Archive for the ‘phoenix auction firm’ Category

Phoenix Auctioneer: Bidding at a Live Auction

Monday, October 25th, 2010

This blog post will provide information about bidding on items at an auction led by a Phoenix auctioneer. Whether you are an experienced bidder or have never participated in an auction this post will guide you through the auction process. It will provide information about previewing items prior to the auction as well as the actual live auction.

Getting Started

Preview – your opportunity to inspect, touch and test auction product.

  • Preview of auction property commonly opens one hour prior to the live auction start time.
  • There is typically a preview one day prior to the auction event.

How to Preview

Catalog

  • Pick up an auction catalog, which is the sequential numbered lot by lot listing of the auction product offerings.
  • You can commonly pick up a catalog at the entry of the auction previews or print a catalog online.

Browse

  • Browse the auction as items are merchandized very similar to a retail location with like items in the general vicinity of each other.  Ask for assistance to find certain types of auction product as it changes with each new auction event.

Inspection

  • There are two auction labels on each auction lot (a lot can be multiple items all selling together or a single item selling alone).
    • The first label has a large lot number and bar code indicating its order in the auction.  This number corresponds to the lot number in your catalog.
    • The second label is the lot’s inventory control information that follows the lot from its entry into the auction to its exit out the auction facility door.
  • Inspection can be the most important key to making a wise bidding decision.  Auction product is not tested and there are no refunds or exchanges.  You need to rely on your own inspection, research and information to make sure the lot meets your requirements.

The Live Event

Announcements

  • Each auction begins with the Phoenix auctioneer making a series of announcements about the auction.  Listening to the announcements often provides last minute information about lot additions or subtractions, load out information for purchased merchandise and other factors that may influence your bidding decisions.
  • Announcements are made prior to the first bid being called and all auction terms are superseded by announcements made the day of auction.  If you have questions, ask the Phoenix auctioneer or auction house staff.

Lot Offering

  • The Phoenix auctioneer will begin to sell the first item.  He or she will announce the lot number and read a brief description of the item or items being offered for sale.
  • The Phoenix auctioneer will begin to ask for a bid.  Oftentimes immediately the Internet Clerk will respond with an opening bid.
  • Opening bids from the Internet represent bids that have been placed on the item over the Internet for the past week by other bidders that are not attending the auction in person.
  • The Phoenix auctioneer will acknowledge the bid and ask for another higher bid from the live audience.
  • At the same time the Internet Clerk is also watching their screen for additional bids that are coming in from the simulcast bidders participating right alongside the live audience bidders.  If bids appear the Internet Clerk calls out to the Phoenix auctioneer to let them know the new bid amount.
  • The Phoenix auctioneer continues with the process asking for bids from all participants until the bidding ends.
  • When bidding has ended, the Phoenix auctioneer will say, “closed”.  Which means the item is closed for bidding.  The Phoenix auctioneer will instruct the Clerk how much the item sold for and how much it sold for.
  • The process continues on for each item selling in sequential lot number order until all items have been sold.
  • Typically about 100 lots per hour are sold at auction.
  • Multiple auctions can be going on at the same time.  These multiple auctions are referred to as “rings” similar to a circus that is a three-ring circus.  Registering to be a buyer at an auction gives you access and ability to bid in all the rings of the auction.

For more information about auctions or a Phoenix auctioneer, contact Auction Systems.

Online Auctions Are Easy To Do

Wednesday, September 15th, 2010

Online auctions are easy to participate in and understand because they are run similar to a live auction. At Auction Systems, we believe in providing a user friendly system for people to participate in our auctions.

With more and more people interested in the savings that can be found by participating in online auctions it is becoming a more popular way to shop. At Auction Systems you can browse items even without registering with the site. Then when you see an item you want you can register to bid online and start saving money.

For more information on online auctions, contact Auction Systems.

Government Auction: How to Get the Contract, Part 1

Wednesday, September 1st, 2010

This post will provide information about how to get government auction contracts. The first step is to find out where the government auctions are being conducted; you will need to obtain a list of government agency’s procurement offices. Most states have an Office of Cities and Counties that produces a list for $5-$10. Once you have the list you will want to have your company’s information placed on a vendor’s list for the agency you would like to work with.

There are three ways in which your information can get to these agencies; you can call, write or subscribe to a service that makes your company aware of upcoming bid opportunities; I have done all three and recommend writing. Mail a simple postcard that states, “we request our company’s information be placed on the vendor’s list for upcoming contracting opportunities in auctioneering or liquidation services.” Remember to include your company’s name, address and telephone number. If you decide to make telephone calls, be prepared to stay on hold and probably be told your request needs to be in writing. If you subscribe to a service such as Bid Source, be aware that there is not a SIC code for auctioneering services which makes it difficult for these services to flag bidding opportunities for your company. When I subscribed, to this service they missed five bid opportunities in one month.

The government office will notify you when a government auction is coming up for bid by sending you a Request For Proposal (RFP). Once you receive the RFP read through the entire document and highlight areas of concern such as costs, who pays advertising, how much staff is required, is there a delay in reimbursement of costs and etc. Read very, very carefully because you will need to fulfill and address every point in the RFP. Make a list of your company’s expertise along with areas that will be hard to address within the RFP.

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

Tempe Auction House Updates Radio Network

Monday, August 30th, 2010

Tempe auction house, Auction Systems Auctioneers & Appraisers Inc., has recently updated the automation system and the programming of their Auction Systems Radio Network.

The Auction Systems Radio Network Auction is a live auction radio network that Auction Systems broadcasts over the Internet. The station broadcasts live auctions including Phoenix Police and business liquidation auctions and the greatest hits from the 50s, 60s, 70s, 80, 90s and today.

The Auction System Radio Network has recently upgraded to a new automation system called Digital Jukebox. This new automation system adds a couple key features including: Automatic Start-up that works in case of a power outage the system will reboot itself to begin playing where it left off, voice tracking that will give ASRN a more “Live Sound” with announcers being able to talk between songs, weather and temperature announcements and a “Now playing” feature that shows what song is currently playing on the Web site.

The Auction Systems Radio Network has also made a number of updates to its programming. The network will be adding a daily news and commentary show each week day morning, a 60 second profile of America, a 60 second mental health update and a 60 second health report.

The Auction Systems Radio Network’s main thrust is to promote Auction Systems and auction events in Arizona but they also aim to provide a full service radio station. Meaning that they are not just a music or talk station but provide several means of entertainment for their listeners. Auction Systems believes this full service format appeals to a much broader base and provides something for all auction lovers

For more information about our Tempe auction house’s radio network, contact Auction Systems.

Selling Items at a Fast Cash Auction in Phoenix, Part 2

Wednesday, August 25th, 2010

A fast cash auction in Phoenix offers 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.

How does Fast Cash Auction work once I sign up as a Seller?

After signing a one-time required Seller contract, there are four easy steps involved in selling at the Fast Cash auction in Phoenix.

  • You are invited to bring anything you wish to sell (within moral & legal guidelines – no live animals) to the auction house to set up
  • You are assigned tables for the product, and will unload and set up the product at the assigned location. The Seller is not required to stay during the preview; however, he/she must be present for the auction. You must remove ALL unsold product prior to receiving payment
  • At the end of the auction simply pick up your check.

What are the benefits of selling product at the Fast Cash Auction in Phoenix?

  • An auction house will actively advertise the Fast Cash Auction as follows:

    • Television commercials currently running on network channels, Cox Cable, & Telefutura
    • LED billboards throughout the Valley
    • Weekly Arizona Republic newspaper
    • 92 weekly and daily newspapers across Arizona
    • Email blasts
    • Text message marketing
    • Weekly Telemarketing
    • Radio including Entravision
    • Signage throughout the Valley, & more to maximize attendance.
  • The auction house will also provide:

    • Location
    • Tables for your inventory
    • Clerking & cashiering staff & technology
    • Auctioneer
    • Guaranteed same day settlement.

How is selling at the Fast Cash Auction different than selling items at regular auctions?

The Fast Cash Auction in Phoenix pays the Seller the same night as the auction. In this rough economy, Fast Cash Auction in Phoenix hands the Seller the key to his/her turnkey operation by allowing him/her to participate in all aspects of the program (choosing when to sell, product delivery, setup, preview participation) with a guaranteed payout the same day.

For more information about a Fast Cash auction in Phoenix, contact Auction Systems.

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.

Phoenix Auction Featuring Designer Furniture and Luxury Home Decor

Tuesday, July 7th, 2009

Designer furniture and luxury home decor will be available to the public at a Phoenix auction held by Auction Systems Auctioneers & Appraisers, Inc. on Saturday, July 11, 2009. View a list of furniture and decor designers.

Auction Systems Auctioneers & Appraisers to Host Open House

Friday, April 17th, 2009

Auction Systems Auctioneers & Appraisers announces the Open House for their new location. On Friday, May 1, 2009, Auction Systems will open the doors to their new 112,000 square-foot, state of the art auction complex located at 951 West Watkins Street in Phoenix, Arizona off Interstate 17 and 7th Avenue. This new facility provides auction-goers with greater service and more amenities like climate control, 3+ acres of parking, easy access, ability to preview cars, boats and recreational vehicles indoors and a children’s auctiontainment center.

Heavy Equipment Material Handling Auction – Auction Systems, Phoenix, AZ

Friday, April 17th, 2009

Heavy equipment will be available to the public at Auction Systems Auctioneers & Appraisers, Inc. Arizona warehouse in Phoenix next Wednesday, April 22, 2009. Construction companies, general contractors and subcontractors, and other interested parties are encouraged to attend our heavy equipment auction. If you’re looking for good prices on things like forklifts, excavators, flatbeds or propane trucks for your business, you will definitely find them at Auction Systems.

On Wednesday, April 22, 2009, the auction will begin at 10:00 A.M. MST at the new Auction Systems Auctioneers & Appraisers, Inc. location: 951 West Watkins in Phoenix, AZ. All of the items listed in the auction may be previewed and inspected by interested bidders on Tuesday, April 21, 2009 from 10:00 A.M. to 2:00 P.M. and on auction day, Wednesday, April 22, 2009 from 9:00 A.M. to 10:00 A.M., one hour prior to the auction. Some of the items available at Auction Systems’ heavy equipment auction include: Dump Trucks, Kubota Excavators, Propane Trucks, Forklifts, Cabs, Flatbed Trucks, Bobcat Excavators and more.

View the heavy equipment auction catalog at auctionANDappraise.com

Phoenix Police Stolen & Forfeited Jewelry & Property Auction, Fiduciary Trusts, Bank Forced Liquidations

Friday, April 17th, 2009

Auction Systems announces auction of Phoenix Police stolen and forfeited items, jewelry, property, fiduciary trusts and bank forced liquidation this Saturday April 18, 2009 at 9 am (MST). View the complete auction catalog of Jewelry, Furniture, Appliances, Autos, Commercial Equipment, Electronics, Audio & Video components, Computers & Related items, Optics, Kinives & Swords, Sporting Goods, Tools, Electronics & so much more.

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