Posts Tagged ‘auction and appraise’

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.

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.

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.

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.

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