Archive for the ‘phoenix auctions’ Category

Buyers Can Find Many Great Items at the Phoenix Surplus Auction

Tuesday, April 9th, 2013

Phoenix surplus auctionHave you ever checked out a surplus auction? If not, you are missing the chance to get good deals on a wide variety of useful items. A surplus auction is when a municipality or organization holds an auction to get rid of property it can no longer use. In order to clear inventory and raise funds, they will often hold an auction. The reasons for the sale can vary. Sometimes the municipality ordered too much of an item or had leftover materials after a project was completed. For buyers, these types of sales—such as the Phoenix surplus auction—can be a great way to find a wide variety of new or usable items at great prices.

At the Phoenix surplus auction, you will have the opportunity to buy a wide variety of items, which can include school supplies and equipment, restaurant equipment and a large assortment of other items.

Remember, just as with any other type of auction, the surplus auction items are sold on an “as is” basis. There are no guarantees and no refunds (except in the event that a description of the product is incorrect).  Prior to the Phoenix surplus auction, you will have a chance to browse and inspect the items for sale at the pre-auction preview.

Auctions Offer Great Deals on Phoenix Seized Property

Thursday, April 4th, 2013

Phoenix seized propertyA seized property auction often happens when law enforcement or a government agency seizes property of an individual found guilty of a crime. Most property is seized due to smuggling, drug trafficking, money laundering, credit card fraud, food stamp fraud, mail fraud or other illegal activity. During raids, personal property is often seized. The agency must then unload the confiscated property in auctions. This type of property can also be referred to as Forfeiture.

Like any large city, Phoenix has quite a bit of seized property. Among the Phoenix seized property you may find, items can include cars, real estate, electronics, collectibles and a variety of other interesting things.

Remember, just as with any other type of auction, Phoenix seized property items are sold on an “as is” basis. There are no guarantees and no refunds (except in the event that a description of the product is incorrect).

Be sure to check our website frequently for the latest announcements on upcoming Phoenix seized property auctions.

Real Estate Auction in Phoenix: Learning How the Process Works [VIDEO]

Tuesday, February 19th, 2013

Growing in popularity, more and more people are learning how to buy property at a real estate auction in Phoenix.  Investors have long used auctions as a way to find good real estate investments.  Now, the general population is taking advantage of property auctions in greater numbers as well.

Take a look at this video to find out more details about Real Estate Auction in Phoenix.

For more information on Real Estate Auction in Phoenix, contact Auction Systems Auctioneers & Appraisers.

Prepare for your Visit to an Auction in Phoenix

Thursday, January 17th, 2013

auction in PhoenixBefore you plan on visiting an auction in Phoenix you should prepare yourself and anyone who might be joining you. This will help you make the most of the auction and allow you to purchase the items you want.

What you need to do before visiting an auction in Phoenix

  1. Go online If you want to visit an auction in Phoenix the first step is to go online and find an auction near you. You may already know what you are looking for and in that case, look for an auction that will have that item(s). If you are just going for the experience or to see what you can find, it will also help you to look online at the inventory and get an idea of what you can purchase. If nothing interests you, you can always visit another auction that might be more appealing.
  2. Research If you are looking for a specific item or you find something on the site that you would like to purchase, research it. Research the retail cost and the independent seller cost, and research the actual item itself. Most auctions provide you with a detailed description of each item, but you also want to research personal and professional reviews of the item to discover if there are any problems with it.
  3. Bring money Depending on what you want, will determine how much money you need to bring to an auction. We suggest that you bring enough money to purchase the item you want and a little extra in case something else catches your eye. Once you are at the auction and you place your bid, if you win, by the law, the item is yours. Be cautious of what you want to spend and bring a friend who will help you stay clear minded. It is easy to get wrapped up in the excitement of an auction and purchase something you don’t want or need, or worse, something you can’t afford.

Visiting an auction in Phoenix can be very exciting. Just make sure that you take the proper steps to prepare yourself and your wallet beforehand.

Phoenix Auctions: Why You can Score a Bargain at a Local Auction [VIDEO]

Tuesday, September 4th, 2012

Conducted locally, many Phoenix auctions are not held in conjunction with a government agency.  Therefore, the rules and inventory can vary depending on the entity holding the auction.

Local Phoenix auctions are held for many reasons.  In some cases, individuals may not want to involve the courts in satisfying creditors.  So, they may choose to conduct an auction to quickly liquidate their inventory or assets and pay their debts.  Often the need to gain access to cash causes many items to be auctioned at deep discounts.

Watch the video below for more information on how to score big at a local Phoenix auction.

For more information on Phoenix auctions, contact Auction Systems today or read this article on Phoenix auctions.

Phoenix Auctions Put You in the Action

Sunday, August 5th, 2012

One of the best ways to save money every time you buy a big ticket item is to learn how to use the auction system.  While it is true that there are many shady companies that sell junk, Phoenix auctions aren’t part of that crowd.  You will find only top of the line products presented at this auction house.

How to Buy at Auction

You can buy just about anything at an auction.  From rugs to cars, jewelry to coins, it is all ready to go on the block.  Your first step is to determine what you want to purchase.  Next, determine the quality of the items auctioned – do they match what you want to purchase?  If so, move on to the next step.

Your next step will be to determine if the prices are within your budget.  Whether you bid online or in person, know your limits.  Overbidding will not endear you to anyone, especially if you can’t pay.  In most cases you have to pay for your item as soon as you win the auction.  Failure to pay can create a great deal of trouble for you.

Online or In-Person

Phoenix auctions offers both online and live auctions.  To bid online you need to have a credit card and get online while the auction is running.  Read the descriptions of available items carefully.  Sometimes items are damaged, but still a good buy if you can fix them cheaply.  Other times, you need to pass.  Since you can’t actually hold and see the items in advance, bid cautiously.

Live auctions are a bit different.  You will have an opportunity to view the merchandise in advance.  Go and see what you want to bit upon.  If you are bidding on a car and don’t have mechanical experience, bring a mechanic with you.  Arrive on auction day ready to pay your tab if you win.

An auction can be a great way to pick up things you collect or even things you really need, at a steal.  No matter what, know the value of what you want and stick to your budget.  With Phoenix auctions you can bid with confidence.

Phoenix Marathon Auction Set for July 7th

Thursday, June 14th, 2012

Auction Systems Auctioneers and Appraisers have set the date for a Phoenix Marathon Auction on July 7, 2012 which will feature fiduciary trusts, bank forced liquidations, school district equipment and supplies, city surplus equipment and supplies and city surplus equipment including commercial restaurant equipment. This auction will begin at 9 AM, with item inspection open on Thursday, July 5 from 4-6 PM, Friday, July 6 from 10 AM to 2 PM and on auction day for one hour before the auction begins at 9 AM.

In case you have extended 4th of July plans, you can register for online bidding and get in early on the auction which begins on June 30th. This auction features an air hockey table, bicycles,  arcade games, jewelry, electronics, cameras, outdoor grills, antique sewing machines, artwork and paintings, furniture, plenty of electronics including HDTVs, laptops, Blu-Ray players and much, much more.

Take a sneak peek at our Phoenix marathon auction items below.

For more information on the upcoming Phoenix marathon auction, contact Auction Systems today or register to be a bidder and bring the family. See you at the auction!

Beat the Heat at a Phoenix Auction this Summer

Monday, June 4th, 2012

Beat the summer heat at an Auction System’s Phoenix auction this summer and find great items for summer fun and everyday use. Auctions can be a great source to find  items for your Summer DIY projects, tools and supplies including power tools, hand tools, construction materials and more. There are several upcoming Phoenix auctions this month and each one just might have what you are looking for to complete your summer!

You can also find a various array of furniture, fixtures, furnishings and home appliances to complete your spring cleaning and give you home a summer refresher. When you attend a Phoenix auction, you have the ability to dictate the price you pay for an item. Although most Phoenix auctions use appraisers to determine and minimum bid, bidders like yourself and ultimately in charge of the final price of an auction item and can often win premium items at a heavily discounted price over buying retail.

Although it is very easy to get caught up in the excitement of a Phoenix auction, it is important to remember to bid wisely and be certain that the item you are bidding on is something you want to take home as your own. Before biding, closely inspect the item you are interested in during the auction preview. Auction previews allow you to view all items that will be up for bid during the auction so you know exactly the quality and condition of the item you are bidding on. Remember, you are buying the item “as is” without any warranties or guarantees of any kind, so take the risk of the item not being what you wanted out of the equation by attending the auction preview.

The opportunity to bid on high quality items at discounted prices is perhaps the most appealing feature of a Phoenix Auction and home remodelers, who are interested in saving money on home renovations and DIY projects, should take advantage of the quality tools, appliances, fixtures, furniture and furnishings available at local auctions. Quality local auction houses commonly sell do-it-yourself items that are either brand new, end of line or former display items allowing you to purchase everything from bathroom fixtures and tiles to kitchen appliances for a fraction of retail price.

Read more about purchasing bargain DIY tools, appliances and more on our blog or check out our Phoenix auction schedule or contact Auction Systems Auctioneers and Appraisers for additional information.

Auction Systems Auctioneers & Appraisers Inc., to Host Marathon Auction Featuring Confiscated & Forfeited Property

Wednesday, April 18th, 2012

Auction Systems Auctioneers & Appraisers, Inc., will host a marathon auction featuring agency stolen and confiscated property, jewelry, tools, city surplus, school district supplies and equipment, electronics, appliances, computers, commercial equipment, restaurant equipment, sporting goods, household items, furniture, sports and entertainment memorabilia, and much more on Saturday, April 21, 2012.

Items of interest for this Phoenix marathon auction include:  ‘36 Ford Phaeton, ‘39 Cadillac, ‘07 GMC Sierra 1/2 ton extended cab, ‘06 Chrysler Town & Country, ‘03 Chevrolet K1500, ‘02 Ford Mustang convertible, Jennings pistol, Mauser 1944 bolt action rifle, Iver Johnson .32 revolver, Apple external hard drive, arcade games featuring Skee Ball, Cruisin’ World, Crazy Taxi and slot machines, Von Zipper sunglasses, “Moonlight Dreaming” by Robert Lynn Nelson, “Valley Of Peace” by Thomas Kincaid, Louis Vuitton wallet, True restaurant refrigerator, Milwaukee power tools, Bontrager, Giant and Specialized mountain bikes, plus much more.

“Nothing compares with the exciting atmosphere of an auction,” said Deb Weidenhamer, CEO of Auction Systems Auctioneers & Appraisers Inc.  “The competitive bidding process creates a win-win scenario for buyers and sellers.  Both parties know they’re more likely to reach fair market value at auction.”

The marathon auction will be held on Saturday, April 21, 2012 at 9:00 a.m. at Auction Systems located at 951 W. Watkins in Phoenix, AZ.  All of the items listed in the auction may be previewed and inspected by interested bidders on Thursday, April 19, 2012 from 4:00 p.m. to 6:00 p.m., Friday, April 20, 2012 from 10:00 a.m. to 2:00 p.m., and Saturday, April 21, 2012 from 8:00 a.m. to 9:00 a.m. one hour prior to auction.

Items will also be available for preview and online bidding beginning Saturday, April 14, 2012. Interested parties can visit Auction Systems’ Phoenix auction schedule, to preview and sign up for online bidding.

Phoenix Real Estate Auctions: The Most Frequently Asked Questions of Buyers (Part 1 of 2)

Thursday, March 8th, 2012

This is part two in a series discussing Phoenix Real Estate Auctions. To read part one, click here.

Phoenix real estate auctions have grown in popularity.  Today, more and more people are learning about auctions and how to buy property.  Investors have long used auctions as a way to find good real estate investments.  Now, the general population is taking advantage of property auctions in greater numbers as well.

Once you find good sources for Phoenix real estate auctions, you can begin to learn how they work.  The typical areas buyers ask questions about involve these topics:

  • Buyer’s Premiums.  These are fees tacked on to the winning bid.  Your total purchase price will be the winning bid amount plus the buyer’s premium.  These fees are typical to the sales commission paid on traditional real estate transactions.

For example, a $100,000 winning bid at Phoenix real estate auctions might include a five percent buyer’s premium.  The total the buyer would pay for the property then would be $105,000.

In some Phoenix real estate auctions, a service fee is charged instead of the buyer’s premium.  It covers the same things as the buyer’s premium, but it’s not part of the total purchase price.

  • Absolute Auctions.  These auctions are especially exciting because they have no pricing restrictions. In other words, the highest bidder wins the property regardless of how small the bid may be.  It’s important to check the auction type when looking at upcoming Phoenix real estate auctions.

Some auctions may require additional approvals after the winning bid.  For example, the seller or a court may have to approve the sale at the winning bid amount.

  • Buyer Benefits.  The great thing about a property auction is you know the buyer is motivated to sell.  They’ve entered into an agreement with the auction house and therefore must sell to the highest bidder if it’s an absolute auction.  If it’s another type of auction, the seller is still obligated to sell if the winning bid is at or above the reserve price (the minimum the property can sell for).

Also, the buyer knows he or she is getting a property others want and find desirable.  With competitive bids, the fair market price can be reached.  This provides good reassurance to the winning buyer.

You can also have a real estate agent represent you at the auction to make sure your interests are protected.  If you’re unsure of the property’s value, a good buyer’s agent can help by providing market comparisons and other expertise.

After you win a bid at a property auction, the sale proceeds must like a traditional real estate transaction.  You make a deposit after winning the auction that will be applied against the purchase price.  Then, the closing will be schedule at which point you will pay the balance due and sign the required documents.

For more info on Phoenix Real Estate Auctions, contact us or visit our Phoenix Auctions page today.

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