of items hitting their auction block each week, ready to be sold to the highest bidder. At these fast-paced events, our auctioneers chant away while bidders go head-to-head trying to get the deal of the century. And since our staff never knows what amazing item will come through the door next, or what story it will bring, every auction proves to be a captivating journey into the history of the items put up for bids and the auction world itself. From finding a new item to ensuring its authenticity to getting the best possible price, the new TLC series tells the complete story of each item and not only its seller, but the buyer as well.

For more information about Auctioneer$ or our Phoenix auction firm, contact Auction Systems.

Tags: auction house arizona, phoenix auction, phoenix auction firm
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Government Auction in Arizona: How to Get the Contract, Part 2

Friday, September 3rd, 2010

The next step in securing a government auction in Arizona contract is to call the procurement officer listed in the RFP and ask some basic questions about the last winning bid: what was the overall revenue from the contract, what did the winning company bid on the contract and are there any issues with this government auction contract that you should be aware of? Once you know this information, make a pro/con list and decide if you would like to bid on the contract — is the contract lucrative enough or within an area of desired expertise? Most importantly do not win a contract you can’t afford to win, it can put you out of business.

If you decide to complete the RFP remember who your audience is — a procurement officer who purchases copy machines, paper cups and computer services. I have yet to meet a procurement officer who has ever attended a government auction in Arizona, so don’t assume they know how a government auction works, write it out and explain the process. Provide complete information about your company – the more information the better, even if the RFP doesn’t ask for the information. Proposals should restate points in the RFP on a point-by-point basis.

When you do win the government auction in Arizona contract it is so important that you keep good records. Even if paperwork is not your high point, hire someone else to do the paperwork. The area of record keeping is what protects you in the event of a problem with your contract and the rule all government agencies live by is “the one with the most papers at the end of the day – wins”.

I highly recommend that you make at least one attempt to win a government auction contract. Conducting government contractions means added visibility for your company and lends to your firm’s credibility. You will certainly attract new bidders to your auctions along with creating a dependable stream of income from regularly scheduled government auctions.

For more information about a government auction in Arizona, contact Auction Systems.

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Phoenix Auction House: Buying Tips for Auctions, Part 3

Monday, May 3rd, 2010

Phoenix Auction House: Buying Tips for Auctions, Part 3

Auction Systems’ auction buyer tips will help you avoid the most common mistakes made by Phoenix auction buyers. Read up on laws, rules, bidding tips and buyer rights below:

Auction Buyer Tip #7: Don’t be shy about bidding loud and large. Raise your bid card in the air if you want an item and keep it up until you are done bidding. Make certain the auctioneer is aware you are bidding because the auctioneer may be taking bids from someone in front of or behind you. Once the auctioneer says “sold,” the item is gone even if you are willing to continue bidding. There are no do-overs in the Phoenix auction business. Spotters or ringmen are there to help the auctioneer spot bids and will signal your bid to the auctioneer.

Auction Buyer Tip #8: When the Phoenix auction starts, you will hear a ringman call out a lot number and give a brief description of the item. The auctioneer will begin selling the item and will ask for you to bid. The auctioneer continues to go up in increments until the item has been sold. Once the bidding has closed, the auctioneer will say “sold” and state the winning bidder’s number and the final selling price.

Auction Buyer Tip #9: During the Phoenix auction, clerks record the description of your items and your buyer number as well as the amount you paid for the item.

Auction Buyer Tip #10: There are some terms that are used during a Phoenix auction of which you need to be aware. These terms are “choice” and “all for one money.”

For more information about Phoenix auctions or for more buying tips, contact Auction Systems.

Tags: arizona auction, auction and appraise, auction systems, phoenix auction
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Selling Tips For Scottsdale Public Auctions, Part 2

Wednesday, April 28th, 2010

The quickest way to secure capital from unproductive assets is by selling at a public auction. Auction Systems offers three types of public auctions to serve the needs of clients selling at auction: Live Auctions, Simulcast Auctions, Internet Only Auctions and we also offer Private Auctions.

Simulcast Selling at Auction Methodology
Simulcast Auction combines the live public auction method along with the Internet. Assets can be liquidated on location at your business, home or at our warehouse. Your merchandise appears for sale on the Internet at the same time as in the live public auction. Merchandise is photographed and a description is written for the asset – this information is placed on the Internet at least one week prior to the live event and allows Internet participants to preview and leave proxy bids for item(s) they want to purchase. On auction day, the buyer may either attend the public auction in person or bid from their home or office computer, bidding in real time against other live and Internet auction bidders. The simulcast selling at auction method takes longer to administer and set-up, however the additional revenue created from a worldwide audience can be substantial for our sellers.

Internet Selling at Auction Methodology
Internet Auctions are typically used as a way to sell special collections and small antiques that only appeal to a very selective buyer base. Assets are brought to our Internet sales division, and each item is photographed, a description is written for each item, which is posted to an Internet auction such as E-bay. The process of selling at auction on the Internet only auction is the longest auction to administer because of the length of time it takes to research the items for auction; however in special situations it produces the highest possible revenue for our sellers.

For more information about public auctions or more selling tips, contact Auction Systems Auctioneers & Appraisers.

Tags: auction and appraise, auction systems, public auctions, scottsdale public auctions
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Auction Systems to Begin Hosting Weekly Fast Cash Auction

Tuesday, April 27th, 2010

Auction Systems will be hosting weekly live fast cash auctions beginning May 3, 2010. These fast cash auctions will be a reminiscent of auctions of the past. They will offer individuals the opportunity to bring in items on the day of the auction, have them previewed by interested buyers and receive payment for items sold on the same day.

Auction Systems will be inviting any individual who is interested in selling their valuables at a fast cash auction to participate. Participants will simply have to choose an auction date and bring in their items. These items will then be available to be previewed by Auction Systems’ diverse group of buyers.

These fast cash auctions will begin Monday, May 3, 2010 at Auction Systems located at 951 W. Watkins in Phoenix, AZ and will be held weekly. Auctions will be held Monday nights at 5:30 p.m. Prospective sellers will be invited to bring in their items Sunday from 12 p.m. to 4 p.m. and Monday from 8 a.m. to 1 p.m. Items will then be available for preview on Mondays from 1 p.m. to 5:30 p.m.

For more information about Auction Systems’ fast cash auctions as well as our other auction events, contact Auction Systems.

Tags: auction and appraise, auction systems, cash auctions, fast cash auctions, weekly auctions
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Selling Tips For Scottsdale Auctions, Part 1

Monday, April 26th, 2010

The quickest way to secure capital from unproductive assets is by selling at a Scottsdale auction. And the surest way to realize the highest cash return is to call upon the services of Auction Systems Auctioneers & Appraisers, Inc. Our firm has produced millions of dollars for sellers in the history of our operation. With statistics such as these, it’s no wonder our auction and appraisal firm conducts more than eighty auctions a year, selling virtually every type of industrial, commercial and personal asset. Auction Systems offers four types of Scottsdale auctions to serve the needs of clients selling at auction: Live Auctions, Simulcast Auctions, Internet Only Auctions and Private Auctions.

Live Auctions
Live Auction allows assets to be liquidated on location at your business or home; or the assets can be sold along with the merchandise of other consigners at our warehouse. Regardless of location, our Scottsdale auctions are thoughtfully set-up to properly display the merchandise for sale. Careful attention is paid to divide and combine assets in a way that will bring the highest sale dollar possible. An individual advertising campaign is designed for the selling merchandise and is targeted towards the buyers that will pay the maximum amount for the assets. The live selling at Scottsdale auction method creates a sense of urgency for the buyer and brings about the quickest cash settlement for our sellers.

For more information about Scottsdale auctions or more selling tips, contact Auction Systems Auctioneers & Appraisers.

Tags: auction and appraise, auction systems, public auctions, scottsdale public auctions
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Mesa Auction House: Buying Tips for Auctions, Part 2

Wednesday, April 7th, 2010

Avoid making common mistakes made by Mesa Auction buyers by following our auction buyer tips. Read up on laws, rules, bidding tips and buyer rights below:

Auction Buyer Tip #4: The moment the auctioneer says “sold,” the ownership of the item being auctioned has changed hands. This is the law. If your merchandise is later stolen, you will still have to pay for it. It is no different than having your wallet or purse stolen while shopping at a store.

Auction Buyer Tip #5: Know what you are bidding on by closely inspecting each item before the Mesa auction. This is why an auction preview is offered. Use your own evaluation as your bidding guide, not the auctioneer’s description or other bidders’ comments. You are buying the merchandise “AS IS” with no guarantees of any kind from the seller or auctioneer. The risk of the item not being what you wanted should be factored into your bidding amount.

Auction Buyer Tip #6: A fast-moving Mesa auction benefits both buyers and sellers. Auctioneers have the right to reject any bid amount that would slow the bidding. Auctioneers cannot wait for slow bidders, so know in advance what to buy and how much to spend. Your inability to keep up with the bidding pace is not the auctioneers’ concern.

For more information about Mesa auctions or buying tips, contact Auction Systems.

Tags: Mesa auction
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Scottsdale Auction House: Buying Tips for Auctions, Part 1

Tuesday, April 6th, 2010

Auction buyer tips will help you avoid common mistakes made by Scottsdale auction buyers. Read up on laws, rules, bidding tips and buyer rights below:

Auction Buyer Tip #1: Do not mistake Scottsdale auctions for retail sales. The two have very little in common. Auctions are different from retail because auctions are governed by federal laws, state laws, Uniform Commercial Codes and city ordinances. When you bid at a Scottsdale auction you actually enter a legal contract.

Auction Buyer Tip #2: You must have a bidder’s card in order to buy at the Scottsdale auction. To obtain a bidder’s card, you must put down a deposit for a bid card. This insures that you will pay for all your purchases that you bid on. Once you pay for your items or decide to leave the auction without purchasing any items, your deposit is immediately returned to you. If you do bid and win, your deposit is applied to the purchases.

Auction Buyer Tip #3: Be careful when you bid on lots. Know how much you are bidding and whether you are bidding against your spouse, parent, sibling or friend. Although you can retract a bid while the bidding is open, you cannot retract it once the auctioneer has said “sold.” Auctioneers expect you to take full responsibility for your bids.

For more information about Scottsdale auction houses or buying tips, contact Auction Systems.

Tags: Scottsdale auction
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